NOT LISTED FOR SALE

1277 Beach Ave Atlantic Beach, FL 32233

Estimated Value: $4,453,000 - $5,090,000

4 Beds
3 Baths
5,100 Sq Ft
$954/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $5,150,000 $1,010 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $30,657/month

108 Days on Market

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • Central Heating and Cooling System
  • Atlantic Beach Elementary School Rated A-
  • 2 Detached Carport Spaces

About This Home

As of September 2024

Great opportunity at this low price, once builder starts renovations price will change. This stunning Oceanfront Home is truly in the ''sweet spot of Old Atlantic Beach'', not too close to the hustle of downtown and not too far north. This home is on a deep 225 foot lot with a very wide home with 43 feet of Ocean front living space on the first floor and 5100 square feet of heated and cooled space in main home. All rooms are oversized, large kitchen, large dining room, huge great room with fireplace and Florida room across the front. Upstairs features 3 bedrooms, 2 of them ocean front. Large ocean facing master and guest room. Huge 3rd floor game/flex room with oceanfront terrace with panoramic views. Miles of northern views up the beach. This home is in move in condition with the opportunity to update the kitchens and baths to your personal taste or it is a great home if buyers want to completely renovate and make it their own. The existing garage apartment can be torn down and recreated to establish a 3-car garage and larger courtyard for a pool or outdoor entertainment area. Don't miss out on this opportunity to own this perfect lot in Atlantic Beach.

Last Agent to Sell the Property

Jan Shields

WATSON REALTY CORP License #SL444142 Listed on: 04/16/2024

WATSON REALTY CORP

Co-Listed By

Fabiola Hayden

HAYDEN HAWK REALTY, LLC License #3574788

Last Buyer's Agent

KATHERINE DAVIDSON

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY License #3071148

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,571

Year Built

  • Built in 1925

Lot Details

  • 0.3 Acre Lot
  • 50 Feet of Waterfront
  • Ocean Front

Parking

  • 2 Detached Carport Spaces

Interior Spaces

  • 5,100 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Atlantic Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1702940000

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,571

Year Built

Built in 1925

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential
  • New Construction: No
  • Stories: 3
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.3
  • Subdivision Name: Atlantic Beach
  • Carport Y N: Yes
  • Garage Yn: No
  • General Property Information Living Area2: 5100.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information List PriceSqFt2: 1009.8
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: No
  • General Property Information Water Frontage Feet: 50
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Carport YN: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 5100.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: Yes
  • Pool Features: None
  • Waterfront Features: Ocean Front
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Detached Carport
  • General Property Information:Garage YN: No
  • Parking Features:Detached Carport: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 1702940000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23570.6
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Sep 20, 2024
Sold by
Palm Row Cottage Llc
Bought by
Hoene Christine
Seller's Agent
Jan Shields
WATSON REALTY CORP
Buyer's Agent
KATHERINE DAVIDSON
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
List Price
$6,750,000
Sold Price
$5,150,000
Premium/Discount to List
-$1,600,000
-23.7%
Views
54
Current Estimated Value
$4,863,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$286,228
Avg. Annual Appreciation
-3.79%

Purchase Details

Listed on
Mar 25, 2024
Closed on
Mar 15, 2024
Sold by
Yazgi Abdo and Yazgi Linda
Bought by
Palm Row Cottage Llc
Seller's Agent
NON MLS
NON MLS (realMLS)
Buyer's Agent
ESTEPHAN YAZGI
FLORIDA HOMES REALTY & MTG LLC
List Price
$4,500,000
Sold Price
$4,500,000
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.62%
Original Mortgage
$5,000,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 1998
Sold by
Gay Leonora T and Gay Robert B
Bought by
Yazgi Abdo
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
Hoene Christine $5,150,000 None Listed On Document
Palm Row Cottage Llc $4,500,000 None Listed On Document
Yazgi Abdo $908,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palm Row Cottage Llc $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold $5,150,000 0.0% $1,010 / Sq Ft
07/19/2024 07/19/24 Price Changed $5,150,000 -11.0% $1,010 / Sq Ft
07/04/2024 07/04/24 Price Changed $5,788,888 -10.9% $1,135 / Sq Ft
05/23/2024 05/23/24 Price Changed $6,499,000 -3.7% $1,274 / Sq Ft
04/16/2024 04/16/24 For Sale $6,750,000 -- $1,324 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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
2026 $64,198 $3,763,588 -- --
2025 $71,442 $3,731,560 $2,779,267 $952,293
2024 $23,571 $4,102,254 $2,773,000 $1,329,254
2023 $23,571 $1,387,223 $0 $0
2022 $21,980 $1,346,819 $0 $0
2021 $22,076 $1,307,592 $0 $0
2020 $21,896 $1,289,539 $0 $0
2019 $21,705 $1,260,547 $0 $0
2018 $21,478 $1,237,044 $0 $0
2017 $21,267 $1,211,601 $0 $0
2016 $21,201 $1,186,681 $0 $0
2015 $21,540 $1,178,432 $0 $0
2014 $21,597 $1,169,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2020297

realMLS (Northeast Florida Multiple Listing Service)

APN: 170294-0000

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