NOT LISTED FOR SALE

2645 State Road 207 Elkton, FL 32033

Estimated Value: $8,011,657

35.9 Acres
$223,166 Price per Acre
1,563,804 Sq Ft Lot

Last Sold June 22, 2022

Last sale price $8,200,000

Est. 2% decrease in value since last sale

Current estimated payment $50,054/month

251 Days on Market

About This Lot

As of June 2022

Great Vacant land with right turn in frontage on SR 207, just off Interstate 95 - THE GATEWAY TO ST AUGUSTINE. Approximately 35.90 acres in three tracts all adjoining. Perfect for truck stop, warehouses, flex-warehouses, manufacturing, distribution, residential re-development or office. Room for that plus hotels or other commercial businesses. Survey and Wetland information upon request. Great Ingress and Egress. Prime frontage on SR-207 just a few hundred feet from Interstate 95. Property can exit to a Trucking Lane designed for the Light Industrial/Warehouse Park that is north of the property. Parcel ID's for the 3 tracts are: 1363870000, 1365300000, & 1365500000. Property could be developed into rental housing, multi-family and other uses.

Last Agent to Sell the Property

Thomas Hammond

COLDWELL BANKER VANGUARD REALTY License #3336763 Listed on: 07/22/2021

COLDWELL BANKER VANGUARD REALTY

Co-Listed By

Nancy Hammond

COLDWELL BANKER VANGUARD REALTY License #3385318

Last Buyer's Agent

NON MLS

NON MLS (realMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $76,814

Lot Details

  • 35.9 Acre Lot
  • Irregular Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1363870000

Property Details

Property Type

Land

Est. Annual Taxes

$76,814

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 35.9
  • Road Surface Type: Asphalt
  • Subdivision Name: Metes & Bounds
  • General Property Information Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Acres: 35.9
  • Utilities Electricity Available: Yes
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Lot Features: Irregular Lot
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Industrial, Residential
  • Lot Size Sq Ft: 1563804.0
  • Parcel #: 1363870000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Jun 22, 2022
Sold by
Kinjac Corporation
Bought by
H3 St Augustine Llc
Seller's Agent
Thomas Hammond
COLDWELL BANKER VANGUARD REALTY
Buyer's Agent
NON MLS
NON MLS (realMLS)
List Price
$6,750,000
Sold Price
$8,200,000
Premium/Discount to List
$1,450,000
21.48%
Current Estimated Value
$8,011,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,343
Avg. Annual Appreciation
-0.81%
Original Mortgage
$8,200,000
Outstanding Balance
$7,858,963
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$132,271

Purchase Details

Closed on
Jan 19, 2021
Sold by
Walton Accommodations 23 Llc
Bought by
The Kinjac Corporation

Purchase Details

Closed on
May 14, 2019
Sold by
Fountain Partners Llc
Bought by
Walton Accommondation 23 Llc

Purchase Details

Closed on
Dec 9, 2015
Sold by
Fountain Partners Llc
Bought by
Victor Llc

Purchase Details

Closed on
Oct 9, 2013
Sold by
Fountain Partners Llc
Bought by
Gcp Fcdc Llc
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
H3 St Augustine Llc $8,200,000 Hathaway & Reynolds Pllc
The Kinjac Corporation -- Accommodation
Walton Accommondation 23 Llc $1,318,365 Watson Ttl Svcs Of North Fl
Victor Llc $550,000 Attorney
Gcp Fcdc Llc $10,237,200 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H3 St Augustine Llc $8,200,000
Closed Gcp Fcdc Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $8,200,000 +21.5% --
03/31/2022 03/31/22 Pending -- -- --
07/22/2021 07/22/21 For Sale $6,750,000 +1700.0% --
02/26/2019 02/26/19 Sold $375,000 -5.1% --
05/03/2018 05/03/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $395,000 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $76,814 $6,051,433 $6,051,433 --
2024 $76,814 $6,051,433 $6,051,433 --
2023 $76,814 $6,051,433 $6,051,433 $0
2022 $13,918 $1,087,568 $1,087,568 $0
2021 $14,340 $1,089,840 $0 $0
2020 $14,325 $1,075,913 $0 $0
2019 $2,180 $156,193 $0 $0
2018 $2,193 $155,270 $0 $0
2017 $4,261 $295,908 $0 $0
2016 $4,362 $295,908 $0 $0
2015 $12,929 $857,581 $0 $0
2014 $13,100 $857,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1121938

realMLS (Northeast Florida Multiple Listing Service)

APN: 136387-0000