NOT LISTED FOR SALE

1612 Highway A1a Satellite Beach, FL 32937

1.1 Acres
-- Price per Acre
47,916 Sq Ft Lot

Last Sold February 19, 2019

Last sale price $600,000

1,025 Days on Market

Highlights

  • 1.1 Acre Lot
  • Corner Lot
  • 4-minute walk to Pelican Beach Park
  • Ocean Breeze Elementary School Rated A-
  • No HOA

About This Lot

As of February 2019

Located at the SW Corner of A1A & Desoto Pkwy. Last vacant commercial lot at signalized intersection in Satellite Beach. CVS on NW corner. Zoned C City of Satellite Beach. Traffic Count over 24,000 AADT
All uses subject to review and approval of Community Redevelopment Agency of Satellite Beach, Owner. Convenience store with fuel will not be permitted.

Last Agent to Sell the Property

Michael Jaffe

Coldwell Banker Paradise Listed on: 06/01/2018

Co-Listed By

Bea Jaffe

Coldwell Banker Paradise

Last Buyer's Agent

Michael Jaffe

Coldwell Banker Paradise Listed on: 06/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $165

Year Built

  • 2019

Lot Details

  • 1.1 Acre Lot
  • Corner Lot
  • Cleared Lot
  • 2 Lots in the community

Schools

  • Ocean Breeze Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eau Gallie By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-01-50-00007.0-0020.00

Property Details

Property Type

Land

Est. Annual Taxes

$165

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Corner Lot
  • Road Surface Type: Paved
  • Co List Office Mls Id: spc.ocbpa0
  • Co List Office Phone: 321-951-3300
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Eau Gallie By The Sea
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Exterior Features

  • Acres: 1.1
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Number Of Lots: 2
  • Current Use: Commercial
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-01-50-00007.0-0020.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 164.51

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Feb 19, 2019
Sold by
Satellite Beach Community Redevelopment
Bought by
Beachside Doubles Inc
Seller's Agent
Michael Jaffe
Coldwell Banker Paradise
Buyer's Agent
Michael Jaffe
Coldwell Banker Paradise
List Price
$860,000
Sold Price
$600,000
Premium/Discount to List
-$260,000
-30.23%
Total Days on Market
1025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,134,000
Outstanding Balance
$569,442
Interest Rate
4.4%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
May 25, 2006
Sold by
Esfahani Nabil K
Bought by
Satellite Beach Community Redevelopment

Purchase Details

Closed on
Aug 18, 2005
Sold by
Esfahani Nabil K
Bought by
Esfahani Nabil K

Purchase Details

Closed on
May 30, 2003
Sold by
Williams Charles
Bought by
Esfahani Nabil K and Kadur Faree Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Beachside Doubles Inc $600,000 None Available
Satellite Beach Community Redevelopment $1,525,000 First American Title Ins
Esfahani Nabil K -- --
Esfahani Nabil K $340,000 American Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beachside Doubles Inc $1,134,000
Closed Beachside Doubles Inc $907,200
Previous Owner Esfahani Nabil K $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $600,000 -30.2% --
07/03/2018 07/03/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $860,000 +43.3% --
05/01/2018 05/01/18 Off Market $600,000 -- --
09/11/2015 09/11/15 For Sale $1,465,000 -- --
Source: Space Coast MLS (Space 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
2023 $26,185 $1,193,320 $724,320 $469,000
2022 $27,502 $1,274,520 $0 $0
2021 $29,036 $1,270,780 $504,440 $766,340
2020 $32,041 $1,403,680 $504,440 $899,240
2019 $0 $243,750 $243,750 $0
2018 $0 $243,750 $243,750 $0
2017 $0 $218,750 $218,750 $0
2016 $0 $218,750 $218,750 $0
2015 -- $175,000 $175,000 $0
2014 $165 $175,000 $175,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 734713

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-01-50-00008.0-0001.00