NOT LISTED FOR SALE

228 E Sugar Sand Mexico Beach, FL 32456

Estimated Value: $2,394,247 - $2,671,000

0.2 Acre
$12,970,310 Price per Acre
8,712 Sq Ft Lot

Sale Details

Date Sold: April 1, 2022

Last sale price $430,000

Est. 503% increase in value since last sale

Current estimated payment $14,487 / mo

163 Days on Market

About This Lot

As of April 2022

An oversized 2nd tier lot with unobstructed views that will never go away of the Gulf in the much anticipated and finally a reality - Sugar Sand Subdivision. A New Exclusive Super High End and High Tech SMART Neighborhood that will have such features as 1 Gig internet and other cutting edge technology throughout! Over .2 acres gives lots of room for a wide home and pool/lanai. 1st tier and interior lots can build at least one full story higher than the gulf front homes, therefore having unobstructed gulf/sunset views. Amenities include: private gated access, gulf front community building with gym and resort style pool, palm lined streets, reflective gas lantern lighting, large 15' wide boardwalk with golf cart access to the beach, and the list goes on. All lots in Sugar Sand qualify for up to 90% financing! Call for details!

Last Agent to Sell the Property

Zach Ferrell

NAI Talcor - PSJ License #3102406 Listed on: 06/15/2021

Last Buyer's Agent

Zach Ferrell

NAI Talcor - PSJ License #3102406 Listed on: 06/15/2021

Property Details

Property Type

  • Land

Lot Details

  • 8,712

HOA Fees

  • $208 Monthly HOA Fees

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • 8,712 Sq Ft Lot
  • Gulf Views

Listing and Financial Details

  • Exclusions: 0
  • Assessor Parcel Number 04102300090

Community Details

Overview

  • Sugar Sand Subdivision

Security

  • Controlled Access

Property Details

Property Type

Land

Lot Details

8,712 Sq Ft Lot

HOA Fees

$208 per month

Listing Details

  • Directions: Crossing the Mexico Beach bridge heading west on Hwy 98. Go 1.5 miles and see the new entrance cut into the new subdivision.
  • Inclusions: 0
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.2
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • Subdivision Name: Sugar Sand
  • Special Features: None

Exterior Features

  • Exclusions: 0
  • Lot Features: See Remarks
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No
  • Disclosures: See Remarks

Utilities

  • Utilities: Natural Gas Available, Phone Available, Natural Gas Connected, Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 8712
  • Additional Parcels: No
  • Parcel #: 04102300090
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Apr 1, 2022
Sold by
Zackwill Real Estate Llc
Bought by
Pamela Miresa Bennett Revocable Trust
Seller's Agent
Zach Ferrell
NAI Talcor - PSJ
Buyer's Agent
Zach Ferrell
NAI Talcor - PSJ
List Price
$549,000
Sold Price
$430,000
Premium/Discount to List
-$119,000
-21.68%
Current Estimated Value
$2,594,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,164,062
Avg. Annual Appreciation
56.37%
Original Mortgage
$387,000
Outstanding Balance
$362,752
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$2,231,310

Purchase Details

Listed on
Jun 15, 2021
Closed on
Mar 9, 2022
Sold by
Zackwill Real Estate Llc
Bought by
John Brent Straughan Inc
Seller's Agent
Zach Ferrell
NAI Talcor - PSJ
Buyer's Agent
Zach Ferrell
NAI Talcor - PSJ
List Price
$549,000
Sold Price
$430,000
Premium/Discount to List
-$119,000
-21.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Outstanding Balance
$362,752
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$2,231,310

Purchase Details

Listed on
Dec 30, 2020
Closed on
Mar 31, 2021
Sold by
Farmdale Llc
Bought by
Zachwill Real Estate Llc
Seller's Agent
Zach Ferrell
NAI Talcor - PSJ
Buyer's Agent
Zach Ferrell
NAI Talcor - PSJ
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.57%
Source: Public Records
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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
Pamela Miresa Bennett Revocable Trust $430,000 None Listed On Document
John Brent Straughan Inc $290,600 Denise Hallmon Rowan & Associa
Zachwill Real Estate Llc $280,000 Defender Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pamela Miresa Bennett Revocable Trust $387,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $430,000 -21.7% --
11/26/2021 11/26/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $549,000 +96.1% --
03/31/2021 03/31/21 Sold $280,000 0.0% -- View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $280,000 -- --
Source: Forgotten Coast REALTOR® Association

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
2025 $3,704 $1,824,005 $299,915 $1,524,090
2024 $4,278 $299,915 $299,915 --
2023 $4,278 $341,595 $341,595 $0
2022 $1,742 $150,880 $150,880 $0
2021 $1,768 $148,625 $148,625 $0
2020 $1,734 $148,813 $148,813 $0
2019 $1,525 $127,121 $127,121 $0
2018 $495 $40,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2022

    Zach Ferrell

    NAI Talcor - PSJ

    (850) 527-2330

    48 in this area

    96 Total Sales

    Zach Ferrell
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 308161

Forgotten Coast REALTOR® Association

APN: 04102-300-090

Florida Bay County Mexico Beach 32403

228 E Sugar Sand, Mexico Beach, FL

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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