$40,000
SOLD APR 17, 2025

1141 Lake Dr Cantonment, FL 32533

0.35 Acre
$114,286 Price per Acre
15,246 Sq Ft Lot

Recently Sold

20% Below List Price

10 Days on Market

About This Lot

As of April 2025

This 0.7-acre property in Cantonment has been subdivided into two separate lots, offering a great opportunity for builders, investors, or homeowners looking to develop. The owner is willing to sell the lots together or separately, with the listing price reflecting the purchase of one lot. Zoned MDR (Medium Density Residential) with prior V-4 zoning, this property allows for single-family homes, duplexes, and even a quadplex under certain conditions. Water, sewer, and power are available at the road, making development more convenient and cost-effective. As an added incentive, if one lot is purchased, the owner will offer seller financing on the second lot with favorable terms to be negotiated. This is a great opportunity to secure additional land with flexible financing. Located in a growing area with easy access to shopping, schools, and major roadways, this property is ideal for new construction or long-term investment. Contact us today for more details or to discuss purchasing options.

Last Agent to Sell the Property

Caleb Drake

Levin Rinke Realty Brokerage Email: calebdrake@levinrinkerealty.com Listed on: 02/26/2025

Levin Rinke Realty

Last Buyer's Agent

Preston Murphy

KELLER WILLIAMS REALTY GULF COAST

KELLER WILLIAMS REALTY GULF COAST

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $259

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions: 1731

Schools

  • Lipscomb Elementary School
  • Ransom Middle School
  • Tate High School

Listing and Financial Details

  • Assessor Parcel Number 131N301001030001

Property Details

Property Type

Land

Est. Annual Taxes

$259

Lot Details

0

Listing Details

  • Parcel Number: 131N301001030001
  • Property Type: Land
  • Property Sub Type: Land/Acreage
  • Horses: No
  • Lot Size Acres: 0.35
  • Lot Size: 1731 x 170' x 184'
  • Subdivision Name: None
  • Directions: From S Hwy 29, Turn right onto Old Chemstrand Rd, Turn left onto Lake Dr
  • Attribution Contact: calebdrake@levinrinkerealty.com
  • Special Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Lipscomb
  • High School: Tate
  • Middle Or Junior School: RANSOM

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 15246
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Apr 15, 2025
Sold by
Ava Linda Prop Llc
Bought by
Adobon Llc
Seller's Agent
Caleb Drake
Levin Rinke Realty
Buyer's Agent
Preston Murphy
KELLER WILLIAMS REALTY GULF COAST
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Views
8
Current Estimated Value
$39,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$500
Avg. Annual Appreciation
0.00%
Original Mortgage
$28,000
Outstanding Balance
$27,975
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$12,025

Purchase Details

Listed on
Feb 7, 2024
Closed on
Feb 26, 2024
Sold by
Langston George W
Bought by
Ava Linda Prop Llc
Seller's Agent
Rambe Parker
Coldwell Banker Realty
Buyer's Agent
Rambe Parker
Coldwell Banker Realty
List Price
$36,500
Sold Price
$33,000
Premium/Discount to List
-$3,500
-9.59%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Original Mortgage
$24,750
Interest Rate
6.6%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $40,000 None Listed On Document
Warranty Deed $33,000 Sunbelt Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $28,000 New Conventional
Previous Owner $24,750 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $40,000 +60.0% --
03/08/2025 03/08/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $25,000 -50.0% --
02/26/2025 02/26/25 For Sale $50,000 +51.5% --
02/26/2024 02/26/24 Sold $33,000 -9.6% --
02/07/2024 02/07/24 For Sale $36,500 -- --
Source: Pensacola 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 $259 $21,000 $21,000 --
2023 $259 $18,287 $0 $0
2022 $238 $16,625 $16,625 $0
2021 $245 $16,625 $0 $0
2020 $241 $16,625 $0 $0
2019 $243 $16,625 $0 $0
2018 $248 $16,625 $0 $0
2017 $253 $16,625 $0 $0
2016 $257 $16,625 $0 $0
2015 $258 $16,625 $0 $0
2014 $261 $16,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Drake

    Seller's Agent in 2025

    Caleb Drake

    Levin Rinke Realty

    (812) 243-2419

    2 in this area

    125 Total Sales

    Caleb Drake
    Section Image
  • Preston Murphy

    Buyer's Agent in 2025

    Preston Murphy

    KELLER WILLIAMS REALTY GULF COAST

    (850) 380-0571

    40 in this area

    814 Total Sales

    Preston Murphy
    Section Image
  • Rambe Parker

    Seller's Agent in 2024

    Rambe Parker

    Coldwell Banker Realty

    (850) 816-9295

    1 in this area

    5 Total Sales

    Rambe Parker
    Section Image
See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 659729

Pensacola Association of REALTORS®

APN: 13-1N-30-1001-030-001

Florida Escambia County Cantonment 32533

1141 Lake Dr, Cantonment, FL

This home is located at 1141 Lake Dr, Cantonment, FL 32533 and is currently priced at $40,000. 1141 Lake Dr is a home located in Escambia County with nearby schools including R.C. Lipscomb Elementary School, Ransom Middle School, and J.M. Tate Senior High School.

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