NOT LISTED FOR SALE

374 Grassy Cove Destin, FL 32541

Destin Area

Estimated Value: $1,050,000 - $1,358,818

0.24 Acres
$5,263,354 Price per Acre
10,454 Sq Ft Lot

Sale Details

Date Sold: October 29, 2018

Last sale price $225,000

Est. 461% increase in value since last sale

Current estimated payment $7,736 / mo

280 Days on Market

Highlights

  • Waterfront Community
  • Golf Course Community
  • Fitness Center
  • Destin Elementary School Rated A-
  • Community Stables
  • Fishing

About This Lot

As of October 2018

Phenomenal home site located in the exclusive gated golf community of Kelly Plantation! This lot is located within walking distance to the golf club and owner's amenity center. Kelly Plantation is one of Destin's most elite subdivisions, and comprises 900 acres that include an 18 hole championship golf course designed by Fred Couples that features 7000 yards
of greens along miles of bay front shoreline, ponds, and lakes is the centerpiece of the community. Other community features include 24 hour security, community pool, playground, dog park, fitness center, clubhouse, tennis courts, basketball courts, and miles walking/jogging trails. The gorgeous white sand beaches are just a mile away. Come live this luxury lifestyle in paradise. Seller has Kelly Plantation approved plans for this lo for a two story, 3282 square foot home that he will convey at closing if contract is at or close to list price only. Seller is a local builder, can also build the house for buyer if desired. Buyer to verify all information.

Last Agent to Sell the Property

Shaun Roberts

The Premier Property Group License #3080685 Listed on: 11/22/2017

Co-Listed By

Grady Elder

The Premier Property Group License #655589

Last Buyer's Agent

Erin Martin

The Premier Property Group License #3094130

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,114

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 35x163x59x154x44
  • Property fronts an easement
  • Coastal Barrier Zone

HOA Fees

  • $240 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 00-2S-22-5115-0000-0260

Community Details

Overview

  • Association fees include management, master, recreational faclty, security
  • Kelly Plantation S/D Subdivision
  • The community has rules related to covenants

Recreation

  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Exercise Course
  • Community Pool
  • Fishing
  • Community Stables

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,114

Lot Details

10,454 Sq Ft Lot

HOA Fees

$240 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Lot Size: 35x163x59x154x44
  • Road Frontage Type: Easement
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: ETP6
  • Co List Office Phone: 850-337-1555
  • Subdivision Name: KELLY PLANTATION S/D
  • Directions: Enter Kelly Plantation and follow Kelly Plantation Drive to the Owners Club. Turn left across from Owners Club onto Terrapin Trace (Club Commons) and follow around to the right to Grassy Cove, turn right. Look for sign.
  • Remarks Misc:Remarks: Phenomenal home site located in the exclusive gated golf community of Kelly Plantation! This lot is located within walking distance to the golf club and owner's amenity center. Kelly Plantation is one of Destin's most elite subdivisions, and comprises 900 acres that include an 18 hole championship golf course designed by Fred Couples that features 7000 yards of greens along miles of bay front shoreline, ponds, and lakes is the centerpiece of the community. Other community features include 24 hour security, community pool, playground, dog park, fitness center, clubhouse, tennis courts, basketball courts, and miles walking/jogging trails. The gorgeous white sand beaches are just a mile away. Come live this luxury lifestyle in paradise. Seller has Kelly Plantation approved plans for this lo
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Community Water: Yes
  • Special Features: None

Exterior Features

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

Utilities

  • Utilities: Community Sewer, Community Water, Electric, Public Sewer

Condo/Co-op/Association

  • Community Features: Exercise Room, Fishing, Gated Community, Golf, Minimum Rental Prd, Pets Allowed, Picnic Area, Playground, Pool, Stables, Tennis, Waterfront
  • Association #2 Fee: 720.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Management, Master Association, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 00-2S-22-5115-0000-0260
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 1114.32
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Bought by
Current Estimated Value
$1,263,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,200
Outstanding Balance
$575,018
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$688,187

Purchase Details

Listed on
Nov 22, 2017
Closed on
Oct 29, 2018
Sold by
Bought by
Seller's Agent
Shaun Roberts
The Premier Property Group
Buyer's Agent
Erin Martin
The Premier Property Group
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.69%
Original Mortgage
$460,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 9, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Destin, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$829,000 Attorney
$225,000 Attorney
$135,000 Attorney
$115,000 Cotton Land Title Llc
$90,000 None Available
-- None Available
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $663,200
Previous Owner $460,000
Previous Owner $108,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $225,000 0.0% --
08/29/2018 08/29/18 Pending -- -- --
11/22/2017 11/22/17 For Sale $225,000 -- --
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,805 $684,688
2024 $6,473 $665,392
2023 $6,473 $646,012 $0 $0
2022 $6,020 $597,806 $0 $0
2021 $6,037 $580,394 $171,360 $409,034
2020 $6,004 $536,283 $163,200 $373,083
2019 $1,855 $163,200 $163,200 $0
2018 $1,472 $127,693 $0 $0
2017 $1,499 $132,600 $0 $0
2016 $1,284 $110,000 $0 $0
2015 $1,114 $92,500 $0 $0
2014 $855 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 764670

Emerald Coast Association of REALTORS®

APN: 00-2S-22-5115-0000-0260

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