NOT LISTED FOR SALE

448 Captains Cir Destin, FL 32541

Estimated Value: $1,940,000 - $2,592,000

0.84 Acre
$2,783,769 Price per Acre
36,590 Sq Ft Lot

Last Sold March 15, 2016

Last sale price $410,000

Est. 470% increase in value since last sale

Current estimated payment $13,476/month

256 Days on Market

Highlights

  • Boat Dock
  • Golf Course Community
  • Fishing
  • Destin Elementary School Rated A-
  • Property fronts a bayou
  • Bay View

About This Lot

As of March 2016

This premium lot offers 135 feet of waterfront on the bayou in Regatta Bay as well as a fantastic dock and retaining wall, both of which are already in place. The dock is built to last with fiberglas composite decking. It offers plenty of space to accommodate most boats with a 12 foot wide by 30 foot deep slip. Measuring in at .84 acres, this lot is exceptionally large and would allow for almost any style of custom home to be built upon it. Regatta Bay is an established neighborhood with many amenities that include not only an exceptional golf course but playground, neighborhood pool and tennis courts as well.

Last Agent to Sell the Property

Patrick Geiger

Scenic Sotheby's International Realty Listed on: 06/11/2015

Last Buyer's Agent

Morgan Wilson

Century 21 Hill Minger Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,547

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 90x332x135x323
  • Property fronts a bayou

HOA Fees

  • $153 Monthly HOA Fees

Property Views

  • Bay
  • Lake
  • Bayou

Schools

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

Utilities

  • Gas Available
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0110

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, management, recreational faclty, repairs/maintenance, security
  • Regatta Bay Ph 1 Subdivision

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$11,547

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.84
  • Lot Size: 90X332X135X323
  • Road Surface Type: Paved Road
  • Subdivision Name: REGATTA BAY PH 1
  • Directions: After entering Regatta Bay take your second right onto Commodore Point. Follow Commodore Point until you reach Captains Circle, take a right and the property will be on your left.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Paid: Yes
  • Waterview:Bay2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Bayou: Yes
  • Waterview:Bayou2: Yes
  • Special Features: None

Exterior Features

  • View: Lake, Bayou, Bay
  • Waterfront Features: Bayou
  • Waterfront: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Gated Community, Golf, Playground, Pool, Tennis
  • Association #2 Fee: 460.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Management, Recreational Faclty, Repairs/Maintenance, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 36590.4
  • Parcel #: 00-2S-22-0515-0000-0110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Mar 15, 2016
Sold by
Gks Holdings Llc
Bought by
Decaro Joseph L and Decaro Alison J
Seller's Agent
Patrick Geiger
Scenic Sotheby's International Realty
Buyer's Agent
Morgan Wilson
Century 21 Hill Minger Agency
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$2,338,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,928,366
Avg. Annual Appreciation
19.84%

Purchase Details

Closed on
Nov 18, 2010
Sold by
Branch Banking & Trust Company
Bought by
Gks Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2010
Sold by
Flynn William A
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Oct 5, 2006
Sold by
Flynn William A
Bought by
Flynn William A and William A Flynn Trust

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
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2006
Sold by
Flynn William A
Bought by
Flynn William A

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
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Flynn William A
Bought by
Flynn William A and The William A Flynn Trust

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
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Flynn Dorothy V
Bought by
Flynn William A

Purchase Details

Closed on
Apr 28, 2000
Sold by
Matthews Frank L
Bought by
Flynn William A and Flynn Dorothy V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
8.5%
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
Decaro Joseph L $410,000 Old South Land Title Company
Gks Holdings Llc $330,000 Bridge Trust Title Group
Branch Banking & Trust Company $250,000 Attorney
Flynn William A -- None Available
Flynn William A -- Landcastle Title Llc
Flynn William A -- Attorney
Flynn William A $40,000 --
Flynn William A $248,000 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gks Holdings Llc $180,000
Previous Owner Flynn William A $200,000
Previous Owner Flynn William A $198,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2023 04/30/23 Off Market $410,000 -- --
03/15/2016 03/15/16 Sold $410,000 0.0% --
02/22/2016 02/22/16 Pending -- -- --
06/11/2015 06/11/15 For Sale $410,000 -- --
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 $11,547 $1,162,246 -- --
2023 $11,547 $1,128,394 $0 $0
2022 $11,309 $1,095,528 $0 $0
2021 $11,346 $1,063,619 $0 $0
2020 $11,279 $1,048,934 $0 $0
2019 $11,187 $1,025,351 $0 $0
2018 $11,122 $1,006,233 $0 $0
2017 $4,021 $342,081 $0 $0
2016 $3,731 $319,597 $0 $0
2015 $3,634 $301,627 $0 $0
2014 $3,692 $302,409 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 613716

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0110