NOT LISTED FOR SALE

128 Tidal Bridge Way Watersound, FL 32461

Watersound Neighborhood

Estimated Value: $4,454,000 - $6,442,000

0.21 Acre
$25,236,319 Price per Acre
9,017 Sq Ft Lot

Last Sold March 20, 2013

Last sale price $1,800,000

Est. 190% increase in value since last sale

Current estimated payment $31,328/month

17 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Golf Course Community
  • Bay Elementary School Rated A-
  • Beach
  • Fishing

About This Lot

As of March 2013

This is a gulf front homesite at Watersound Beach. Enjoy the beachside lifestyle in the exclusive controlled access neighborhood of Watersound Beach. This gulf front lot is beachfront with unobstructed views of the Lake and Gulf of Mexico. WaterSound Beach is located on the Gulf side of Scenic Highway 30A in South Walton County. This neighborhood includes 499 residences, village center, community parks, dune walkovers, biking and walking paths, clubhouses and approximately one-mile of beach on the Gulf of Mexico. Centrally located to the best dining, unique boutique shopping, bike paths and some of the most challenging golf courses the gulf coast has to offer. Easy access to Hwy 98, allowing you to explore the nearby cities of Destin or Panama City Beach, as well as, the Northwest Florida Beaches International Airport now open.

Last Agent to Sell the Property

Hunter Harman

Berkshire Hathaway HomeServices License #603982 Listed on: 02/04/2013

Berkshire Hathaway HomeServices

Last Buyer's Agent

ecn.rets.e2509

ecn.rets.RETS_OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,289

Lot Details

  • Lot Dimensions are 50x141x50x174
  • Lake Front
  • Property fronts gulf or ocean

HOA Fees

  • $370 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 21-3S-18-16200-000-0370

Community Details

Overview

  • Watersound Beach Subdivision

Recreation

  • Boat Dock
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$22,289

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 50X141X50X174
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Watersound Beach is located approximately 6 miles east of WaterColor along Scenic Hwy 30A. Turn right onto Bridge Lane. Turn left onto Tidal Bridge Way. Lot 37 is the second lot on the left past the p
  • Utilities Electric: Yes
  • Special Features: None

Exterior Features

  • View: Lake, Gulf
  • Waterfront Features: Gulf, Lake
  • Waterfront: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Other
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Golf, Pool, Tennis, TV Cable, Owners Pets Allowed
  • Association #2 Fee: 1110.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 21-3S-18-16200-000-0370
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Patterson Gayley A and Patterson Robert S
Bought by
Robert S Patterson 4-Year Qualified Personal and Robert S Patterson 6-Year Qualified Personal
Current Estimated Value
$5,223,918

Purchase Details

Closed on
Apr 11, 2024
Sold by
Patterson Gayley A and Patterson Robert S
Bought by
Robert S Patterson 4-Year Qualified Personal and Robert S Patterson 6-Year Qualified Personal

Purchase Details

Closed on
Jul 1, 2021
Sold by
Lockwood Properties Llc
Bought by
Patterson Gayley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Listed on
Feb 4, 2013
Closed on
Mar 20, 2013
Sold by
Lewis William H and Lewis Karen K
Bought by
Lockwood Properties Llc
Seller's Agent
Hunter Harman
Berkshire Hathaway HomeServices
Buyer's Agent
ecn.rets.e2509
ecn.rets.RETS_OFFICE
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Aug 15, 2007
Sold by
Williams Mark M
Bought by
Lewis William H and Lewis Karen K

Purchase Details

Closed on
Nov 9, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Williams Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
6.57%
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
Robert S Patterson 4-Year Qualified Personal -- None Listed On Document
Robert S Patterson 4-Year Qualified Personal $3,956,800 None Listed On Document
Patterson Gayley A $2,800,000 Attorney
Lockwood Properties Llc $1,800,000 Neighborhood Title Group
Lewis William H $2,000,000 Southern Escrow & Title Llc
Williams Mark M $895,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patterson Gayley A $2,800,000
Previous Owner Lewis William H $500,000
Previous Owner Lewis William H $300,000
Previous Owner Williams Mark M $805,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2013 03/20/13 Sold $1,800,000 0.0% --
02/21/2013 02/21/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $1,800,000 -- --
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 $22,289 $5,254,573 $2,500,000 $2,754,573
2023 $22,289 $2,453,035 $2,453,035 $0
2022 $25,234 $2,722,869 $2,722,869 $0
2021 $23,053 $2,381,587 $2,381,587 $0
2020 $21,750 $2,178,853 $2,178,853 $0
2019 $20,988 $2,115,391 $2,115,391 $0
2018 $19,139 $1,919,418 $0 $0
2017 $17,997 $1,865,191 $1,865,191 $0
2016 $17,030 $1,793,453 $0 $0
2015 $14,815 $1,457,500 $0 $0
2014 $13,659 $1,325,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hunter Harman

    Seller's Agent in 2013

    Hunter Harman

    Berkshire Hathaway HomeServices

    (850) 598-7011

    3 in this area

    348 Total Sales

    Hunter Harman
    Section Image

  • e

    Buyer's Agent in 2013

    ecn.rets.e2509

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 590557

Emerald Coast Association of REALTORS®

APN: 21-3S-18-16200-000-0370

Florida Walton County Watersound 32459 Watersound

128 Tidal Bridge Way, Watersound, FL

This home is located at 128 Tidal Bridge Way, Watersound, FL 32461 since 04 February 2013 and is currently estimated at $5,223,918. 128 Tidal Bridge Way is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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