NOT LISTED FOR SALE

1507 Alligator Dr Unit 2 Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $1,249,000 - $1,525,000

0.37 Acre
$3,802,365 Price per Acre
16,117 Sq Ft Lot

Last Sold June 07, 2016

Last sale price $250,000 $417 Per Sq Ft

Est. 463% increase in value since last sale

Current estimated payment $8,735/month

61 Days on Market

About This Lot

As of June 2016

Beachfront Lot in Alligator Point on one of the highest points on the entire peninsula. Well protected sitting up high over the beach perfect for great views of the Gulf of Mexico and well situated to catch all the sea breezes coming off the water. Just 500 feet from the only boat ramp on the point. The beach at this end of the point is actually growing! Might be the last chance to get a beautiful piece of beachfront for this price for a very long time.

Last Agent to Sell the Property

Josh Brown

Waypoint Properties License #3029165 Listed on: 04/01/2016

Last Buyer's Agent

Paul Parker

Harbor Point Realty License #513931

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,934

Year Built

  • 2020

Lot Details

  • 0.37 Acre Lot
  • Property fronts gulf or ocean
  • Property fronts a state road

Property Views

  • Bay
  • Gulf

Home Design

  • 600 Sq Ft Home

Schools

  • Franklin County High School

Utilities

  • Septic Needed
  • Phone Available

Community Details

  • Penn Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / g

Property Details

Property Type

Land

Est. Annual Taxes

$1,934

Year Built

2020

Lot Details

0

Listing Details

  • Restrictions: Mobile Homes - No
  • Class: Lots And Land
  • Lot: 5
  • Subdivision: Recorded
  • Tax Item Number: 06-07S-01W-1042-000G-0050
  • Type: Lots And Land
  • Category: Recreational/Coastal, Residential
  • Waterfront: Yes
  • L V T Date: 04/04/2016
  • Topography: Dry, Well Drained
  • Comprehensive Land Use: Inside Urban Serv Area
  • Development Status: Finished Lots
  • List Price per Acre: 700000
  • Minimum House Size: 600
  • Options: Will Not Divide
  • Road Surfacefrontage: Paved, State Road
  • Sold Per Acre: 675675.68
  • Utlities Available: Electricity, Public Water, Telephone
  • Directions: Hwy 98s to Alligator Point Rd (370)
  • Elementary School: OTHER
  • Geo Longitude: -84.396125
  • High School: Franklin County High School
  • Middle School: OTHER
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Frontage: Gulf
  • View: Bay, Gulf
  • Access: Maint - Govt., Paved
  • Number Of Acres: 0.37

Utilities

  • Water: City
  • Sewer: Septic Tank Required

Condo/Co-op/Association

  • Unit: 2

Schools

  • High School: Franklin County High School

Lot Info

  • Lot Dimensions: 90x175
  • Lot Description: Acres-Less Than 1, Regular
  • Geo Subdivision: FL

Tax Info

  • Annual Taxes: 1934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Cisson Robert Scott
Bought by
Schultz Robert and Schultz Tiffany
Total Days on Market
61
Current Estimated Value
$1,406,875

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 31, 2016
Sold by
Yuhas Joseph M
Bought by
Cisson Robert Scott
Seller's Agent
Josh Brown
Waypoint Properties
Buyer's Agent
Paul Parker
Harbor Point Realty
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.73%
Original Mortgage
$207,345
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2016
Sold by
Alligator Point Homes Llc
Bought by
Yuhas Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,345
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2003
Sold by
Yon David P and Harmon Jayne Y
Bought by
Alligator Point Homes Llc
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
Schultz Robert $350,000 Wakulla Title Company
Cisson Robert Scott $250,000 Wakulla Title Company Inc
Yuhas Joseph M $150,000 Wakulla Title Company Inc
Alligator Point Homes Llc $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cisson Robert Scott $207,345
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $250,000 -3.5% $417 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $259,000 -- $432 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board 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 $10,053 $990,371 $289,575 $700,796
2023 $9,161 $809,754 $280,800 $528,954
2021 $9,072 $734,688 $280,800 $453,888
2020 $3,667 $280,800 $280,800 $0
2019 $3,006 $263,250 $263,250 $0
2018 $2,735 $210,600 $0 $0
2017 $2,458 $184,275 $0 $0
2016 $2,109 $145,687 $0 $0
2015 $2,015 $137,812 $0 $0
2014 $2,032 $137,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Brown

    Seller's Agent in 2016

    Josh Brown

    Waypoint Properties

    (850) 528-6385

    19 in this area

    268 Total Sales

    Josh Brown
    Section Image
  • Paul Parker

    Buyer's Agent in 2016

    Paul Parker

    Harbor Point Realty

    (850) 349-9599

    128 in this area

    324 Total Sales

    Paul Parker
    Section Image
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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 267929

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 06-07S-01W-1042-000G-0050

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1507 Alligator Dr Unit 2, Panacea, FL

This home is located at 1507 Alligator Dr Unit 2, Panacea, FL 32346 since 01 April 2016 and is currently estimated at $1,406,875, approximately $2,344 per square foot. This property was built in 2020. 1507 Alligator Dr Unit 2 is a home located in Franklin County with nearby schools including Franklin County 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.

Capital Area Technology & REALTOR® Services (Tallahassee Board 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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