NOT LISTED FOR SALE

00 Sandtrap Rd Miramar Beach, FL 32550

Estimated Value: $2,980,000 - $3,579,000

0.15 Acre
$21,282,620 Price per Acre
6,534 Sq Ft Lot

Last Sold September 02, 2020

Last sale price $380,000

Est. 740% increase in value since last sale

Current estimated payment $18,835/month

22 Days on Market

About This Lot

As of September 2020

Well positioned lot location in Miramar Beach south of Highway 98 on Sandtrap Road. This lot is a traditional size spanning 50 feet along Sandtrap Rd and is 150 feet deep. Rare offering to build a primary, second home, or rental investment property.

Last Agent to Sell the Property

Chris Abbott Group

Scenic Sotheby's International Realty License #BK3078996 Listed on: 08/03/2020

Scenic Sotheby's International Realty

Last Buyer's Agent

Chris Abbott Group

Scenic Sotheby's International Realty License #BK3078996 Listed on: 08/03/2020

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,118

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50' x 150'
  • Level Lot

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34-2S-21-42000-013-0000

Property Details

Property Type

Land

Est. Annual Taxes

$22,118

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.15
  • Lot Size: 50' x 150'
  • Road Surface Type: Paved Road
  • Subdivision Name: METES & BOUNDS
  • Directions: On Highway 98, just east of Silver Sands Outlets, turn south onto Sandtrap Road (between Palm Plaza and Dollar General). Property will be on the right.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level, Within 1/2 Mile to Water
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 34-2S-21-42000-013-0000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Cochran James A
Bought by
Cochran James A and James A Cochran Revocable Trust
Current Estimated Value
$3,192,393

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 2, 2020
Sold by
Hawkins H L
Bought by
Cochran James A
Seller's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
Buyer's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.79%

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bayou Landings Llc
Bought by
Adams Homes Of Northwest Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2003
Sold by
Bayou Landings Llc
Bought by
Adams Homes Of Northwest Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cochran James A -- Accommodation
Cochran James A $380,000 Setco Services Llc
Adams Homes Of Northwest Florida Inc $585,000 --
Adams Homes Of Northwest Florida Inc $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Homes Of Northwest Florida Inc $30,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $380,000 0.0% --
08/25/2020 08/25/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $380,000 -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,118 $2,711,235 $423,738 $2,287,497
2023 $22,118 $2,434,234 $423,738 $2,010,496
2022 $4,359 $470,350 $470,350 $0
2021 $3,982 $411,396 $411,396 $0
2020 $2,832 $400,400 $400,400 $0
2019 $2,661 $385,000 $385,000 $0
2018 $1,547 $175,000 $0 $0
2017 $1,213 $122,408 $122,408 $0
2016 $1,178 $117,700 $0 $0
2015 $1,118 $110,000 $0 $0
2014 $1,031 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 852233

Emerald Coast Association of REALTORS®

APN: 34-2S-21-42000-013-0000