NOT LISTED FOR SALE

292-Vacant Pompano Inlet Beach, FL 32461

Estimated Value: $5,462,000 - $8,283,000

0.33 Acre
$20,642,752 Price per Acre
14,375 Sq Ft Lot

Last Sold April 10, 2015

Last sale price $975,000

Est. 599% increase in value since last sale

Current estimated payment $41,339/month

24 Days on Market

Highlights

  • Gulf View
  • 0.33 Acre Lot
  • Level Lot
  • Bay Elementary School Rated A-
  • Wooded Lot

About This Lot

As of April 2015

What a find! Large gulf view lot with no HOA or build out. This large lot is just steps to the beach and there is ample room for your beach house, pool and a guest cottage. Very close to the newest shopping mecca in the 30A area. Great location and an easy bike ride to Alys Beach, Seacrest Beach and Rosemary Beach.

Last Agent to Sell the Property

Andy Wiggins

The Beach Group Properties LLC License #3076380 Listed on: 01/22/2015

Last Buyer's Agent

Bobby Johnson

EXP Realty LLC License #3022399

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $50,668

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 78x182
  • Property fronts a county road
  • Property fronts an easement
  • Level Lot
  • Wooded Lot

Property Views

  • Gulf Views

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Water Tap or Transfer Fee
  • Phone Available
  • Cable TV Available

Community Details

  • Inlet Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$50,668

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Lot Size: 78x182
  • Road Frontage Type: County Road, Easement
  • Road Surface Type: Paved Road
  • Subdivision Name: INLET BEACH
  • Directions: Highway 98 East to Inlet Beach turn South on Wall Street, continue 2 blocks, right on Pompano Street, lot on the right. Sign is in front of the lot
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Tap Fee Due: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level, Survey Available, Within 1/2 Mile to Water, Wooded
  • View: Gulf
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Electric, Phone, Public Water, Sewer Available, Tap Fee Due, TV Cable
  • Utility: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: TBD
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Palmer Mary Carol and Mary Carol Palmer Revocable Tr
Bought by
Palmer Liza A and Palmer Jack M
Current Estimated Value
$6,812,108

Purchase Details

Closed on
Jan 26, 2021
Sold by
Palmer Mary Carol
Bought by
Palmer Mary Carol and The Mary Carol Palmer Revocable Trust

Purchase Details

Closed on
Oct 21, 2020
Sold by
Hollett Glenn D and Hollett Maria E
Bought by
Palmer Mary Carol

Purchase Details

Closed on
May 22, 2017
Sold by
292 Pompano Investments Llc
Bought by
Hollett Glenn D and Hollett Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 2015
Sold by
Hmc Development Llc
Bought by
Hmc Development Llc

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 10, 2015
Sold by
Mcgehee Clark H and Credit Shelter Trust
Bought by
Hmc Development Llc
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Bobby Johnson
EXP Realty LLC
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.83%
Original Mortgage
$731,250
Interest Rate
3.84%

Purchase Details

Closed on
Jan 13, 2003
Sold by
Venable Susan Mcgehee and Mcgehee Mary C
Bought by
Mcgehee Coleman H and Mcgehee Susan H

Purchase Details

Closed on
Dec 23, 2002
Sold by
Venable Susan Mcgehee and Mcgehee Mary C
Bought by
Mcgehee Coleman H and Mcgehee Susan H
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
Palmer Liza A -- Accommodation
Palmer Mary Carol -- Accommodation
Palmer Mary Carol $5,100,000 Coastal Title And Escrow
Hollett Glenn D $4,450,000 Aqua Title Services
Hmc Development Llc -- Attorney
Hmc Development Llc $975,000 None Available
292 Pompano Investments Llc $975,000 None Available
Mcgehee Coleman H -- --
Mcgehee Coleman H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollett Glenn D $1,700,000
Previous Owner 292 Pompano Investments Llc $731,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $975,000 0.0% --
02/15/2015 02/15/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $975,000 -- --
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 $50,668 $5,591,393 $2,003,236 $3,588,157
2023 $50,668 $5,562,949 $0 $0
2022 $46,867 $5,057,226 $1,908,823 $3,148,403
2021 $34,836 $3,598,897 $1,100,224 $2,498,673
2020 $24,244 $2,428,680 $1,006,567 $1,422,113
2019 $22,734 $2,357,066 $977,250 $1,379,816
2018 $20,121 $2,017,980 $0 $0
2017 $4,083 $437,500 $437,500 $0
2016 $3,502 $350,000 $0 $0
2015 $3,094 $343,804 $0 $0
2014 -- $320,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 721527

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16100-000-1360