NOT LISTED FOR SALE

Estimated Value: $470,000

0.23 Acre
$2,043,478 Price per Acre
10,074 Sq Ft Lot

Last Sold July 20, 2021

Last sale price $493,545

Est. 5% decrease in value since last sale

Current estimated payment $2,958/month

38 Days on Market

Highlights

  • Boathouse
  • White Water Ocean Views
  • Dock made with wood
  • 85 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Boat Slip Deeded

About This Lot

As of July 2021

Wide open Views, Deep Water Access...plus a Boat House with NO Bridges. Highly desirable lot directly set back from the Intra-Coastal Waterway offering soaring water views and easy access to the ICW and Gulf of Mexico. Enjoy the very unique and highly sought after covered Boat House which is "grandfathered in" and cannot be duplicated. This lot is ideally located on Bayshore Circle which is a very private section of Palm Island. Build a custom, island home on this remarkable property situated in an AE flood zone (save on insurance) and enjoy all the island has to offer; the laid back lifestyle, phenomenal beaches loaded with shells, sharks-teeth and sunsets to warm your heart. Easy access to and from the island via a short (3 min) car ferry ride...You'll appreciate all the convenience of "mainland living" but without the stress and chaos that comes with it. (55 Bayshore listed next door...a deal could be made for both).

Last Agent to Sell the Property

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856 Listed on: 04/26/2021

PARADISE EXCLUSIVE INC

Last Buyer's Agent

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856 Listed on: 04/26/2021

PARADISE EXCLUSIVE INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,318

Lot Details

  • 10,074 Sq Ft Lot
  • Lot Dimensions are 83x125
  • 85 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Public Beach
  • East Facing Home
  • Level Lot
  • Irregular Lot
  • Property is zoned BBI

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Location

  • In Flood Plain

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 30 / J
  • Assessor Parcel Number 412028352016

Community Details

Overview

  • Palm Island Estates Community
  • Palm Island Estates Unit 3 Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Saltwater Canal
  • No Wake Zone
  • Boat Slip Deeded
  • Boathouse
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$5,318

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10074
  • Directions to Property: 776 and Placida Rd. south on Placida Rd. to Panama Blvd. Car Ferry to Palm Island. Right on Palm Dr. Right on Tarpon Way. Tarpon becomes Bayshore. Agent will assist with island access.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.87353
  • Price per Sq Ft: 48.99
  • Close to Original List Price Ratio: 0.87353
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 53

Exterior Features

  • Direction Faces: East
  • Other Structures: Other
  • Water Body Name: Lemon Bay/Icw
  • Waterfront: Yes
  • Road Surface Type: Limerock
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Public, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Boathouse, Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood, No Wake Zone
  • Water View Y N: Yes
  • Front Footage: 60
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 85
  • Water Frontage Feet Bay Harbor: 85

Garage/Parking

  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 40
  • Association: Yes
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 40
  • Total Monthly Fees: 3.33

Schools

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

Lot Info

  • Zoning: BBI
  • Parcel Number: 412028352016
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Flood Plain, In County, Irregular Lot, Level, Room For Pool
  • Lot Dimensions: 83x125
  • Price Per Acre: 2145848
  • Flood Zone Code: AE
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 5318.5
  • Tax Block: J
  • Tax Book Number: 6-4
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jul 20, 2021
Sold by
Waggoner Timothy R
Bought by
Buhler Jill M and Buhler Gary S
Seller's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
Buyer's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
List Price
$565,000
Sold Price
$493,545
Premium/Discount to List
-$71,455
-12.65%
Current Estimated Value
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,545

Purchase Details

Listed on
Dec 13, 2017
Closed on
May 18, 2018
Sold by
Adler John W and Adler Joann S
Bought by
Waggoner Timothy R
Seller's Agent
Robin Madden
ISLANDER PROPERTIES INC
Buyer's Agent
Michael Smith
ISLANDER PROPERTIES INC
List Price
$369,000
Sold Price
$325,000
Premium/Discount to List
-$44,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.04%
Original Mortgage
$225,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Buhler Jill M $493,600 Sanders Title Company
Buhler Jill M $493,600 Somers Title
Waggoner Timothy R $325,000 Omega Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waggoner Timothy R $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $493,545 -12.6% --
06/03/2021 06/03/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $565,000 +73.8% --
05/18/2018 05/18/18 Sold $325,000 -11.9% -- View Prior Sale
04/11/2018 04/11/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $369,000 -- --
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
2022 $7,366 $371,508 $357,000 $14,508
2021 $5,293 $242,633 $233,750 $8,883
2020 $5,319 $242,519 $233,750 $8,769
2019 $5,368 $242,540 $233,750 $8,790
2018 $4,281 $190,949 $183,430 $7,519
2017 $4,077 $190,103 $183,430 $6,673
2016 $3,983 $179,991 $0 $0
2015 $3,852 $163,628 $0 $0
2014 $3,314 $148,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6118251

Stellar MLS

APN: 412028352016