NOT LISTED FOR SALE

337 Regatta Bay Blvd Destin, FL 32541

Estimated Value: $2,058,000 - $2,339,000

0.94 Acre
$2,330,988 Price per Acre
40,946 Sq Ft Lot

Last Sold December 07, 2012

Last sale price $145,000

Est. 1,411% increase in value since last sale

Current estimated payment $13,059/month

16 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Gated Community
  • Destin Elementary School Rated A-
  • Fishing
  • Community Pool

About This Lot

As of December 2012

This estate sized (.94 acre) lot is located in the award winning, gated, golf course community of Regatta Bay. Over $150,000 of improvements have already been made to this lot which includes a retaining wall, foundation/slab, pool shell, and more. House plans have been approved & are available for the new buyer. The ''ground work'' has already been completed, making this is an awesome opportunity to complete your home with your own finishing touches, thereby cutting your total building time. Regatta Bay is a premiere, gated, golf course community offering a large pool, playground, tennis courts, sidewalks & walking trails. Meet friends at the clubhouse for a round of golf or dine at Rutherford's 465 Restaurant. No need to get on the highway; take your golf cart to Destin Commons, a unique open-air shopping center with a 14-screen movie theater; or head to the Mid-Bay Marina for boating, fishing, & exploring Destin's beautiful Bay, Crab Island & Gulf waters. Build your dream home here and enjoy the Regatta Bay lifestyle.

Last Agent to Sell the Property

Susie Kirkland

LPT Realty LLC License #517349 Listed on: 11/14/2012

LPT Realty LLC

Last Buyer's Agent

Paul Couch

EXP Realty LLC License #3239702

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,111

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 101x410x98x412

HOA Fees

  • $183 Monthly HOA Fees

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2090-0000-0110

Community Details

Overview

  • Regatta Bay Ph 3 Subdivision
  • The community has rules related to covenants

Recreation

  • Marina
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$15,111

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.94
  • Lot Size: 101X410X98X412
  • Road Surface Type: Paved Road
  • Subdivision Name: REGATTA BAY PH 3
  • Directions: Travel east on Hwy 98 to Regatta Bay entrance (just east of Destin Commons/Bass Pro Shop). Enter Regatta Bay Blvd. & pass thru gate. Lot 11 will be on your left before stop sign.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Special Features: None

Exterior Features

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

Utilities

  • Utilities: Phone, Public Sewer, Public Water, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Golf, Marina, Picnic Area, Playground, Pool, Tennis, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 550.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 40946.4
  • Parcel #: 00-2S-22-2090-0000-0110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2013
Sold by
Couch Arthur Paul and Couch Tina M
Bought by
Forty Four Holding Llc
Current Estimated Value
$2,191,129

Purchase Details

Listed on
Nov 14, 2012
Closed on
Dec 7, 2012
Sold by
Vallianatos Vaselike
Bought by
Couch Arthur Paul and Couch Tina M
Seller's Agent
Susie Kirkland
LPT Realty LLC
Buyer's Agent
Paul Couch
EXP Realty LLC
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%

Purchase Details

Listed on
Nov 14, 2012
Closed on
Nov 5, 2012
Sold by
Smartbank
Bought by
Vallianatos Vaselike
Seller's Agent
Susie Kirkland
LPT Realty LLC
Buyer's Agent
Paul Couch
EXP Realty LLC
List Price
$145,000
Sold Price
$145,000

Purchase Details

Closed on
Aug 22, 2012
Sold by
Walker Vincent D
Bought by
Gulfsouth

Purchase Details

Closed on
May 27, 2009
Sold by
Regions Bank
Bought by
Walker Vincent D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2009
Sold by
Gerstner Edward C
Bought by
Regions Bank

Purchase Details

Closed on
Apr 29, 2005
Sold by
Montana Land Co Jaguar Properties Jv
Bought by
Gerstner Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Regatta Destin Llc
Bought by
Montana Land Co Jaguar Properties J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,910
Interest Rate
5.35%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Forty Four Holding Llc $150,000 Attorney
Couch Arthur Paul $145,000 Title Works
Vallianatos Vaselike $90,000 Attorney
Smartbank -- None Available
Gulfsouth $398,100 None Available
Walker Vincent D $145,000 None Available
Regions Bank -- Attorney
Gerstner Edward C $550,000 Mcneese Title Llc
Montana Land Co Jaguar Properties J $239,900 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Vincent D $140,000
Previous Owner Gerstner Edward C $495,000
Previous Owner Montana Land Co Jaguar Properties J $215,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2023 04/30/23 Off Market $145,000 -- --
12/07/2012 12/07/12 Sold $145,000 0.0% --
11/30/2012 11/30/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $145,000 -- --
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 $15,111 $1,635,579 $318,022 $1,317,557
2023 $15,111 $1,586,121 $297,216 $1,288,905
2022 $13,373 $1,349,748 $270,197 $1,079,551
2021 $11,438 $1,030,262 $195,146 $835,116
2020 $10,913 $974,774 $185,853 $788,921
2019 $10,454 $919,543 $130,097 $789,446
2018 $10,205 $885,503 $0 $0
2017 $10,205 $868,304 $0 $0
2016 $9,634 $825,327 $0 $0
2015 $1,138 $94,500 $0 $0
2014 $1,099 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 586819

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2090-0000-0110