$1,100,000
SOLD JAN 15, 2025
4 Beds
4 Baths
2,415 Sq Ft
0.25 Acres

Recently Sold

$455 Per Sq Ft

12% Below List Price

518 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Gulf View
  • Furnished
  • In Ground Pool
  • Beach House
  • Wet Bar

About This Home

As of January 2025

Welcome to an exquisite coastal paradise! Presenting a BRAND-NEW CONSTRUCTION 4 bedroom, 4 bath 1st TIER GULF home in the highly sought-after Cottages at Indian Summer, where nature meets beachside living. Prepare to be enchanted by the awe-inspiring features of this homed and the breathtaking vistas that surround you. This exclusive community offers the perfect blend of seclusion and accessibility, where you can immerse yourself in the splendor of nature while enjoying panoramic views of the Gulf of Mexico. Picture yourself taking leisurely walks along the white sandy beaches, with the sand between your toes and the gentle ocean breeze caressing your face. And the best part? Your furry friends are welcome too, as this stretch of beach is pet-friendly, allowing you to create unforgettable memories with your beloved four-legged companions. Embrace the local charm and indulge in the renowned Indian Pass Raw Bar, located just around the corner. Savor fresh seafood delicacies, mingle with friendly locals, and immerse yourself in the vibrant coastal culture that makes this area truly special. With the boat launch mere minutes away, you'll have the freedom to explore the pristine waters and embark on exciting aquatic adventures whenever your heart desires. Ideally situated between the captivating towns of Port St. Joe and Apalachicola, this location offers a world of culinary delights for you and your loved ones to discover. From quaint cafes to seafood and fine dining establishments, the choices for a memorable dinner out with the family are endless. Immerse yourself in the vibrant local scene, savoring the flavors of the region and creating lasting memories Now is the time to make 116 Cottage Lane your next address, a place where beachside living meets natural serenity. Call today to schedule a private viewing and experience coastal charm firsthand.

Last Agent to Sell the Property

Billy Joe Smiley

Port Realty Group Brokerage Email: 8502277979, bj@portrealtygroup.com License #660500 Listed on: 06/30/2023

Last Buyer's Agent

Laura Baxley

Port Realty Group License #3489032

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,166

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 48 x 218 x 49 x 221

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 2,415 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Recessed Lighting
  • Living Room
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Gulf Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Patio

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Community Sewer or Septic
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03186245R

Community Details

Overview

  • Cottages At Indian Summer Subdivision
  • The community has rules related to covenants

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,166

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Attribution Contact: 8502277979, bj@portrealtygroup.com
  • Directions: From Port St. Joe, East on Hwy 98. Veer right on SR 30-A. Continue on CR 30-A. Right on Barefoot Trail. Left on Cottage Ln. Property will be on your right. Look for sign.
  • Prop. Type: Residential
  • Building Stories: 3
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.25
  • Lot Size: 48 x 218 x 49 x 221
  • Road Surface Type: Paved
  • Subdivision Name: Cottages At Indian Summer
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 3
  • Property Attached Yn: No
  • Year Built: 2023
  • NAV22_Room4Name: Dining/Kitchen Combo
  • NAV22_Room10Name: Patio/Back Porch
  • NAV22_ResortRentalYN: No
  • NAV22_Room8Name: Patio/Back Porch
  • NAV22_Room3Name: Additional Bedroom
  • NAV22_Room7Name: Full Bath
  • NAV22_Room13Name: Laundry
  • NAV22_Room2Name: Master Bath
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Living Room
  • NAV22_Room1Name: Additional Bedroom
  • NAV22_Room15Name: Master Bedroom
  • NAV22_Room5Name: Additional Bedroom
  • NAV22_Room11Name: Full Bath
  • NAV22_Room9Name: Full Bath
  • NAV22_PoolType: Community
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator w/Ice Maker, Electric Oven
  • Furnished: Furnished
  • Interior Amenities: Elevator, Recessed Lighting, Walk-In Closet(s), Wet Bar
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl
  • Living Area: 2415

Exterior Features

  • Lot Features: Covenants/Restrictions, Deeded Water Access, Flood Insurance Required, Within 1/2 Mile of Water
  • Roof: Metal, Standing Seam
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water, 1st Tier Gulf, Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type
  • Foundation Details: Pilings
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Under House With Pad
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Community Sewer
  • Utilities: Cable Available, Electricity Connected, Internet Available, Sewer Connected, Underground Utilities, Water Connected, County Trash
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1500
  • Community Features: Deeded Access, Pool
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 10890
  • Additional Parcels: No
  • Parcel #: 03186245R
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jan 15, 2025
Sold by
Gravitt Investments Lllp
Bought by
Pope Johnny R and Pope Judy L
Seller's Agent
Billy Joe Smiley
Port Realty Group
Buyer's Agent
Laura Baxley
Port Realty Group
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
195
Current Estimated Value
$1,119,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,847
Avg. Annual Appreciation
2.97%
Original Mortgage
$500,000
Outstanding Balance
$489,520
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$630,327

Purchase Details

Closed on
Aug 15, 2024
Sold by
Gravitt Nadine H
Bought by
Gravitt Investments Lllp and Watson

Purchase Details

Closed on
Oct 28, 2005
Sold by
Moxie Construction Llc
Bought by
Gravitt Nadine Hammond
Source: Public Records

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Range of Values:

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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 $1,100,000 None Listed On Document
Warranty Deed $1,100,000 None Listed On Document
Deed Of Distribution $100 None Listed On Document
Warranty Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $1,100,000 -8.3% $455 / Sq Ft
06/21/2024 06/21/24 Price Changed $1,199,000 -7.7% $496 / Sq Ft
05/10/2024 05/10/24 Price Changed $1,299,000 -3.8% $538 / Sq Ft
11/20/2023 11/20/23 Price Changed $1,350,000 +8.0% $559 / Sq Ft
07/03/2023 07/03/23 For Sale $1,250,000 -- $518 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $8,166 $729,431 $140,000 $589,431
2023 $1,231 $63,777 $0 $0
2022 $1,184 $132,000 $132,000 $0
2021 $976 $95,000 $95,000 $0
2020 $961 $95,000 $95,000 $0
2019 $815 $75,000 $75,000 $0
2018 $801 $75,000 $0 $0
2017 $515 $36,000 $0 $0
2016 $535 $36,000 $0 $0
2015 $549 $36,000 $0 $0
2014 $496 $34,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 314611

Forgotten Coast REALTOR® Association

APN: 03186-245R