$425,000
SOLD OCT 25, 2024
0.34 Acre
$1,250,000 Price per Acre
14,810 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

29% Below List Price

311 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • J.R. Arnold High School Rated A-
  • Concrete Flooring

About This Lot

As of October 2024

>Introducing an exceptional commercial opportunity, strategically located just two blocks away from the bustling Front Beach Road, this .34-acre property offers a prime business space with endless possibilities. Boasting 2200 square feet of meticulously maintained office and storage space, this property features brand-new HVAC, a hot water heater, and a roof installed around 2019, ensuring optimum functionality and energy efficiency.Tailored for the needs of small businesses, including AC repair, plumbing, mini-storage facilities, or piping installation companies, this listing is a rare find. The property comes equipped with a fully functional kitchen, a heated and cooled office area, a full bath, and a spacious indoor storage workshop.With its convenient location and updated amenities, this commercial space provides an ideal setting for entrepreneurs looking to establish or expand their businesses. Currently, the front road is being widened and a curb front being added that will enhance the look and value of the property as well! Don't miss this opportunity to secure a versatile and well-equipped space designed to foster productivity and growth.

Last Agent to Sell the Property

Melissia Pennington

Beachy Beach Real Estate License #SL3383561 Listed on: 10/17/2023

Beachy Beach Real Estate

Last Buyer's Agent

Melissia Pennington

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot
  • Zoning described as Business,Commercial,Industrial,Other - See Remarks

Home Design

  • Slab Foundation
  • Steel Frame
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Concrete Flooring

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,301

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1984
  • Property Sub Type: Business
  • Lot Size Acres: 0.34
  • Subdivision Name: [No Recorded Subdiv]
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Business
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial
  • Flooring: Concrete

Exterior Features

  • Waterfront: No
  • Construction Type: Steel Frame, Vinyl Siding
  • Foundation Details: Slab
  • Roof: Metal

Utilities

  • Utilities: Electricity Available, Phone Available, Septic Available, Water Available
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Zoning Description: Business,Commercial,Industrial,Other - See Remarks

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Oct 25, 2024
Sold by
Alpha Dewatering Of Florida Inc
Bought by
Ss Real Estate Llc
Seller's Agent
Melissia Pennington
Beachy Beach Real Estate
Buyer's Agent
Melissia Pennington
Coldwell Banker Realty
List Price
$599,000
Sold Price
$425,000
Premium/Discount to List
-$174,000
-29.05%
Views
15
Current Estimated Value
$420,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,865
Avg. Annual Appreciation
-1.27%
Original Mortgage
$336,000
Outstanding Balance
$332,975
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
Estimated Equity
$87,160

Purchase Details

Closed on
Nov 19, 2021
Sold by
Nelson Benjamin and Nelson Amber
Bought by
Alpha Dewatering Of Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 10, 2018
Sold by
Bennett Charles R and Woodock Sheryl A
Bought by
Nelson Benjamin and Nelson Amber
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 Type Sale Price Title Company
Warranty Deed $425,000 Defender Title & Escrow
Warranty Deed $200,000 Clear Title & Escrow Llc
Warranty Deed $200,000 New Title Company Name
Warranty Deed $50,000 Ddiamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 Credit Line Revolving
Previous Owner $160,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $425,000 -19.7% $165 / Sq Ft
04/06/2024 04/06/24 Price Changed $529,000 -11.7% $205 / Sq Ft
10/19/2023 10/19/23 For Sale $599,000 -- $233 / Sq Ft
Source: Central Panhandle 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 $2,301 $165,623 $87,774 $77,849
2023 $2,301 $168,074 $87,774 $80,300
2022 $2,187 $171,750 $87,774 $83,976
2021 $1,056 $70,048 $0 $0
2020 $975 $63,680 $54,000 $9,680
2019 $785 $63,680 $54,000 $9,680
2018 $1,065 $69,137 $0 $0
2017 $1,069 $68,989 $0 $0
2016 $1,109 $70,849 $0 $0
2015 $1,135 $70,849 $0 $0
2014 $1,234 $78,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 748070

Central Panhandle Association of REALTORS®

APN: 27879-000-000