NOT LISTED FOR SALE

40 W Bermuda Dr Santa Rosa Beach, FL 32459

Blue Mountain Neighborhood

Estimated Value: $5,903,334

0.21 Acre
$27,845,915 Price per Acre
9,235 Sq Ft Lot

Last Sold July 26, 2013

Last sale price $1,675,000

Est. 252% increase in value since last sale

Current estimated payment $34,030/month

146 Days on Market

Highlights

  • Lake Front
  • Beach
  • Gated Community
  • Bay Elementary School Rated A-
  • Gulf View
  • Community Pool

About This Lot

As of July 2013

Spectacular views of Draper Lake and the Gulf of Mexico! One of the most incredible lots along Highway 30A sits atop a dune in the premier, gated neighborhood of The Retreat. A dock is permitted to be built on this lot as well. This quiet cul-de-sac is the perfect spot for a magnificent dream home! Buyer to pay .5% of the purchase price to St. Joe fund plus a $4,750 Capital Contribution to The Retreat. HOA dues are $4750 annually.

Last Agent to Sell the Property

Blake Morar

Scenic Sotheby's International Realty Brokerage Email: blake@scenicsir.com License #642603 Listed on: 02/22/2013

Scenic Sotheby's International Realty

Last Buyer's Agent

Caroline Wasson

ResortQuest Real Estate Destin

ResortQuest Real Estate Destin

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,633

Lot Details

  • Lot Dimensions are 162x212x34x195
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end

HOA Fees

  • $396 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Listing and Financial Details

  • Assessor Parcel Number 12-3S-20-34700-000-0400

Community Details

Overview

  • Retreat The Subdivision

Recreation

  • Beach
  • Community Pool

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$17,633

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 162X212X34X195
  • Subdivision Name: RETREAT THE
  • Directions: Enter The Retreat neighborhood from Highway 30A (west of County Highway 83). Take your first right onto Bermuda Drive W and follow the road to a cul-de-sac. Lot 40 will be on your right.
  • Attribution Contact: blake@scenicsir.com
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End
  • View: Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Dead End: Yes

Utilities

  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Gated Community, Pool, Separate Storage, Waterfront
  • Association #2 Fee: 4750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 12-3S-20-34700-000-0400
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2012
Sold by
Gilmore Michael D and Gilmore Laura S
Bought by
Gilmore Michael D and Gilmore Laura S
Current Estimated Value
$5,903,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Potter William J and Keene Catherine M
Bought by
Gilmore Michael D and Gilmore Laura S
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
Gilmore Michael D -- Attorney
Gilmore Michael D $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilmore Michael D $500,000
Open Gilmore Michael D $1,940,000
Closed Gilmore Michael D $1,480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $1,675,000 0.0% --
07/18/2013 07/18/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $1,675,000 -- --
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 $17,633 $2,038,259 -- --
2023 $17,633 $1,978,892 $0 $0
2022 $17,451 $1,921,254 $0 $0
2021 $17,691 $1,865,295 $0 $0
2020 $17,991 $2,116,086 $381,211 $1,734,875
2019 $17,487 $1,798,183 $0 $0
2018 $17,224 $1,764,655 $0 $0
2017 $16,762 $1,728,359 $0 $0
2016 $16,569 $1,692,810 $0 $0
2015 $16,713 $1,681,043 $0 $0
2014 $2,647 $285,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Blake Morar

    Scenic Sotheby's International Realty

    (850) 259-5944

    3 in this area

    16 Total Sales

    Blake Morar
    Section Image

  • C

    Buyer's Agent in 2013

    Caroline Wasson

    ResortQuest Real Estate Destin

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 591409

Emerald Coast Association of REALTORS®

APN: 12-3S-20-34700-000-0560

Florida Walton County Santa Rosa Beach 32459 Blue Mountain

40 W Bermuda Dr, Santa Rosa Beach, FL

This home is located at 40 W Bermuda Dr, Santa Rosa Beach, FL 32459 since 22 February 2013 and is currently priced at $5,903,334. 40 W Bermuda Dr is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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