NOT LISTED FOR SALE

Estimated Value: $921,000 - $1,115,000

0.35 Acres
$2,892,706 Price per Acre
15,246 Sq Ft Lot

Last Sold May 20, 2016

Last sale price $190,000 $317 Per Sq Ft

Est. 433% increase in value since last sale

Current estimated payment $5,825/month

36 Days on Market

About This Lot

As of May 2016

Welcome Fisherman and beach lovers to the FORGOTTEN COAST in North Florida!! Spectacular lot on Alligator Point with a gorgeous bay view! Come see this large build-able bay lot near the marina on Alligator Point. Comes equipped with a 200 foot dock and a 16,000 pound boat lift with Germ Lift Control. Also has power and water. This lot has 100 feet of water frontage and white sandy beach to enjoy! Lot would be a perfect home site for your dream vacation home, or if your interest in a gulf front home already built, please refer to 1665 Alligator Drive for sale MLS#78812. Call agent for more details, this is a very unique sale and has great opportunity for the home buyer to own both gulf and bay sides which is rare and very valuable!

Last Agent to Sell the Property

Carla Williams

Bluewater Realty Group License #3255967 Listed on: 02/15/2016

Last Buyer's Agent

NON MEMBER

Tallahassee Board of REALTORS®

Tallahassee Board of REALTORS®

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,412

Lot Details

  • 0.35 Acre Lot
  • Property Fronts a Bay or Harbor
  • Level Lot

Property Views

  • Bay
  • Gulf

Home Design

  • 600 Sq Ft Home

Location

  • In Flood Plain

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Septic Needed
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 12037-03-07S-02W-1010-0000-0551

Property Details

Property Type

Land

Est. Annual Taxes

$1,412

Lot Details

0.35 Acres

Listing Details

  • Restrictions: Mobile Homes - No, No Further Subdividing
  • Class: Lots And Land
  • Lot: 55
  • Miscellaneous: Street Lights
  • Tax Database Id: 9
  • Tax Item Number: 0307s02w101000000551
  • Type: Lots And Land
  • Category: Recreational/Coastal, Residential
  • Waterfront: Yes
  • L V T Date: 02/17/2016
  • Street Designation: Drive
  • Topography: Flood Plain, Level
  • Comprehensive Land Use: Outside Urban Serv.
  • Development Status: Planned Site
  • List Price per Acre: 568571.43
  • Minimum House Size: 600
  • Options: Build To Suit, Will Not Divide
  • Road Surfacefrontage: Paved
  • Sold Per Acre: 542857.14
  • Utlities Available: Electricity, Public Water, Sewer
  • Directions: 319 South to HWY 98 West, over Ochlockonee bridge to Alligator Dr L, past marina lot on R, Bay side
  • Elementary School: OTHER
  • Geo Longitude: -84.419265
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: Bay
  • View: Bay, Gulf
  • Access: Maint - Govt., Paved
  • Number Of Acres: 0.35

Utilities

  • Water: City, Community System
  • Sewer: None At Present, Septic Tank Required

Lot Info

  • Lot Dimensions: 100x156x100x156
  • Lot Description: Acres-Less Than 1
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-03-07S-02W-1010-0000-0551
  • Annual Taxes: 1412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 20, 2016
Sold by
Shuman Elizabeth G and Smith Gail P
Bought by
Cfs Partners Real Estate Asset Fund Lp
Seller's Agent
Carla Williams
Bluewater Realty Group
Buyer's Agent
NON MEMBER
Tallahassee Board of REALTORS®
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$1,012,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,447
Avg. Annual Appreciation
18.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cfs Partners Real Estate Asset Fund Lp $190,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $190,000 -4.5% $317 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $199,000 -- $332 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

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
2025 $7,321 $739,350 $294,400 $444,950
2024 $7,095 $744,925 $294,400 $450,525
2023 $6,584 $641,545 $294,400 $347,145
2021 $5,770 $488,331 $184,000 $304,331
2020 $5,851 $491,134 $184,000 $307,134
2019 $5,431 $434,018 $184,000 $250,018
2018 $5,156 $378,818 $0 $0
2017 $1,876 $161,216 $0 $0
2016 $1,423 $98,080 $0 $0
2015 $1,470 $100,390 $0 $0
2014 $1,483 $100,390 $0 $0
Source: Public Records

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Map

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

MLS Number: 266118

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

APN: 03-07S-02W-1010-0000-0551

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