NOT LISTED FOR SALE

111 7th St S Flagler Beach, FL 32136

Estimated Value: $305,163 - $381,000

0.25 Acres
$1,372,328 Price per Acre
10,890 Sq Ft Lot

Last Sold October 29, 2013

Last sale price $135,100 $14 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,235/month

57 Days on Market

Highlights

  • Property fronts gulf or ocean
  • No HOA
  • 4-minute walk to Wickline Park
  • Old Kings Elementary School Rated A-
  • Heating Available

About This Lot

As of October 2013

Zoning on this parcel(two 50 x 100 lots) is low density residential-you can build a single family residence, a duplex, or a multiplex; Look North at Mayo Condos across the street for ideas. Plus, build your business on the adjacent available commercial lot(MLS 196195).If looking to build rentals (or to enjoy yourself)this lot really capitalizes on one of Florida's best natural resources – the ocean. Plus you/your tenants will love the fact that Flagler Beach's boardwalk begins/ends on 7th Street. Build now or hold for great appreciation!It's time to put your thinking cap and imagine the possibilities of what you would do with this fantastic opportunity.

Last Agent to Sell the Property

Jeffrey Sawyer

BETTER BUY REALTY LLC License #665991 Listed on: 05/16/2013

Last Buyer's Agent

Jeffrey Sawyer

BETTER BUY REALTY LLC License #665991 Listed on: 05/16/2013

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Property fronts gulf or ocean
  • Property is zoned LDR MULTI-FAMILY,SINGLE F

Additional Features

  • Water Views
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12-12-31-4500-00140-0040

Property Details

Property Type

Land

Lot Details

0.25 Acres

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 10000
  • Status: Sold
  • Street Post Direction: S
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.71143
  • Price per Sq Ft: 13.51
  • Close to Original List Price Ratio: 0.71143
  • View: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: City Street
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: LDR MULTI-FAMILY,SINGLE F
  • Parcel Number: 12-12-31-4500-00140-0040
  • Lot Features: Other
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Oct 29, 2013
Sold by
Tanner John W and John W Tanner Pension Plan
Bought by
Flagler Land Partnership Llc
Seller's Agent
Jeffrey Sawyer
BETTER BUY REALTY LLC
Buyer's Agent
Jeffrey Sawyer
BETTER BUY REALTY LLC
List Price
$189,900
Sold Price
$135,100
Premium/Discount to List
-$54,800
-28.86%
Current Estimated Value
$343,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,982
Avg. Annual Appreciation
7.81%
Original Mortgage
$130,100
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Flagler Land Partnership Llc $135,100 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Flagler Land Partnership Llc $130,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2013 10/29/13 Sold $135,100 -28.9% $14 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $189,900 -- $19 / Sq Ft
Source: Stellar MLS

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
2025 $5,405 $276,000 $276,000 --
2023 $5,272 $264,091 $0 $0
2022 $4,969 $276,000 $276,000 $0
2021 $4,624 $252,000 $252,000 $0
2020 $4,291 $240,000 $240,000 $0
2019 $4,011 $220,000 $220,000 $0
2018 $3,685 $200,000 $200,000 $0
2017 $3,492 $200,000 $200,000 $0
2016 $3,203 $135,520 $0 $0
2015 $2,782 $123,200 $0 $0
2014 $2,423 $112,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC196237

Stellar MLS

APN: 12-12-31-4500-00140-0040

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