$1,300,000
SOLD JUN 29, 2020

40 Whispering Wind Way Santa Rosa Beach, FL 32459

0.64 Acre
$2,031,250 Price per Acre
27,878 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

239 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Gated Community

About This Lot

As of August 2024

Property is under contract with a kick-out clause in place. Seller accepting back up offers. Unparalleled privacy juxtaposed rich naturalistic surroundings characterize this premier legacy homesite primely located in one of the most exclusive, gated communities along 30A, Bannerman Beach. Bannerman is a boutique neighborhood with only 14 total homesites strategically positioned between Big Redfish Lake and Grayton Beach State Park offering exceptional insulation as a private enclave with unrivaled deeded beach access and premium estate-sized lots which start at half an acre per site allowing for optimal quality of life while still yielding excellent proximity to Seaside, Watercolor and Grayton Beach 40 Whispering Wind Way is the only land offering in Bannerman Beach, yielding an impressive estate-sized legacy homesite totaling .64 acres with ample future development opportunity including potential for extraordinary gulf and lake view corridors with an impressive vertical footprint of 50' and spacious boundary proportions to accommodate almost any desired amenity for a coastal retreat. This homesite has been cleared and prepped for immediate construction with building plans available for review. This prime location in Bannerman Beach allows for quick access to the newly completed private beach walkover which is exclusive to Bannerman Homeowner's as well as a central location anchored on the west end of 30A with close proximity to Grayton Beach, Watercolor & Seaside as well as all of the world class shopping, dining and entertainment that South Walton and 30A have to offer.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 08/23/2019

Last Buyer's Agent

CJ and Mike Team

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,002

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 191.6 x 130.48 x 25.04 x 166.97 x 115.41
  • Property fronts a private road
  • Cleared Lot

HOA Fees

  • $250 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 07-3S-19-25000-004-0050

Community Details

Overview

  • Association fees include ground keeping, security
  • Bannerman Beach Estates Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Beach
  • Fishing
  • Deeded access to the beach

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,002

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.64
  • Lot Size: 191.6 x 130.48 x 25.04 x 166.97 x 115.41
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel/Oyster Shell
  • Subdivision Name: BANNERMAN BEACH ESTATES
  • Directions: South of Highway 30A, between Highways 283 & 83, just West of Grayton Beach. Once you go through the gate, you will take a right and follow it to the home.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, 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
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Fishing, Gated Community, No Rental, Waterfront
  • Association #2 Fee: 3000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 27878.4
  • Parcel #: 07-3S-19-25000-004-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8001.86
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 4, 2024
Sold by
Garrett Bobby
Bought by
Bobby Wayne Garrett Revocable Trust and Garrett
Seller's Agent
Spears Group
Compass
Buyer's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
List Price
$8,995,000
Sold Price
$7,900,000
Premium/Discount to List
-$1,095,000
-12.17%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.95%

Purchase Details

Listed on
Jun 17, 2024
Closed on
Aug 9, 2024
Sold by
Thomas Sand Dunes Llc
Bought by
Garrett Bobby
Seller's Agent
Spears Group
Compass
Buyer's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
List Price
$8,995,000
Sold Price
$7,900,000
Premium/Discount to List
-$1,095,000
-12.17%
Views
20

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jun 29, 2020
Sold by
Bannerman Beach Holdings Llc
Bought by
Thomas Sand Dunes Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
CJ and Mike Team
Scenic Sotheby's International Realty
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.96%
Original Mortgage
$845,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 28, 2018
Closed on
Jul 30, 2018
Sold by
Tate Dlaton A and Tate Donna M
Bought by
Bannerman Beach Holdings Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Spears Group
Scenic Sotheby's International Realty
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.79%
Original Mortgage
$1,328,695
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 30, 2017
Sold by
Amalfi Coast Development Inc
Bought by
Amalfi Coast Resort Owner S Associatio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.88%

Purchase Details

Listed on
Sep 17, 2012
Closed on
Feb 22, 2013
Sold by
Dollar Roy Gunby and Powell Jo Ann
Bought by
Tate Dalton A and Tate Donna M
Seller's Agent
Larry Davis
Davis Properties Of Nw Fl
Buyer's Agent
Barbara Lovell
Berkshire Hathaway HomeServices
List Price
$791,000
Sold Price
$791,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.05%

Purchase Details

Closed on
May 27, 2004
Sold by
Voith Dennis P and Voith Nancy R
Bought by
Dollar Roy Gunby and Powell Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 14, 2004
Sold by
Moye Carrie Nelle
Bought by
Voith Dennis A and Voith Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 11, 2000
Sold by
Wannemacher David E and Hutcheson Karen
Bought by
Voith Dennis A and Voith Nancy R
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $7,900,000 Aqua Title Services
Warranty Deed $1,300,000 Setco Services Llc
Warranty Deed $1,400,000 Aqua Title Svcs
Deed -- --
Warranty Deed $791,000 Mcneese Title Llc
Warranty Deed $1,100,000 A Preferred Title
Warranty Deed -- A Preferred Title
Warranty Deed $690,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,300,000 New Conventional
Previous Owner $845,000 New Conventional
Previous Owner $845,000 Future Advance Clause Open End Mortgage
Previous Owner $1,328,695 Construction
Previous Owner $1,120,000 Adjustable Rate Mortgage/ARM
Previous Owner -- No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,106,799 New Conventional
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $11,990,000 +51.8% $1,889 / Sq Ft
08/09/2024 08/09/24 Sold $7,900,000 -12.2% $1,245 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $8,995,000 +591.9% $1,417 / Sq Ft
06/29/2020 06/29/20 Sold $1,300,000 0.0% $238 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $1,300,000 -7.1% $238 / Sq Ft
07/30/2018 07/30/18 Sold $1,400,000 0.0% $347 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $1,400,000 +77.0% $347 / Sq Ft
02/22/2013 02/22/13 Sold $791,000 0.0% $165 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $791,000 -- $165 / Sq Ft
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 $11,028 $4,444,679 $1,400,000 $3,044,679
2023 $11,028 $1,213,653 $1,213,653 $0
2022 $12,236 $1,347,155 $1,347,155 $0
2021 $11,406 $1,178,303 $1,178,303 $0
2020 $12,693 $1,271,514 $1,271,514 $0
2019 $12,413 $1,249,937 $1,234,437 $15,500
2018 $8,002 $839,815 $0 $0
2017 $7,784 $822,542 $0 $0
2016 $7,691 $805,624 $0 $0
2015 $7,758 $800,024 $0 $0
2014 $7,353 $713,281 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 829984

Emerald Coast Association of REALTORS®

APN: 07-3S-19-25000-004-0050