NOT LISTED FOR SALE

474 Captains Cir Destin, FL 32541

Estimated Value: $3,912,000 - $4,726,000

0.54 Acre
$7,997,452 Price per Acre
23,522 Sq Ft Lot

Last Sold October 05, 2012

Last sale price $638,500

Est. 576% increase in value since last sale

Current estimated payment $24,706/month

570 Days on Market

Highlights

  • Golf Course Community
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Destin Elementary School Rated A-
  • Fishing
  • 0.54 Acre Lot

About This Lot

As of October 2012

Gorgeous Bay Front Lot Situated Along the Choctawhatchee Bay in Regatta Bay. This Luxurious Gated Community is Located in the Heart of Destin and is Nestled on Nearly 120 Acres of Pristine Woodlands and 28 Acres of Lakes. Regatta Bay Offers a Championship Golf Course, Tennis Courts, Pool, Playground, Walking & Jogging Trails, and Clubhouse with Rutherford's 465 Restaurant. All This Located Just Minutes Away From the Beach, Lie Legendary Marina, Destin Commons, Dining, Shopping, Movie Theater, and So Much More!

Last Agent to Sell the Property

Meghan Hall

Keller Williams Realty SRB License #3186166 Listed on: 03/15/2011

Keller Williams Realty SRB

Co-Listed By

John Cook

Coldwell Banker Realty License #3011599

Last Buyer's Agent

Lynette Campbell

The Realty Firm Inc License #3040733

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 222x104x215x104
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • Additional Land

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Bay Views

Schools

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

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0270

Community Details

Overview

  • Association fees include accounting, insurance, management, utilities, recreational faclty, security
  • Regatta Bay Ph 2 Subdivision

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.54
  • Lot Size: 222X104X215X104
  • Road Frontage Type: City Road
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: ECU2
  • Co List Office Phone: 850-650-4563
  • Subdivision Name: REGATTA BAY PH 2
  • Directions: Hwy 98 (East of Mid-Bay Bridge) to Regatta Bay ~ Enter Through Gate, Turn Right on Commodore Point Road (first stop sign), Third Right Onto Captains Circle, Lot is one the Right, Located on The Bay.
  • Remarks Misc:Remarks: Gorgeous Bay Front Lot Situated Along the Choctawhatchee Bay in Regatta Bay. This Luxurious Gated Community is Located in the Heart of Destin and is Nestled on Nearly 120 Acres of Pristine Woodlands and 28 Acres of Lakes. Regatta Bay Offers a Championship Golf Course, Tennis Courts, Pool, Playground, Walking & Jogging Trails, and Clubhouse with Rutherford's 465 Restaurant. All This Located Just Minutes Away From the Beach, Lie Legendary Marina, Destin Commons, Dining, Shopping, Movie Theater, and So Much More!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Addl Land Available, Aerials/Topo Availbl, Cleared, Restrictions, Within 1/2 Mile to Water, See Remarks
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:See Remarks6: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Addl Land Available: Yes
  • Lot Features:AerialsTopo Availbl: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Room, Fishing, Gated Community, Golf, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront, Whirlpool, Owners Pets Allowed
  • Association #2 Fee: 550.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Management, Other Utilities, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 23522.4
  • Parcel #: 00-2S-22-0515-0000-0270
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2016
Sold by
Gulf South Coating System Llc
Bought by
Redmore James M and Redmore Dana G
Current Estimated Value
$4,318,624

Purchase Details

Listed on
Mar 15, 2011
Closed on
Oct 3, 2012
Sold by
Jdk Properties
Bought by
Gulf South Coating Systems Llc
Seller's Agent
Meghan Hall
Keller Williams Realty SRB
Buyer's Agent
Lynette Campbell
The Realty Firm Inc
List Price
$638,500
Sold Price
$638,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.43%
Original Mortgage
$478,875
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2008
Sold by
Heidepriem Phillip
Bought by
Jdk Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Clausel James C
Bought by
Heidepriem Philip

Purchase Details

Closed on
Jun 27, 2003
Sold by
Richardson Charles T and Richardson Lisa Saul
Bought by
Clausel James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 10, 2002
Sold by
Kennedy Thomas G and Kennedy Suzanne L
Bought by
Richardson Charles T

Purchase Details

Closed on
Aug 23, 2000
Sold by
Commodore Point Dev Inc
Bought by
Kennedy Thomas G and Kennedy Suzanne L

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
8.07%
Source: Public Records
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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
Redmore James M $821,800 Mcneese Title Llc
Gulf South Coating Systems Llc $638,500 Attorney
Jdk Properties $800,000 Mcneese Title Llc
Heidepriem Philip $975,000 Mcneese Title Llc
Clausel James E $550,000 --
Richardson Charles T $460,000 --
Kennedy Thomas G $489,900 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gulf South Coating Systems Llc $478,875
Previous Owner Jdk Properties $600,000
Previous Owner Clausel James E $540,000
Previous Owner Kennedy Thomas G $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2012 10/05/12 Sold $638,500 0.0% --
10/05/2012 10/05/12 Pending -- -- --
03/15/2011 03/15/11 For Sale $638,500 -- --
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
2025 $25,162 $2,430,181 -- --
2024 $23,979 $2,361,692 -- --
2023 $23,979 $2,292,905 $0 $0
2022 $23,500 $2,226,121 $0 $0
2021 $23,588 $2,161,283 $0 $0
2020 $23,454 $2,131,443 $0 $0
2019 $23,273 $2,083,522 $0 $0
2018 $23,139 $2,043,958 $0 $0
2017 $23,106 $2,001,918 $0 $0
2016 $6,446 $552,222 $0 $0
2015 $6,277 $521,050 $0 $0
2014 $6,378 $522,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 554142

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0270