$1,025,000
SOLD FEB 7, 2025

1421 Driftwood Point Rd Santa Rosa Beach, FL 32459

0.57 Acre
$1,798,246 Price per Acre
24,829 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

21% Below List Price

29 Days on Market

Highlights

  • Home fronts a seawall
  • Van R. Butler Elementary School Rated A-
  • Bay View

About This Lot

As of February 2025

Exceptional opportunity to build a spacious retreat perched on the banks of stunning Choctawhatchee Bay. Home has been destroyed by fire and will need to be removed by the buyer. Total loss presents an incredible opportunity to purchase a rarely available vacant lot on Driftwood Pt Rd., where all eyes lead to the water. Escape to a private Oasis with 100' of bay frontage. Drive down prestigious Driftwood Point, minutes from the Emerald Coast's finest beaches, shopping, dining and entertainment yet world's away from everyday distractions. Boating is easily accessible with the recently reconstructed covered decking with deck featuring flow through decking.
Low HOA costs, friendly neighbors, and pink hued sunsets. Discover life on the bay!

Last Agent to Sell the Property

Cindy Cole

Keller Williams Realty Destin License #no data Listed on: 12/26/2024

Keller Williams Realty Destin

Last Buyer's Agent

Cindy Cole

Keller Williams Realty Destin License #no data Listed on: 12/26/2024

Keller Williams Realty Destin

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,651

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 250x105
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts a county road

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Bay Views
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 11-2S-21-42010-00J-0070

Community Details

Overview

  • Driftwood Estates Subdivision
  • The community has rules related to covenants

Recreation

  • Bulkhead
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$18,651

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.57
  • Lot Size: 250x105
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Subdivision Name: DRIFTWOOD ESTATES
  • Directions: Hwy. 98 to North on Mack Bayou Road. Left on W. Harborview. Turn right on Shipwreck. Left on Driftwood. LOT is 1/4 mile on right.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Waterfront:Shore - Seawall: Yes
  • Waterfront:Shore - Rip Rap: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Bulkhead/Seawall, Covenants, Flood Insurance Req, Within 1/2 Mile to Water
  • View: Bay
  • Waterfront Features: Bay, Shore - Rip Rap, Shore - Seawall
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:BulkheadSeawall: Yes
  • Lot Features:Flood Insurance Req: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 400.0

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 24829.2
  • Parcel #: 11-2S-21-42010-00J-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: No

Tax Info

  • Tax Annual Amount: 18650.54
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2024
Closed on
Feb 7, 2025
Sold by
Bearinger Carter and Bearinger Tammy
Bought by
Easy Waters Llc
Seller's Agent
Cindy Cole
Keller Williams Realty Destin
Buyer's Agent
Cindy Cole
Keller Williams Realty Destin
List Price
$1,290,000
Sold Price
$1,025,000
Premium/Discount to List
-$265,000
-20.54%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
616.50%

Purchase Details

Closed on
Aug 1, 2008
Sold by
Riggins Donald R and Riggins Kathleen C
Bought by
Bearinger Carter and Bearinger Tammy

Purchase Details

Closed on
Jun 22, 2001
Sold by
Finney Charles E
Bought by
Riggins Donald R and Riggins Kathleen C
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,025,000 Mcneese Title
Warranty Deed $1,650,000 Southern Escrow & Title Llc
Warranty Deed $257,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $413,050 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $307,611 Unknown
Previous Owner $1,332,500 Unknown
Previous Owner $500,000 Stand Alone Second
Previous Owner $200,000 Unknown
Previous Owner $865,000 Unknown
Previous Owner $850,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $1,525,000 +48.8% --
02/07/2025 02/07/25 Sold $1,025,000 -20.5% $171 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
12/26/2024 12/26/24 For Sale $1,290,000 -- $215 / Sq Ft
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 $18,703 $2,041,814 $605,798 $1,436,016
2023 $18,703 $2,058,386 $605,798 $1,452,588
2022 $7,566 $854,527 $0 $0
2021 $7,666 $829,638 $0 $0
2020 $7,795 $1,314,653 $467,900 $846,753
2019 $7,572 $799,788 $0 $0
2018 $7,454 $784,875 $0 $0
2017 $7,251 $768,732 $0 $0
2016 $7,164 $752,921 $0 $0
2015 $7,226 $747,687 $0 $0
2014 -- $741,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 965230

Emerald Coast Association of REALTORS®

APN: 11-2S-21-42010-00J-0070