$260,000
SOLD MAR 7, 2025
0.22 Acre
$1,181,818 Price per Acre
9,375 Sq Ft Lot

Recently Sold

20% Below List Price

359 Days on Market

About This Lot

As of March 2025

Build your Dream Home on Hutchinson Island! Highly sought after land in Thumb Point! Beach access, restaurants, live music are only steps away! Sewer and utilities inground and available. No HOA

Last Agent to Sell the Property

Lori Pfeifer Murphy

Real Estate of Florida License #3484700 Listed on: 03/12/2024

Real Estate of Florida

Co-Listed By

Todd Murphy

Real Estate of Florida License #3027690

Real Estate of Florida

Last Buyer's Agent

Todd Murphy

Real Estate of Florida License #3027690

Real Estate of Florida

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,236

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Beach Front
  • Paved or Partially Paved Lot
  • Site Plan Filed

Community Details

  • Thumb Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 240160501110005

Property Details

Property Type

Land

Est. Annual Taxes

$3,236

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FROM S OCEAN, GO WEST ON PORPOISE DR, TAKE A LEFT ON FERNANDINA ST. TAKE A RIGHT ON FRANCES AVE. PROPERTY IS ON THE RIGHT, SIGN IN THE YARD
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Beach Front, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 240160501110005
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.22
  • Lot Size: 75X125
  • Lot Size Sq Ft: 9375.0
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3236.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Mar 7, 2025
Sold by
Smith Jim and Smith Lynda
Bought by
Costa Roberto Alberto and Costa Enit Fuste
Seller's Agent
Lori Pfeifer Murphy
Real Estate of Florida
Buyer's Agent
Todd Murphy
Real Estate of Florida
List Price
$325,000
Sold Price
$260,000
Premium/Discount to List
-$65,000
-20%
Views
70
Current Estimated Value
$263,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,797
Avg. Annual Appreciation
7.80%
Original Mortgage
$208,000
Outstanding Balance
$207,294
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$60,632

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 13, 2023
Sold by
Merrell Thomas J and Merrell Patricia
Bought by
Smith Jim and Smith Lynda
Seller's Agent
Hank Wolff
One Sotheby's Int'l Realty
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$245,000
Sold Price
$175,000
Premium/Discount to List
-$70,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.22%

Purchase Details

Closed on
Feb 7, 2020
Sold by
Merrell Thomas J and Merrell Patricia H
Bought by
Merrell Thomas J and Merrell Patricia H

Purchase Details

Closed on
Jun 14, 2012
Sold by
Burban Kevin
Bought by
Merrell Thomas J and Merrell Patricia H

Purchase Details

Closed on
Dec 28, 2006
Sold by
Francis Avenue Investments Llc
Bought by
Burban Kevin

Purchase Details

Closed on
May 2, 2005
Sold by
Burban Dorothy Mary
Bought by
Francis Avenue Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.98%
Mortgage Type
Stand Alone First
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 Type Sale Price Title Company
Warranty Deed $260,000 Gemstone Title Partners Llc
Warranty Deed $260,000 Gemstone Title Partners Llc
Warranty Deed $175,000 Title Services
Interfamily Deed Transfer -- Attorney
Warranty Deed $70,000 Attorney
Special Warranty Deed $275,000 Attorney
Warranty Deed $335,000 First Priority Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 New Conventional
Closed $208,000 New Conventional
Previous Owner $275,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $260,000 -7.1% --
06/12/2024 06/12/24 Price Changed $280,000 -11.1% --
05/20/2024 05/20/24 Price Changed $314,900 -3.1% --
03/12/2024 03/12/24 For Sale $325,000 +85.7% --
01/13/2023 01/13/23 Sold $175,000 -28.6% --
12/14/2022 12/14/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $245,000 -- --
Source: BeachesMLS

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 $3,236 $200,300 $200,300 --
2023 $3,236 $188,700 $188,700 $0
2022 $3,030 $180,900 $180,900 $0
2021 $2,440 $103,700 $103,700 $0
2020 $2,262 $95,000 $95,000 $0
2019 $2,149 $95,000 $95,000 $0
2018 $1,848 $81,700 $81,700 $0
2017 $1,618 $61,300 $61,300 $0
2016 $1,510 $56,600 $56,600 $0
2015 $2,017 $82,800 $82,800 $0
2014 $1,723 $65,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10968030

BeachesMLS

APN: 24-01-605-0111-0005