NOT LISTED FOR SALE

1B Palmetto Lake Dr Navarre, FL 32566

Estimated Value: $534,000 - $634,000

0.35 Acre
$1,693,617 Price per Acre
15,246 Sq Ft Lot

Last Sold May 13, 2016

Last sale price $52,000

Est. 1,040% increase in value since last sale

Current estimated payment $3,539/month

291 Days on Market

Highlights

  • Waterfront Community
  • Views of a Sound
  • Gated Community
  • Holley-Navarre Intermediate School Rated A-
  • Fishing
  • Interior Lot

About This Lot

As of May 2016

WATERSIDE COMMUNITY LOT. Located in the upscale gated community of Palmetto Lake Preserve with Mediterranean style homes, underground utilities, community dock with boat slips and more, this over-sized lot is within close proximity to Navarre Beach, Hurlburt Field, shopping and entertainment. Buyer to verify all information to buyers satisfaction including but not limited to lot size, zoning etc.

Last Agent to Sell the Property

Amin Delawalla

Christies International Real Estate Emerald Coast License #3114659 Listed on: 06/16/2015

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Deena Smith

Holley Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $553

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 73' x 215'
  • Interior Lot

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Views of a Sound

Schools

  • Holley-Navarre Elementary And Middle School
  • Navarre High School

Listing and Financial Details

  • Assessor Parcel Number 23-2S-26-3013-00B00-0010

Community Details

Overview

  • Association fees include accounting, management
  • Palmetto Lake Preserve Subdivision

Recreation

  • Waterfront Community
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$553

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.35
  • Lot Size: 73' x 215'
  • Road Surface Type: Paved Road
  • Subdivision Name: PALMETTO LAKE PRESERVE
  • Directions: East on Hwy 98 to Palmetto Lake Preserve Dr., turn South, 1st lot on the right.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Sound2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Interior, Within 1/2 Mile to Water
  • View: Sound
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water, Sewer Available

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Waterfront
  • Association #2 Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management

Schools

  • Elementary School: Holley-Navarre
  • High School: Navarre
  • Middle Or Junior School: Holley-Navarre

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 23-2S-26-3013-00B00-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 552.53
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
May 13, 2016
Sold by
Aiken Florence and Aiken Ben
Bought by
Sutton George Terry and Sutton Debra H
Seller's Agent
Amin Delawalla
Christies International Real Estate Emerald Coast
Buyer's Agent
Deena Smith
Holley Properties
List Price
$52,000
Sold Price
$52,000
Current Estimated Value
$592,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,766
Avg. Annual Appreciation
29.51%
Original Mortgage
$35,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Palmetto Lake Partners Llc
Bought by
Aiken Ben and Aiken Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
6.01%
Mortgage Type
Unknown
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
Sutton George Terry $52,000 Reliable Land Title Corporat
Aiken Ben $76,000 American Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton George Terry $35,000
Previous Owner Aiken Ben $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $52,000 0.0% --
04/02/2016 04/02/16 Pending -- -- --
06/16/2015 06/16/15 For Sale $52,000 -- --
Source: Emerald 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
2024 $3,702 $351,578 -- --
2023 $3,702 $341,338 $0 $0
2022 $3,611 $331,396 $0 $0
2021 $3,592 $321,744 $0 $0
2020 $3,582 $317,302 $0 $0
2019 $3,328 $295,505 $0 $0
2018 $552 $42,000 $0 $0
2017 $564 $42,000 $0 $0
2016 $528 $39,900 $0 $0
2015 $543 $39,900 $0 $0
2014 $553 $39,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 732013

Emerald Coast Association of REALTORS®

APN: 23-2S-26-3013-00B00-0010