NOT LISTED FOR SALE

Estimated Value: $593,000 - $637,000

6 Beds
4 Baths
2,800 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $599,000 $214 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,351/month

82 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Living Room
  • J.R. Arnold High School Rated A-
  • Balcony
  • 1-minute walk to Playground

About This Home

As of September 2024

Currently under contract - Seller will consider backup offers. Welcome to 212 Gulf Lane, where prime location meets investment potential. Nestled just one short block away from the glistening shores of the beach, this property presents a rare opportunity for those seeking to own a piece of paradise.Situated on the serene shores of Lullwater Lake, the property boasts tranquil views and a serene ambiance, perfect for relaxation and unwinding. Whether you're a nature enthusiast or simply enjoy the calming presence of water, this location offers a peaceful retreat from the hustle and bustle of everyday life.This triplex offers versatility and opportunity. With three separate units, there's potential for rental income or even the chance to live in one unit while renovating the others. The fixer-upper aspect allows for customization and personalization to suit your vision and needs. While it may need some work, the investment potential is undeniable.Location is everything, and this property doesn't disappoint. Within walking distance, you'll find the vibrant energy of Pier Park and Russell Fields Pier. Indulge in a leisurely stroll along the pier, take in panoramic views of the Gulf, or explore the myriad of shops, restaurants, and entertainment options that Pier Park has to offer.Whether you're seeking a lucrative investment opportunity or envisioning your dream coastal retreat, 212 Gulf Lane delivers on both fronts. With its unbeatable location, proximity to the beach, and potential for customization, this property is primed to become your own slice of paradise. Don't miss out on the chance to make this fixer-upper your own and capitalize on all that this remarkable location has to offer.

Last Agent to Sell the Property

Rebekah Peterson

Seashore Realty LLC Brokerage Phone: 850-235-4444 Listed on: 05/20/2024

Last Buyer's Agent

Rebekah Peterson

Seashore Realty LLC Brokerage Phone: 850-235-4444 Listed on: 05/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 1960 | Under Construction

Lot Details

  • 6,447 Sq Ft Lot
  • Lot Dimensions are 60 x 108
  • Lake Front

Home Design

  • Triplex
  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Lake Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Studio bedroom
  • 4 Full Bathrooms

Parking

  • Carport
  • No Garage
  • Driveway
  • Additional Parking

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Lakeside By The Gulf Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,867

Year Built

Built in 1960 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.15
  • Lot Size: 60 x 108
  • Road Frontage Type: City Street
  • Subdivision Name: Lakeside By The Gulf
  • Carport Y N: Yes
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Attribution Contact: 850-235-4444
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 2800.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Studio
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Lake
  • View: Yes
  • Waterfront Features: Dock Access, Lake, Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Block, HardiPlank Type, Stucco
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Under Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Additional Parking, Carport, Driveway, No Garage
  • Garage: No

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Lot Size Sq Ft: 6447.0
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 1867.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Sep 18, 2024
Sold by
Gunn Claudia M and Riales Florence Rachel
Bought by
29 Vernon Llc
Seller's Agent
Rebekah Peterson
Seashore Realty LLC
Buyer's Agent
Rebekah Peterson
Seashore Realty LLC
List Price
$599,000
Sold Price
$599,000
Views
26
Current Estimated Value
$610,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,333
Avg. Annual Appreciation
1.70%
Original Mortgage
$602,000
Outstanding Balance
$595,233
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$15,100
Source: Public Records

Range of Values:

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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
29 Vernon Llc $599,000 Clear Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 29 Vernon Llc $602,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2024 09/18/24 Sold $599,000 0.0% $214 / Sq Ft
05/20/2024 05/20/24 For Sale $599,000 -- $214 / 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 $1,867 $153,602 -- --
2023 $1,867 $139,638 $69,526 $70,112
2022 $1,696 $135,679 $65,468 $70,211
2021 $1,708 $132,422 $62,211 $70,211
2020 $1,846 $139,097 $68,886 $70,211
2019 $1,561 $121,944 $51,733 $70,211
2018 $1,629 $125,929 $0 $0
2017 $1,445 $121,614 $0 $0
2016 $1,454 $123,703 $0 $0
2015 $1,499 $123,703 $0 $0
2014 $1,493 $123,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 757413

Central Panhandle Association of REALTORS®

APN: 33735-000-000