$4,500,000
SOLD JUL 16, 2021

492 W Park Place Ave Alys Beach, FL 32461

5 Beds
4.5 Baths
3,136 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$1,435 Per Sq Ft

17 Days on Market

Highlights

  • Gulf View
  • 0.23 Acre Lot
  • Sun or Florida Room
  • Bay Elementary School Rated A-
  • Beach House
  • Living Room

About This Home

As of January 2025

Enjoy 78 feet of UNOBSTRUCTED GULF VIEWS throughout the home and from the private deck. Large lot .23 acres with plenty of room for expansion and addition of pool and/or carriage house. The home features double living space with kitchens and bedrooms on both floors to accommodate family and guests. Owned by same family for 30+ years and never rented. Beach access walkover 50 feet from driveway. This home offers the ultimate privacy as it is prominently located at the end W Park Place Avenue.

Last Agent to Sell the Property

Sam Notte

Rosemary Beach Realty LLC License #3476334 Listed on: 05/28/2021

Co-Listed By

Channing Gardner

Rosemary Beach Realty LLC License #3287231

Last Buyer's Agent

Beau Blankenship

Christies International Real Estate Emerald Coast

Christies International Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1981

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 78x135
  • Street terminates at a dead end

Parking

  • 1 Car Garage
  • Carport
  • Automatic Garage Door Opener

Home Design

  • Beach House

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Sun or Florida Room
  • Gulf Views
  • Fire Sprinkler System

Kitchen

  • Gas Oven or Range
  • <<selfCleaningOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Inlet Beach Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16100-000-1813

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 78x135
  • Co List Office Mls Id: ERMB
  • Co List Office Phone: 850-278-2000
  • Subdivision Name: INLET BEACH
  • Directions: From Hwy 98 Turn South onto S. Orange St, Right onto W Park Place Ave, the house is at the end of the street on right.
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1981
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Sun Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Gas, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Freezer: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Lot Features: Dead End
  • View: Gulf
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Dead End: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Covered
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes

Utilities

  • Utilities: Gas - Natural, Phone, Public Water, Septic Tank, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 36-3S-18-16100-000-1813
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1919.81
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Jan 2, 2025
Sold by
Patrick J Ranzieri Living Trust and Stacey H Ranzieri Living Trust
Bought by
Lippert Jason and Lippert Darla Hernandez
Seller's Agent
Dahler & Co.
Scenic Sotheby's International Realty
Buyer's Agent
Brooke Kromer
Compass
List Price
$5,495,000
Sold Price
$5,250,000
Premium/Discount to List
-$245,000
-4.46%
Views
95
Current Estimated Value
$5,300,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,660
Avg. Annual Appreciation
1.86%

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 19, 2021
Sold by
Harrell Helen Virginia Stapleton and Ronald E Harrell Revocable Tru
Bought by
Ranzieri Patrick J and Ranzieri Stacey H
Seller's Agent
Sam Notte
Rosemary Beach Realty LLC
Buyer's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
List Price
$4,500,000
Sold Price
$4,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$2,700,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2009
Sold by
Harrell Ronald E and Harrell Helen S
Bought by
Stapleton Harrell Ronald E and Stapleton Harrell Helen Virginia
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,250,000 Attorneys Key Title
Warranty Deed $5,250,000 Attorneys Key Title
Warranty Deed $4,500,000 Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,700,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Sold $5,250,000 -4.5% $1,674 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
06/02/2024 06/02/24 For Sale $5,495,000 +22.1% $1,752 / Sq Ft
07/16/2021 07/16/21 Sold $4,500,000 0.0% $1,435 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $4,500,000 -- $1,435 / Sq Ft
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 $29,216 $3,210,784 $2,829,068 $381,716
2023 $29,216 $3,215,308 $2,829,068 $386,240
2022 $28,158 $3,038,358 $2,695,626 $342,732
2021 $1,889 $233,331 $0 $0
2020 $1,920 $1,242,198 $1,006,567 $235,631
2019 $1,858 $224,935 $0 $0
2018 $1,824 $220,741 $0 $0
2017 $1,770 $216,201 $0 $0
2016 $1,743 $211,754 $0 $0
2015 $1,758 $210,282 $0 $0
2014 $1,767 $208,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 872902

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16100-000-1813