brett sells destin

108 Walton Magnolia Lane, Inlet Beach, FL 32461 (MLS# 861158)


$5,495,000
108 Walton Magnolia Lane
Inlet Beach, FL 32461
MLS# 861158
Status: Sold
6 beds  |  5 baths  |  3034 sqft


Aerial Shot
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Aerial Shot Large Quarter Acre Lot Gulf Front Pool/Boardwalk Views from Balcony Pool and lounge area Dining/living space Kitchen Bathroom King Bedroom Game Room Ping Pong Bunk Beds Guest Bedroom Guest Bed Guest Bath Guest Bath Entry Hall First Floor Entryway Laundry Room Kitchen Kitchen Kitchen/Stainless Steel Dining Room/Living Living Room King Bedroom King Bed Bath Bathroom Bunk Room Bunks Bunk Bathroom Master Views from Master Master Bath Master Bath Master Tub Views from Master Master Balcony Kitchen Balcony Balcony off Kitchen Outdoor Dining/Grilling Area Pool Lounge Area Pool Pool Chairs Gulf Front Pool Private Boardwalk New Boardwalk Steps to Beach

Property Description
Spectacular Gulf-Front Compound. Fully-Renovated home boasting Strong Rental Income of $300,000 for 2020 and $292,000 on the books for 2021. As you enter through the front door there's a beautiful shiplap accented foyer and to your right you'll notice a wide open game room with a ping pong table, arcade games, and two adjoining bedrooms, one of which is a bunk-room, making this the perfect hangout space for the kids. Moving along to the 2nd level offers breathtaking views of the gulf that begin to shine bright as you ascend to the top of the staircase. This 2nd level holds light-filled living spaces with beautiful coastal decor, a wide open kitchen with stainless steel appliances, a dining room with stunning gulf vistas, and a large guest bedroom with ensuite bath.

Details
Status Change Info
Status: Sold
Under Contract Date: 2021-03-13
Sold Date: 2021-05-06
Sold Price: $5,350,000
Sold Price/SqFt: 1763.35
Contract Info
List Date: 2020-12-18
Current Price: $5,350,000
List Price: $5,495,000
List Price/SqFt: 1811.14
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 18 - 30A East
Street #: 108
Street Name: Walton Magnolia
Street Suffix: Lane
State: FL
Zip Code: 32461
County: Walton
Sub Area: 1806 - S of of 30A/East
Project Name/Subdivision: NO RECORDED SUBDIVISION
Parcel ID: 36-3S-18-16100-000-2502
Elementary School: Bay
Middle School: Emerald Coast
High School: South Walton
Legal Description: THE W 54.12FT OF E 108.24FT OF LOT 250 S/D OF SEC 36-3S-18W OR 1515-225 OR 2480-869 OR 2597-1837 OR 2736-2129 OR 2840-981 OR 3087-1023
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 3034
SqFt Source: Agent-Measured
Bedrooms: 6
Full Baths: 5
Total Bathrooms: 5
# Stories: 3
Year Built: 1997
Immediate Occupancy: Yes
Garage: No
Carport: No
Acreage: 0.26
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Assessment Fees: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 20488.96
Last Tax Year: 2019
Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property.
As Is: No
Remarks & Misc
Remarks: Spectacular Gulf-Front Compound. Fully-Renovated home boasting Strong Rental Income of $300,000 for 2020 and $292,000 on the books for 2021. As you enter through the front door there's a beautiful shiplap accented foyer and to your right you'll notice a wide open game room with a ping pong table, arcade games, and two adjoining bedrooms, one of which is a bunk-room, making this the perfect hangout space for the kids. Moving along to the 2nd level offers breathtaking views of the gulf that begin to shine bright as you ascend to the top of the staircase. This 2nd level holds light-filled living spaces with beautiful coastal decor, a wide open kitchen with stainless steel appliances, a dining room with stunning gulf vistas, and a large guest bedroom with ensuite bath.
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 2.5
Non-Rep Comp Type: %
Waterfront
Waterfront Feet: 54
Property Features
Construction Status: Construction Complete
Lot/Parcel Access: County Road; Paved Road
Lot Features: Dead End; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterfront: Gulf
Waterview: Gulf
Construction/Siding: Roof Metal; Stucco
Exterior: Balcony; Fenced Back Yard; Patio Covered; Pool - In-Ground
Interior: Breakfast Bar; Furnished - All; Owner's Closet; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator W/IceMk; Stove/Oven Electric; Washer
Utilities: Electric; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Mstr Bdrm/Mstr Bath: MBath Separate Shwr; MBath Tile; MBed Waterfront
Master Bedroom: Third
Bedroom: Second; Third
Kitchen: Second
Living Room: Second
Rooms: Bedroom; Dining Area; Garage; Kitchen; Living Room; Loft; Master Bedroom; Storage
Supplements
Also on this level is a wonderful and spacious balcony overlooking a private gulf-front pool and offering abundant space for entertaining and gathering. Continuing on to the 3rd level you'll find 3 additional bedrooms, including 2 master suites and another bunk room. And of course there's a gulf-facing balcony on this level where the views are absolutely spectacular. This property has a gulf-front pool with plenty of spots for lounging in the sun, a private boardwalk to the beach, PLUS 54 feet of private beachfront belonging exclusively to this residence. Location is top-notch with quick access to wildly popular 30A favorites like Rosemary and Alys Beach, shopping and restaurants at 30Avenue, and less than 30mins from Panama City Beach's international airport. This home would make a tremendous investment property or 2nd home. Call today for your private tour.
Room Information
Room Name Level Dimensions Length Width Dimensions
Living RoomSecond30 x 13.530.0013.5030 x 13.5
Master BedroomThird18 x 1418.0014.0018 x 14
BedroomSecond12 x 1112.0011.0012 x 11
BedroomThird12.5 x 1112.5011.0012.5 x 11
BedroomThird15.9 x 10.915.9010.9015.9 x 10.9
StorageFirst18.4 x 10.318.4010.3018.4 x 10.3
Dining AreaSecond13 x 1113.0011.0013 x 11
KitchenSecond12 x 10.912.0010.9012 x 10.9
LoftFourth12.8 x 9.412.809.4012.8 x 9.4
GarageFirst19 x 16.319.0016.3019 x 16.3

Listing Office: 30A Escapes Realty

Last Updated: February - 13 - 2024


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.