NOT LISTED FOR SALE

4366 Ocean Shore Blvd Palm Coast, FL 32137

Estimated Value: $765,000

1.7 Acres
$450,000 Price per Acre
74,052 Sq Ft Lot

Last Sold August 12, 2013

Last sale price $200,000

Est. 282% increase in value since last sale

Current estimated payment $4,364/month

437 Days on Market

Highlights

  • Waterfront
  • 1.7 Acre Lot
  • Heating Available
  • Old Kings Elementary School Rated A-
  • No HOA

About This Lot

As of August 2013

BANK OWNED. This parcel used to be THE ORANGE STAND on 1.7 acres, over 74,000 SF FT offers endless possibilities. High traffic area directly on A1A. The property was previously being developed for a 2 story medical building. The building on this property has been leveled and is being turned over with the parking area and the building slab in place.

Last Agent to Sell the Property

Pamela Capela

RE/MAX SELECT PROFESSIONALS License #3195780 Listed on: 05/10/2012

RE/MAX SELECT PROFESSIONALS

Last Buyer's Agent

Jerry Masiello

LANDMARK REALTY OF FLORIDA License #3013016

Property Details

Property Type

  • Land

Lot Details

  • 1.7 Acre Lot
  • Waterfront
  • Property fronts a state road
  • East Facing Home
  • Property is zoned R/C COMMERCIAL

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 38-11-31-0000-02123-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.7
  • Directions to Property: East on Palm Coast Pkwy to left on A1A
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.94967
  • Close to Original List Price Ratio: 0.47226
  • View: No
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 4366

Exterior Features

  • Direction Faces: East
  • Other Structures: Other
  • Road Frontage Type: State Road, Other
  • Waterfront: Yes
  • Road Surface Type: Paved

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R/C COMMERCIAL
  • Parcel Number: 38-11-31-0000-02123-0000
  • Current Use: Commercial
  • Fencing: Other
  • Price Per Acre: 117647
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5645.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2018
Sold by
Lacy Benjamin W and Lacy Benjamin W
Bought by
Lacy Benjamin W and Benjamin W Lacy V
Current Estimated Value
$765,000

Purchase Details

Listed on
May 10, 2012
Closed on
Aug 12, 2013
Sold by
Hancock Bank
Bought by
Lacy Benjamin W and Benjamin W Lacy V
Seller's Agent
Pamela Capela
RE/MAX SELECT PROFESSIONALS
Buyer's Agent
Jerry Masiello
LANDMARK REALTY OF FLORIDA
List Price
$423,500
Sold Price
$200,000
Premium/Discount to List
-$223,500
-52.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Apr 6, 2010
Sold by
Hammock Cove Development Llc
Bought by
Hancock Bank

Purchase Details

Closed on
Jul 22, 2005
Sold by
Hammock Dunes Executive Center Inc
Bought by
Hammock Cove Development Llc

Purchase Details

Closed on
Jan 10, 2003
Sold by
Myers Rosemary
Bought by
Hammock Dunes Executive Cntr Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Lacy Benjamin W -- Attorney
Lacy Benjamin W $200,000 None Available
Hancock Bank -- None Available
Hammock Cove Development Llc $1,200,000 --
Hammock Dunes Executive Cntr Inc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammock Dunes Executive Cntr Inc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2013 08/12/13 Sold $200,000 -52.8% --
07/18/2013 07/18/13 Pending -- -- --
05/07/2012 05/07/12 For Sale $423,500 -- --
Source: Stellar MLS

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 $3,699 $407,286 $407,286 --
2023 $3,699 $259,182 $259,182 $0
2022 $3,674 $259,182 $259,182 $0
2021 $3,687 $262,985 $259,182 $3,803
2020 $3,271 $216,811 $213,008 $3,803
2019 $3,323 $217,123 $213,008 $4,115
2018 $3,403 $217,123 $213,008 $4,115
2017 $3,435 $217,441 $213,008 $4,433
2016 $3,510 $217,441 $0 $0
2015 $3,543 $217,441 $0 $0
2014 $3,605 $217,441 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC188614

Stellar MLS

APN: 38-11-31-0000-02123-0000