NOT LISTED FOR SALE

Estimated Value: $105,000 - $302,000

0.31 Acre
$656,452 Price per Acre
13,504 Sq Ft Lot

Last Sold December 15, 2017

Last sale price $125,000

Est. 55% increase in value since last sale

Current estimated payment $1,069/month

1,359 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Deeded Boat Dock
  • No HOA
  • Beach Access
  • Partial Gulf or Ocean Views
  • Oversized Lot

About This Lot

As of December 2017

Looking for the perfect lot to build your long dreamed of Beach Home? Look no further. This ideally located building lot located on Palm Island, a bridgeless barrier island off of Florida's South West Coast, is situated on a deep salt-water canal with no bridges to the Intra-Coastal Waterway and the Gulf of Mexico. Once built, you can even enjoy views of the Gulf from your upper living area and find inspiration in our incredible sunsets. This oversized lot also offers a dock which is already in place...tie up your boat and take a quick jaunt over to our white, sugar-sand beach which stretches for seven miles. It is speckled with sharks teeth, colorful shells and usually only a hand-full of people....it doesn't get any better than this! Palm Island is only a few minutes (literally a 2-3 min. ride on the car ferry) to the mainland yet offers the privacy and exclusivity of tropical retreat world's away. The contiguous lot next door is also for sale...don't miss out on the rare opportunity to own island acreage!

Last Agent to Sell the Property

Courtney Defilippis

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3127856 Listed on: 02/22/2014

PARADISE EXCLUSIVE INC

Co-Listed By

Tom Wagner

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3017649

Last Buyer's Agent

Courtney Defilippis

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3127856 Listed on: 02/22/2014

PARADISE EXCLUSIVE INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,721

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 133.0x102.0
  • 102 Feet of Waterfront
  • Property fronts a saltwater canal
  • West Facing Home
  • Oversized Lot
  • Level Lot
  • Property is zoned RSF3.5

Property Views

  • Partial Bay or Harbor
  • Canal

Location

  • In Flood Plain

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Septic Needed
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / J
  • Assessor Parcel Number 412028355004

Community Details

Overview

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Ests Subdivision

Recreation

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Deeded Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$2,721

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13566
  • Number Of Lots: 1
  • Status: Sold
  • Co List Office Mls Id: MFR281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 9.21
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-698-0303
  • Tax Year: 2016
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: West
  • Home Warranty: No
  • View: Water
  • Water Body Name: ICW
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges
  • Water View: Canal,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 102

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Water Available
  • Sewer: Septic Needed

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: Optional

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412028355004
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Flood Plain/Bottom Land, In County, Level, Oversized Lot, Room For Pool
  • Lot Dimensions: 133.0X102.0
  • Flood Zone Code: VE,AE
  • Future Land Use: 0002
  • State Land Use Code: 0
  • State Property Use Code: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2721
  • Tax Block: J
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Mallett Walter A
Bought by
Walter A Mallett Revocable Living Trust and Mallett
Current Estimated Value
$194,000

Purchase Details

Listed on
Feb 22, 2014
Closed on
Dec 15, 2017
Sold by
Bocilla Islands Conservancy In
Bought by
Mallett Walter A
Seller's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
Buyer's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
List Price
$159,999
Sold Price
$125,000
Premium/Discount to List
-$34,999
-21.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$500,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 22, 2014
Closed on
Dec 14, 2017
Sold by
Bille Michael Jon and The Michael Jon Bille N Revoca
Bought by
Bocilla Island Conservancy Inc
Seller's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
Buyer's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
List Price
$159,999
Sold Price
$125,000
Premium/Discount to List
-$34,999
-21.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Bille Michael Jon
Bought by
Bille Michael Jon and Michael Jon Bille Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walter A Mallett Revocable Living Trust $100 None Listed On Document
Mallett Walter A $50,000 None Listed On Document
Bocilla Islands Conservancy In $205,000 None Listed On Document
Bocilla Island Conservancy Inc $205,000 Attorney
Bille Michael Jon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bocilla Islands Conservancy In $500,000
Previous Owner Bocilla Island Conservancy Inc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $125,000 -21.9% --
11/13/2017 11/13/17 Pending -- -- --
10/06/2016 10/06/16 For Sale $159,999 +28.0% --
10/01/2016 10/01/16 Off Market $125,000 -- --
02/05/2016 02/05/16 For Sale $159,999 +28.0% --
01/23/2016 01/23/16 Off Market $125,000 -- --
02/22/2014 02/22/14 For Sale $159,999 -- --
Source: Stellar MLS

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
2025 $665 $2,465 $2,465 --
2024 $649 $2,465 $2,465 --
2023 $649 $1,646 $0 $0
2022 $575 $2,040 $2,040 $0
2021 $569 $1,360 $1,360 $0
2020 $569 $1,318 $1,318 $0
2019 $568 $1,275 $1,275 $0
2018 $567 $1,275 $1,275 $0
2017 $2,669 $133,723 $133,128 $595
2016 $2,721 $133,842 $0 $0
2015 $2,683 $129,681 $0 $0
2014 $2,642 $128,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5796960

Stellar MLS

APN: 412028355004