NOT LISTED FOR SALE

132 W Sugar Sand Mexico Beach, FL 32456

Estimated Value: $298,000 - $497,000

0.2 Acre
$1,991,970 Price per Acre
8,800 Sq Ft Lot

Last Sold June 28, 2018

Last sale price $155,000

Est. 160% increase in value since last sale

Current estimated payment $2,645/month

About This Lot

As of June 2018

An oversized 2nd tier lot in the much anticipated and finally a reality - Sugar Sand Subdivision. A New Exclusive High End Neighborhood in the Mexico Beach area! 80' x 110' gives lots of room for a wide home and pool/lanai. 1st tier and interior lots can build at least one full story higher than the gulf front homes, therefore having unobstructed gulf/sunset views. Amenities include: private gated access, gulf front community building with gym and resort style pool, palm lined streets, reflective gas lantern lighting, large 15' wide boardwalk with golf cart access to the beach, and the list goes on. This is truly a one of a kind opportunity!

Last Agent to Sell the Property

Zach Ferrell

NAI Talcor - PSJ License #3102406 Listed on: 05/14/2018

Last Buyer's Agent

Zach Ferrell

NAI Talcor - PSJ License #3102406 Listed on: 05/14/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,520

Lot Details

  • 8,800 Sq Ft Lot
  • Lot Dimensions are 80 x 110

HOA Fees

  • $208 Monthly HOA Fees

Property Views

  • Gulf Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04102300500

Community Details

Overview

  • Sugar Sand Subdivision

Security

  • Controlled Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,520

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Directions: Crossing the Mexico Beach bridge heading west on Hwy 98. Go 1.5 miles and see the new entrance cut into the new subdivision.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.202
  • Lot Size: 80 x 110
  • Road Surface Type: Paved
  • Subdivision Name: Sugar Sand
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Water Available, Cable Available

Condo/Co-op/Association

  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 8800
  • Additional Parcels: No
  • Parcel #: 04102300500
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Hong Brian L
Bought by
Hong Brian Lee and Hong Willie Claire
Current Estimated Value
$402,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,278,400
Outstanding Balance
$1,241,243
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$838,865

Purchase Details

Closed on
May 5, 2021
Sold by
Sugar Sand 50 Llc
Bought by
Hong Brian L and Hong Willie Claire

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 19, 2018
Sold by
Farmdale Llc
Bought by
Sugar Sand 50 Llc
Seller's Agent
Zach Ferrell
NAI Talcor - PSJ
Buyer's Agent
Zach Ferrell
NAI Talcor - PSJ
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%
Original Mortgage
$124,000
Interest Rate
4.5%
Mortgage Type
Commercial
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
Hong Brian Lee $100 --
Hong Brian L $260,000 South Oak Title Panama City
Sugar Sand 50 Llc $155,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Brian Lee $1,278,400
Previous Owner Sugar Sand 50 Llc $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $155,000 0.0% --
05/15/2018 05/15/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $155,000 -- --
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 $3,520 $289,674 -- --
2023 $3,520 $263,340 $303,849 $0
2022 $2,764 $239,400 $239,400 $0
2021 $1,741 $146,421 $146,421 $0
2020 $1,944 $166,842 $166,842 $0
2019 $1,710 $142,521 $142,521 $0
2018 $495 $40,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2018

    Zach Ferrell

    NAI Talcor - PSJ

    (850) 527-2330

    60 in this area

    121 Total Sales

    Zach Ferrell
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 262032

Forgotten Coast REALTOR® Association

APN: 04102-300-500

Florida Bay County Mexico Beach 32403

132 W Sugar Sand, Mexico Beach, FL

This home is located at 132 W Sugar Sand, Mexico Beach, FL 32456 since 14 May 2018 and is currently estimated at $402,378. 132 W Sugar Sand is a home located in Bay County.

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.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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