NOT LISTED FOR SALE

1924 Coral Reef Rd East Point, FL 32328

Estimated Value: $1,227,000 - $1,623,006

0.63 Acre
$2,247,639 Price per Acre
27,617 Sq Ft Lot

Last Sold December 08, 2021

Last sale price $1,300,000

Est. 10% increase in value since last sale

Current estimated payment $8,639/month

Highlights

  • Airport or Runway
  • Property fronts gulf or ocean
  • Oak Trees
  • Beach
  • Fitness Center
  • Gated Community

About This Lot

As of December 2021

Beautiful beachfront lot in St. George Island Plantation! Moderate dune structure with sea oats on the beach side of the lot. Lovely sand oaks on the sides of the property offering privacy from the neighboring homes. Just three streets from the community pool and clubhouse. St. George Plantation Owner's Association offers 24/7 security staff with a gate and guardhouse, a community clubhouse, fitness center, conference room, a private airstrip, a swimming pool, three tennis courts, private beaches, miles of paved bike and walking paths, twenty-six boardwalks for direct beach access, maintenance staff maintains the common areas, roads, boardwalks as well as other amenities.

Last Agent to Sell the Property

Nonmember Nonmember

Nonmember Office Listed on: 10/24/2021

Last Buyer's Agent

Shelley Shepard

Berkshire Hathaway HomeServices - SGI License #3103181

Berkshire Hathaway HomeServices - SGI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,134

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 100 x 276
  • Property fronts gulf or ocean
  • Palmetto Ground Covering
  • Oak Trees
  • Grass Covered Lot

HOA Fees

  • $129 Monthly HOA Fees

Additional Features

  • Gulf Views
  • Flood Insurance May Be Required
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2909S06W733300000030

Community Details

Overview

  • Association fees include recreational facilities, management, reserve fund, security
  • Treasure Beach Village Subdivision
  • The community has rules related to covenants

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,134

Lot Details

0

HOA Fees

$129 per month

Listing Details

  • Directions: From Plantation gate go approx. 2.5 miles, turn left on Coral, at dead end turn left on Coral Reef, lot is on the right.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.634
  • Lot Size: 100 x 276
  • Road Surface Type: Paved
  • Subdivision Name: Treasure Beach Village
  • Special Features: None

Exterior Features

  • Lot Features: Covenants/Restrictions, Flood Insurance Required
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: CC&R

Utilities

  • Sewer: Aerobic Needed
  • Utilities: Electricity Available, Underground Utilities, Water Available
  • Security: Security Gate & Roving Only

Condo/Co-op/Association

  • Association Fee: 1551
  • Community Features: Airport/Runway, Fitness Center, Tennis Court(s), Pool, Beach, Clubhouse, Gated, Pickle Ball Court
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Recreational Facilities, Management, Reserve Fund, Security

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 27617.04
  • Additional Parcels: No
  • Parcel #: 2909S06W733300000030
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Parker Miles S and Parker Blaine E
Bought by
Puppetfong St George Island 1924 Llc
Current Estimated Value
$1,425,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,181,294
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
-$756,291

Purchase Details

Listed on
Oct 24, 2021
Closed on
Dec 8, 2021
Sold by
Brooke Fox R
Bought by
Parker Miles S and Parker Blaine E
Seller's Agent
Nonmember Nonmember
Nonmember Office
Buyer's Agent
Shelley Shepard
Berkshire Hathaway HomeServices - SGI
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$780,000
Interest Rate
3.09%
Mortgage Type
New Conventional
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
Puppetfong St George Island 1924 Llc $100 --
Parker Miles S $1,300,000 Manausa Shaw & Minacci Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puppetfong St George Island 1924 Llc $2,250,000
Previous Owner Parker Miles S $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2021 12/08/21 Sold $1,300,000 0.0% --
12/07/2021 12/07/21 Sold $1,300,000 -7.1% -- View Prior Sale
10/24/2021 10/24/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $1,400,000 0.0% --
06/22/2021 06/22/21 For Sale $1,400,000 -- --
Source: Forgotten Coast REALTOR® Association

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 $11,720 $1,250,000 $1,250,000 --
2023 $10,126 $1,100,000 $1,100,000 $0
2022 $9,013 $900,000 $900,000 $0
2021 $7,134 $675,000 $675,000 $0
2020 $7,311 $650,000 $650,000 $0
2019 $7,337 $635,000 $635,000 $0
2018 $7,788 $635,000 $0 $0
2017 $7,756 $635,000 $0 $0
2016 $7,689 $635,000 $0 $0
2015 $7,055 $580,000 $0 $0
2014 $6,761 $550,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 309611

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7333-0000-0030