NOT LISTED FOR SALE

1411 W Highway 98 Mary Esther, FL 32569

Estimated Value: $792,000

0.91 Acre
$870,330 Price per Acre
39,640 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $325,000

Est. 144% increase in value since last sale

Current estimated payment $4,612/month

471 Days on Market

Highlights

  • Home fronts a sound
  • Florosa Elementary School Rated 9+
  • 0.91 Acre Lot

About This Lot

As of March 2017

HUGE REDUCTION OF OVER $100K! SELLER IS READY TO SELL...BRING OFFERS! This BEAUTIFUL, WATER-FRONT site is just under one (1) acre. Multi-Family (16 unit complex) with 1 commercial structure. Upon development, the property could produce a gross monthly income of $8000+. The property has an existing BEACH AREA, an existing SEA WALL, and a DOCK that can be restored. This is a highly desirable area for long-term rentals close to Hurlburt Field in Okaloosa County near Fort Walton Beach, FL. Property could also be cleared for development at 16 units/acre for Multi-Family or 6 units/acre for Single-Family Residence. Conceptuals available upon request.

Last Agent to Sell the Property

Tim Collins

Coastal Premier Properties NWFL LLC License #3309927 Listed on: 12/02/2015

Co-Listed By

Ron Friesen

Beach Sunsets Inc License #3040192

Last Buyer's Agent

Terri Joubert

A List Beach Realty LLC License #3356777

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,596

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 135'x315'x142'x280'
  • Home fronts a sound
  • Property fronts a highway
  • Property is zoned Resid Multi-Family,

Schools

  • Mary Esther Elementary School
  • Pryor Middle School
  • Fort Walton Beach High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-2S-25-0000-0010-0010

Property Details

Property Type

Land

Est. Annual Taxes

$4,596

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.91
  • Lot Size: 135'x315'x142'x280'
  • Road Frontage Type: US Highway
  • Co List Office Mls Id: ECE2
  • Co List Office Phone: 850-865-9070
  • Directions: From Ft. Walton Beach, go west on US Hwy 98 W past Hurlburt Field in Mary Esther. The property is another 1.5 miles on the left directly across the street from Sunrise Marina.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterfront:Sound: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Sound
  • Waterfront: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Mary Esther
  • High School: Fort Walton Beach
  • Middle Or Junior School: Pryor

Lot Info

  • Lot Size Sq Ft: 39639.6
  • Parcel #: 14-2S-25-0000-0010-0010
  • Zoning: Resid Multi-Family,
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4595.97
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
J & T Sister Investments Llc
Bought by
Phillips Willaims F and Phillips Kathryn
Current Estimated Value
$792,000

Purchase Details

Listed on
Dec 2, 2015
Closed on
Mar 27, 2017
Sold by
Great American Real Estate Associates In
Bought by
J & T Sister Investments Llc
Seller's Agent
Tim Collins
Coastal Premier Properties NWFL LLC
Buyer's Agent
Terri Joubert
A List Beach Realty LLC
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Roman Kenneth R and Case #2014 Ca 002350 F
Bought by
Great American Real Estate Associates In
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
Phillips Willaims F $475,000 Old South Land Title
J & T Sister Investments Llc $325,000 H&S Title & Escrow Inc
Great American Real Estate Associates In $400,300 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $325,000 0.0% --
03/17/2017 03/17/17 Pending -- -- --
12/02/2015 12/02/15 For Sale $325,000 -- --
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 $5,512 $471,691 $471,691 --
2023 $5,512 $462,442 $462,442 $0
2022 $5,027 $440,421 $440,421 $0
2021 $4,504 $364,635 $364,635 $0
2020 $3,557 $297,788 $297,788 $0
2019 $3,534 $297,787 $297,787 $0
2018 $3,398 $294,840 $0 $0
2017 $5,089 $433,027 $0 $0
2016 $4,920 $421,484 $0 $0
2015 $4,469 $405,910 $0 $0
2014 $4,596 $411,181 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Collins

    Seller's Agent in 2017

    Tim Collins

    Coastal Premier Properties NWFL LLC

    (850) 502-6300

    267 Total Sales

    Tim Collins
    Section Image
  • Ron Friesen

    Seller Co-Listing Agent in 2017

    Ron Friesen

    Beach Sunsets Inc

    (850) 865-9070

    112 Total Sales

    Ron Friesen
    Section Image

  • T

    Buyer's Agent in 2017

    Terri Joubert

    A List Beach Realty LLC

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 742541

Emerald Coast Association of REALTORS®

APN: 14-2S-25-0000-0010-0010

Florida Okaloosa County Mary Esther 32569

1411 W Highway 98, Mary Esther, FL

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