NOT LISTED FOR SALE

Estimated Value: $3,921,000 - $4,321,000

0.16 Acre
$25,270,131 Price per Acre
6,970 Sq Ft Lot

Last Sold September 30, 2016

Last sale price $702,000

Est. 476% increase in value since last sale

Current estimated payment $24,195/month

175 Days on Market

Highlights

  • Beach
  • Fishing
  • Gated Community
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Community Pool

About This Lot

As of September 2016

What a deal - a beautiful lot located in the coveted WaterSound Bridges Peninsula neighborhood! You won't find a more perfect place to build your beach house - WaterSound is an exclusive gated community on the south side of 30-A featuring stunning dunes and pathways leading to one mile of the world's most beautiful beaches. Relax and enjoy all of the amenities including pool with Dunesider Grill, Yacht Pond, tennis, and fitness center. If you are looking for an opportunity to start construction immediately, there are approved architectural plans available for purchase also. Please call today for more details!

Last Agent to Sell the Property

Hilary Farnum-Fasth

Corcoran Reverie SRB License #662303 Listed on: 03/18/2016

Corcoran Reverie SRB

Co-Listed By

Chad Farnum

Beachy Beach Destin LLC

Last Buyer's Agent

Hilary Farnum

Legendary Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,444

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 69x115x73x117

HOA Fees

  • $370 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 21-3S-18-16201-000-0230

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty, security, trash
  • Watersound Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$31,444

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.16
  • Lot Size: 69X115X73X117
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: EBBD
  • Co List Office Phone: 850-460-2734
  • Subdivision Name: WATERSOUND BEACH
  • Directions: From 30A, turn South on Gulf Bridge Lane, take 1st right onto Coast Bridge Lane, then 2nd right onto Gulf Bridge Lane. Lot 23 is 3rd lot on the right. Call for gate code.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Waterview:Lake2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • View: Lake, Gulf
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Exercise Room, Fishing, Gated Community, Pool, Tennis, Waterfront
  • Association #2 Fee: 1110.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Recreational Faclty, Security, Trash

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 21-3S-18-16201-000-0230
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Dd2drake Llc
Bought by
Drake David A and Drake Dana M
Current Estimated Value
$4,043,221

Purchase Details

Closed on
Jun 18, 2021
Sold by
Camp Creek Residential Dev Llc
Bought by
Zielinski Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2021
Sold by
Camp Creek Residential Development Llc
Bought by
Zielinski Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2019
Sold by
Five Boys Llc
Bought by
Dd2drake Llc

Purchase Details

Listed on
Mar 18, 2016
Closed on
Sep 30, 2016
Sold by
Geiger Karen
Bought by
Five Boys Llc
Seller's Agent
Hilary Farnum-Fasth
Corcoran Reverie SRB
Buyer's Agent
Hilary Farnum
Legendary Realty Inc
List Price
$702,000
Sold Price
$702,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.27%

Purchase Details

Listed on
Nov 19, 2013
Closed on
Dec 16, 2013
Sold by
Bartlett Britton and Bartlett Britton A
Bought by
Geiger Karen
Seller's Agent
Kelly Anderson
Compass
Buyer's Agent
Hilary Farnum
Legendary Realty Inc
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Sep 23, 2013
Sold by
Seventeenth Ventures Llc
Bought by
Bartlett Britton

Purchase Details

Closed on
Oct 28, 2012
Sold by
Bartlett Britton
Bought by
Seventeenth Ventures Llc

Purchase Details

Closed on
Oct 11, 2011
Sold by
Armstrong Edward A
Bought by
Bartlett Britton A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
10%
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
Drake David A -- None Listed On Document
Zielinski Mark A $465,000 None Listed On Document
Zielinski Mark A $465,000 None Available
Dd2drake Llc $2,400,000 Attorney
Five Boys Llc $702,000 Attorney
Geiger Karen $515,000 Attorney
Bartlett Britton -- Attorney
Seventeenth Ventures Llc -- Attorney
Bartlett Britton A $160,000 South Walton Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zielinski Mark A $425,000
Previous Owner Zielinski Mark A $425,000
Previous Owner Bartlett Britton A $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2019 06/23/19 Off Market $515,000 -- --
06/23/2019 06/23/19 Off Market $702,000 -- --
09/30/2016 09/30/16 Sold $702,000 0.0% --
09/09/2016 09/09/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $702,000 +36.3% --
12/16/2013 12/16/13 Sold $515,000 0.0% -- View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $515,000 -- --
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 $31,444 $3,460,574 $733,133 $2,727,441
2023 $31,444 $3,460,574 $733,133 $2,727,441
2022 $25,094 $3,232,370 $813,778 $2,418,592
2021 $20,202 $2,141,976 $711,780 $1,430,196
2020 $18,452 $1,848,459 $651,189 $1,197,270
2019 $16,395 $1,651,468 $632,222 $1,019,246
2018 $5,720 $573,652 $0 $0
2017 $5,525 $557,446 $557,446 $0
2016 $5,090 $536,005 $0 $0
2015 $4,428 $435,600 $0 $0
2014 $4,082 $396,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 730318

Emerald Coast Association of REALTORS®

APN: 21-3S-18-16201-000-0230