NOT LISTED FOR SALE

402 Navy Cove Blvd Gulf Breeze, FL 32561

Estimated Value: $1,186,000 - $1,332,811

0.35 Acre
$3,598,303 Price per Acre
15,246 Sq Ft Lot

Last Sold June 25, 2020

Last sale price $875,000

Est. 44% increase in value since last sale

Current estimated payment $7,594/month

37 Days on Market

Highlights

  • Boathouse
  • Docks
  • No HOA
  • Gulf Breeze Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Interior Lot

About This Lot

As of June 2020

Ready for a Waterfront Home in a prime location with fabulous views? This gorgeous lot is on one of the more private Gulf Breeze streets with a canopy of trees shading this neighborhood with both large and new homes. This wonderful lot can be yours! With the huge mature oak and magnolia trees that surround the perimeter on three sides and a panoramic view of Pensacola Bay, the stage is set for a fabulous new construction home. To get you started, there is a 3 system timed irrigation system, pump and well on the north area of the lot to take care of the St Augustine. Take time to view the varied and breathtaking daily sunsets, while overlooking the west end of Deadman’s Island as well as Pensacola Bay. The lot is deep water, (9') complete with a well maintained boathouse and boat lift for a 6,000 lb boat. With the high and dry lot, the view is maximized from west to east. The 12’ seawall was built by Dale’s Marine complete with electricity and water. The center of the lot has been cleared and the stately trees provide shade on three sides. Enjoy the bay and you can take just a short boat ride around Peake’s Point to the Intracoastal Waterway and/or the Gulf. With a bayou and inlet close by, paddle boarding and kayaking are readily available. Its a great location and beautiful lot!

Last Agent to Sell the Property

Mark Lee Team

Levin Rinke Realty Listed on: 05/08/2020

Levin Rinke Realty

Last Buyer's Agent

Sherlyn Waghalter

Berkshire Hathaway Home Services PenFed Realty

Berkshire Hathaway Home Services PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,630

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions: 100
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Interior Lot
  • Cleared Lot

Property Views

  • Bay
  • Canal

Schools

  • Gulf Breeze Elementary And Middle School
  • Gulf Breeze High School

Utilities

  • Gas Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 063S290540054000050

Community Details

Overview

  • No Home Owners Association
  • Casablanca Subdivision

Recreation

  • Boathouse
  • Docks
  • Dock Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$11,630

Lot Details

0

Listing Details

  • Parcel Number: 063S290540054000050
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.35
  • Lot Size: 100'x153'/135'
  • Road Frontage Type: City Street
  • Subdivision Name: Casablanca
  • Directions: From Hwy 98 in Gulf Breeze Proper, West on Fairpoint, Right on Berry Ave, Right on Navy Cove Blvd, Lot is on the Left.
  • Special Features: None

Exterior Features

  • Lot Features: Interior Lot, Cleared
  • View: Bay, Canal, Water
  • View: Yes
  • Waterfront Features: Bay, Canal Front, Waterfront
  • Waterfront: Yes
  • Exterior Features: Dock, Dock With Utilities
  • Other Structures: Boat House With Lift, Boat House With Utilities

Utilities

  • Sewer: Septic Tank
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gulf Breeze
  • High School: Gulf Breeze
  • Middle Or Junior School: Gulf Breeze

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 15246
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 25, 2020
Sold by
Presley M Eugene M and Presley Emogene
Bought by
402 View Llc
Seller's Agent
Mark Lee Team
Levin Rinke Realty
Buyer's Agent
Sherlyn Waghalter
Berkshire Hathaway Home Services PenFed Realty
List Price
$979,000
Sold Price
$875,000
Premium/Discount to List
-$104,000
-10.62%
Current Estimated Value
$1,259,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,406
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Presley M Eugene and Presley Emogene
Bought by
Presley M Eugene and Presley Emogene

Purchase Details

Closed on
Apr 12, 1999
Sold by
Stamps Britton
Bought by
Presley M Eugene and Presley Emogene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.13%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Cronley James D
Bought by
Stamps Britton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.02%
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
402 View Llc $875,000 Emerald Coast Ttl Inc Gulf B
Presley M Eugene -- Attorney
Presley M Eugene $350,000 --
Stamps Britton $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Presley M Eugene $245,000
Previous Owner Stamps Britton $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $875,000 -7.8% --
06/05/2020 06/05/20 Price Changed $949,000 -3.1% --
05/08/2020 05/08/20 For Sale $979,000 -- --
Source: Pensacola 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 $11,630 $899,300 $899,300 --
2023 $11,630 $899,300 $899,300 $0
2022 $10,829 $846,400 $846,400 $0
2021 $9,628 $687,700 $687,700 $0
2020 $7,152 $575,250 $0 $0
2019 $6,843 $575,250 $0 $0
2018 $5,712 $424,800 $0 $0
2017 $5,003 $340,650 $0 $0
2016 $5,091 $340,650 $0 $0
2015 $5,214 $340,650 $0 $0
2014 $5,297 $340,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 571980

Pensacola Association of REALTORS®

APN: 06-3S-29-0540-05400-0050