NOT LISTED FOR SALE

1992 Highway 98 W Carrabelle, FL 32322

Estimated Value: $904,000 - $2,011,000

5 Beds
4 Baths
2,878 Sq Ft
$518/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $1,990,000 $691 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $8,802/month

9 Days on Market

Highlights

  • Beach Front
  • Boat Lift
  • Heated In Ground Pool
  • Docks
  • Boat Slip
  • 3-minute walk to Carrabelle Park

About This Home

As of May 2024

Exquisite Carrabelle Gulf-Front Sanctuary! This picturesque gated enclave nestles privately on 1.6 acres with 228' of deep water beach frontage. Truly a Private Water-World Resort! A meticulously planned covered boat dock with 18,000 lb boat lift, 2 jet-ski lifts, fish cleaning sink and mooring for 3rd vessel offers rare deep water access straight to Gulf of Mexico open waters. Enjoy starlit evenings and sunny days from tiled lounging areas surrounding the spectacular heated/cooled waterfront pool and outdoor kitchen. Fish the private lake or stroll the sand to Carrabelle Beach. Built in 2023, this architectural beauty epitomizes timeless elegance and modern convenience. Strategically sited to capture panoramic sunrise and sunset views. Guests are welcomed by a cool, neutral dcor providing an elegant coastal ambiance. Natural light fills the tastefully appointed living area, amplified by a soaring vaulted ceiling and window wall opening to an expansive screened waterfront porch. Quartz countertops, white cabinetry with Baldwin knobs, and premium stainless appliances with gas range make the kitchen a delightful place to prepare and share meals. The Grand Master suite is graced with vaulted beamed ceiling and ship-lap finish; the modern ensuite bath has separate vanities, heated flooring, coffered ceiling and walk-in closet. 2 additional Master BRs are finished with coffered ceilings and ensuite baths with heated flooring. BR 4 with built-in bunkbeds is adjacent to a 4th full bath. 5th sleeping space in 2nd floor loft. An elevator conveniently placed for unloading vehicles is weather protected. Security surveillance, custom lighting, temperature control, electronics and pool lighting/temperature managed remotely via smart home systems. Solid construction with LVT flooring, Hardi type siding/underpinning, storm impact windows, trex exterior stairs/decking, standing seam metal roof and sturdy rip-rap seawall. This second home is offered turn-key furnished.

Last Agent to Sell the Property

Pandora Schlitt

Naumann Group Real Estate, Inc. - SGI Brokerage Phone: 8507991230 License #684688 Listed on: 03/23/2024

Last Buyer's Agent

Deanna Blalock

St George Island Realty, LLC License #3580090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,325

Year Built

  • Built in 2023

Lot Details

  • 1.63 Acre Lot
  • Home fronts a pond
  • Beach Front
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Property fronts a highway
  • Partially Fenced Property
  • Landscaped
  • Wooded Lot

Property Views

  • Bay
  • Gulf
  • Pond

Home Design

  • Custom Home
  • Concrete Foundation
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 2,878 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Drapes & Rods
  • Great Room
  • Combination Dining and Living Room
  • Loft
  • Screened Porch
  • Engineered Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dressing Area
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking
  • RV Access or Parking
  • Golf Cart Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Riparian rights to water flowing past the property
  • Rip-Rap
  • Boat Lift
  • Boat Slip
  • Docks
  • Covered Deck
  • Patio
  • Outdoor Kitchen
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Propane
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 3607S05W000000200000

Community Details

Overview

  • No Home Owners Association
  • Built by Pitman

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,325

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Attribution Contact: 8507991230
  • Directions: Heading West from Carrabelle Beach, 3rd home on the left. White gated entry.
  • Inclusions: All contents
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 1.63
  • Lot Size: IRR
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Custom
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2023
  • NAV22_Room4Name: Screened Porch
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Dining/Living Combo
  • NAV22_Room7Name: Master Bath
  • NAV22_Room13Name: Master Bedroom
  • NAV22_Room2Name: Loft
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Deck/Patio
  • NAV22_Room1Name: Great Room
  • NAV22_Room15Name: Master Bath
  • NAV22_Room5Name: Master Bedroom
  • NAV22_Room11Name: Master Bath
  • NAV22_Room9Name: Master Bedroom
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Range Hood, Refrigerator w/Ice Maker, Electric Oven, Gas Oven
  • Furnished: Furnished
  • Interior Amenities: Open Floorplan, Split Bedroom, Breakfast Bar, Ceiling Treyed/Coffered, Vaulted Ceiling(s), Elevator, Kitchen Island, Pantry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Engineered
  • Living Area: 2878
  • Window Features: Plantation Shutters, Window Treatments
  • Master Bedroom Features: Cathedral Ceiling(s), Drapes
  • Master Bathroom Features: Double Vanity, Dressing Area, Shower Only, Tile Counters, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Barbecue, Boat Lift, Boat Slip, Dock, Riparian Rights, Shore Beach, Shore Rip Rap, Outdoor Shower
  • Lot Features: Landscaped, Aerials/Topo Available, Boating Access, Survey Available, Unrecorded Subdivision, Wooded
  • Other Structures: Outdoor Kitchen
  • Roof: Metal, Standing Seam
  • Fencing: Partial
  • Pool Features: Heated, In Ground, Gunite/Concrete, Other
  • Pool Private: Yes
  • View: Water, Bay, Gulf, Pond
  • View: Yes
  • Waterfront Features: Bay, Gulf, Waterfront, Pond
  • Waterfront: Yes
  • Builder Name: Pitman
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings, Pre-Stressed Concrete
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch, Front Porch, Deck, Patio, Screened
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart-Covered, Oversized, RV Access/Parking, Under House With Pad
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Electric, Computer Controlled, Zoned, Ceiling Fan(s)
  • Heating: Central Electric, Zoned
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Phone Available, Propane, Sewer Connected, Underground Utilities, Water Connected, Private Trash
  • Security: Computer Controlled Security System, Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 71002.8
  • Additional Parcels: No
  • Parcel #: 3607S05W000000200000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
May 1, 2024
Sold by
Pitman Page William and Pitman Dana Marie
Bought by
4 Beaches Llc
Seller's Agent
Pandora Schlitt
Naumann Group Real Estate, Inc. - SGI
Buyer's Agent
Deanna Blalock
St George Island Realty, LLC
List Price
$2,090,000
Sold Price
$1,990,000
Premium/Discount to List
-$100,000
-4.78%
Views
17
Current Estimated Value
$1,490,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$499,044
Avg. Annual Appreciation
-19.65%
Original Mortgage
$500,000
Outstanding Balance
$492,618
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$998,338

Purchase Details

Listed on
Nov 18, 2021
Closed on
Mar 11, 2022
Sold by
Lesley Martin
Bought by
Pitman Page William and Pitman Dana Marie
Seller's Agent
Jereme Neill
Harbor Realty, LLC
Buyer's Agent
Jason Naumann
Naumann Group Real Estate
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.21%
Original Mortgage
$650,000
Interest Rate
2.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2001
Sold by
Mccurry Morris H and Mccurry Yon K
Bought by
Lesley Martin

Purchase Details

Closed on
Nov 21, 2000
Sold by
Mccurry Morris H and Mccurry Yon K
Bought by
Paul Osterbye and Paul Lorna
Source: Public Records

Range of Values:

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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
4 Beaches Llc $1,990,000 None Listed On Document
Pitman Page William -- Smith W Crit
Lesley Martin $166,000 --
Paul Osterbye $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4 Beaches Llc $500,000
Previous Owner Pitman Page William $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $1,990,000 -4.8% $691 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $2,090,000 +543.1% $726 / Sq Ft
03/11/2022 03/11/22 Sold $325,000 -13.3% --
01/26/2022 01/26/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $375,000 -- --
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 $8,325 $939,840 $312,000 $627,840
2023 $1,880 $191,880 $191,880 $0
2021 $1,304 $140,400 $140,400 $0
2020 $1,333 $140,400 $140,400 $0
2019 $1,316 $140,400 $140,400 $0
2018 $1,524 $169,911 $0 $0
2017 $1,415 $161,280 $0 $0
2016 $1,356 $161,280 $0 $0
2015 $739 $60,000 $0 $0
2014 $746 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 316980

Forgotten Coast REALTOR® Association

APN: 36-07S-05W-0000-0020-0000