NOT LISTED FOR SALE

Estimated Value: $232,000 - $701,000

0.25 Acre
$1,611,908 Price per Acre
10,890 Sq Ft Lot

Last Sold February 16, 2018

Last sale price $162,500

Est. 148% increase in value since last sale

Current estimated payment $2,379/month

252 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Water access To Gulf or Ocean
  • No HOA
  • White Water Ocean Views
  • Dock made with wood
  • Level Lot

About This Lot

As of February 2018

Palm Island! Enjoy endless sunsets from this west facing building lot located directly on Kettle Harbor with direct access to the Gulf of Mexico. This exceptional building lot is at the end of a cul de sac on a sandy road, has a dock in place and the beach is just a short golf cart ride away. There isn't much of Old Florida left but this lot will make you feel like you went "back in time".

Last Agent to Sell the Property

Michael Smith

ISLANDER PROPERTIES INC License #3012077 Listed on: 05/03/2017

Last Buyer's Agent

Michael Smith

ISLANDER PROPERTIES INC License #3012077 Listed on: 05/03/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,041

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x125
  • 80 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • The property's road front is unimproved
  • Property fronts a county road
  • East Facing Home
  • Level Lot
  • Property is zoned BBI

Property Views

  • White Water Ocean Views

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 64 / E
  • Assessor Parcel Number 412033426005

Community Details

Overview

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Estates Un 4 Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$2,041

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10800
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.90328
  • Price per Sq Ft: 15.05
  • Close to Original List Price Ratio: 0.90328
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2016
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: County Road
  • View: Water
  • Water Body Name: Kettle Harbor
  • Waterfront: Yes
  • Road Surface Type: Unimproved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Wood
  • Water View Y N: Yes
  • Front Footage: 80
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0356F
  • Road Frontage Ft: 80
  • Waterfront Frontage: 80
  • Water Frontage Feet Bay Harbor: 80

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Sewer: Septic Needed
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: BBI
  • Parcel Number: 412033426005
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Level
  • Lot Dimensions: 80x125
  • Price Per Acre: 650000
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2041
  • Tax Block: E
  • Tax Book Number: 6-4
  • Tax Lot: 64

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Lee Kimberly C and Lee Kimberly S
Bought by
Lee Kimberly S and Lee Kimberly S
Current Estimated Value
$402,977

Purchase Details

Listed on
May 3, 2017
Closed on
Feb 16, 2018
Sold by
Mas David
Bought by
Lee H Greg H and Lee Kimberly C
Seller's Agent
Michael Smith
ISLANDER PROPERTIES INC
Buyer's Agent
Michael Smith
ISLANDER PROPERTIES INC
List Price
$179,900
Sold Price
$162,500
Premium/Discount to List
-$17,400
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Burr Thomas M and Burr Marlene K
Bought by
Mas David

Purchase Details

Closed on
Mar 8, 2002
Sold by
Baumgartner Cary R and Baumgartner Kathryn A
Bought by
Burr Thomas M and Burr Marlene K

Purchase Details

Closed on
Apr 28, 2000
Sold by
Newman Charles W and Newman Diane G
Bought by
Baumgartner Cary R and Baumgartner Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lee Kimberly S -- Accommodation
Lee H Greg H $162,500 Omega Title
Mas David $100,000 Csb Title Services
Burr Thomas M $250,000 --
Baumgartner Cary R $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baumgartner Cary R $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $162,500 -9.7% --
01/11/2018 01/11/18 Pending -- -- --
05/03/2017 05/03/17 For Sale $179,900 -- --
Source: Stellar MLS

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
2025 $2,877 $148,432 $145,656 $2,776
2024 $2,803 $148,795 $145,656 $3,139
2023 $2,803 $135,660 $0 $0
2022 $2,452 $123,327 $120,686 $2,641
2021 $2,165 $103,017 $100,572 $2,445
2020 $2,177 $103,017 $100,572 $2,445
2019 $2,120 $98,716 $96,272 $2,444
2018 $2,012 $96,945 $96,272 $673
2017 $2,016 $96,782 $96,272 $510
2016 $2,041 $96,884 $0 $0
2015 $2,024 $94,384 $0 $0
2014 $1,997 $94,384 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5918332

Stellar MLS

APN: 412033426005