NOT LISTED FOR SALE

5335 Mermaid Way Gulf Breeze, FL 32563

Estimated Value: $855,000 - $1,177,405

0.46 Acre
$2,316,524 Price per Acre
20,038 Sq Ft Lot

Last Sold July 20, 2020

Last sale price $195,000

Est. 446% increase in value since last sale

Current estimated payment $5,817/month

3 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Views of a Sound
  • Interior Lot
  • West Navarre Intermediate School Rated A-
  • No HOA

About This Lot

As of July 2020

AMAZING views from this Soundfront land! Come and Build your Dream Home with 365 days of sunrises and sunsets from your own backyard. This lot has some partial clearing. During the winter months you have a sandy beach. Bring your RV & Water Toys and park them on your own property. Easy access to Woodlawn Beach Boat Launch just about a block away. You will be close to shopping & restaurants.

Last Agent to Sell the Property

Lynn Peters

Non Member Office (NABOR) License #sl3084681 Listed on: 06/03/2020

Non Member Office (NABOR)

Last Buyer's Agent

Christina Leavenworth

LEVIN & RINKE RESORT REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,375

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 70 x 290
  • 70 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Home fronts a sound
  • Interior Lot

Property Views

  • Views of a Sound
  • Intracoastal Views

Schools

  • West Navarre Elementary School
  • Woodlawn Beach Middle School
  • Gulf Breeze High School

Utilities

  • No Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 30-2S-27-5930-00300-0060

Property Details

Property Type

Land

Est. Annual Taxes

$1,375

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Vacant Land
  • Legal Description: NEWLY DESCRIBED FOR 2017 WOODLAWN BEACH LOTS 6 & 7 & A PORT OF LOT 5 BLOCK 3 (WHICH THAT PORT OF LOT 5 IN THE DESC TO FOLLOW OVERLAPS & IS INCLD WITH LOT 4 BLK 3 FOR 2017 PER OR 3660 PG 833) ACCORDING TO THE PLAT THEREOF AS REC IN PLAT BOOK A PAGE(S) 43 OF THE PUBLIC RECORDS OF SANTA ROSA COUNTY FLORIDA BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE NORTHWEST CORNER OF LOT 7 BLOCK 3 OF
  • List Type: Exclusive Right of Sale
  • Special Features: None

Exterior Features

  • Lot Features: Interior
  • Waterfront: Intracoastal Wtrwy, Sound
  • Waterfront Frontage: 70
  • Water View: Intracoastal Waterwy, Sound

Utilities

  • Utilities: None

Fee Information

  • Assessment Fees: No
  • New Buyer Fee: No

Schools

  • Elementary School: West Navarre
  • Middle School: Woodlawn Beach
  • High School: Gulf Breeze

Lot Info

  • Acreage: 0.46
  • Lot Dimensions: 70 x 290
  • Assessor Parcel Number: 30-2S-27-5930-00300-0060
  • Zoning: Resid Single Family
  • Lot Access: County Road, Paved Road
  • List Price per Acre: 434782.61

Rental Info

  • Is Subject Leased: No

Tax Info

  • Last Taxes: 1374.94
  • Last Tax Year: 2019

MLS Schools

  • Elementary School: West Navarre
  • High School: Gulf Breeze
  • Middle School: Woodlawn Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 20, 2020
Sold by
Vanbrocklin Andrew and Vanbrocklin Nancy
Bought by
Nolan James F and Nolan Claudia
Seller's Agent
Lynn Peters
Non Member Office (NABOR)
Buyer's Agent
Christina Leavenworth
LEVIN & RINKE RESORT REALTY
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Current Estimated Value
$1,065,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$870,601
Avg. Annual Appreciation
37.94%

Purchase Details

Closed on
Sep 5, 2017
Sold by
Holley Merrel T
Bought by
Vanbrocklin Andrew and Vanbrocklin Nancy

Purchase Details

Closed on
Jul 21, 2006
Sold by
Grubbs William J and Grubbs Jane S
Bought by
Holley Merrel T

Purchase Details

Closed on
Mar 29, 2003
Sold by
Grubbs William J and Grubbs Jane S
Bought by
Holley Merrel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1996
Sold by
Barnett Elizabeth C
Bought by
Grubbs William J and Grubbs Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage
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
Nolan James F $195,000 Attorney
Vanbrocklin Andrew $90,000 Attorney
Holley Merrel T -- None Available
Holley Merrel T $500,000 --
Grubbs William J $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holley Merrel T $400,000
Previous Owner Grubbs William J $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $195,000 -2.5% --
06/06/2020 06/06/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $200,000 -- --
Source: Navarre Area Board 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 $2,416 $899,375 $181,200 $718,175
2023 $2,416 $181,200 $181,200 $0
2022 $2,139 $151,050 $151,050 $0
2021 $2,177 $151,050 $151,050 $0
2020 $1,576 $124,338 $0 $0
2019 $1,375 $102,714 $0 $0
2018 $1,197 $81,795 $0 $0
2017 $1,404 $95,400 $0 $0
2016 $1,578 $106,450 $0 $0
2015 $1,499 $99,353 $0 $0
2014 $1,722 $113,547 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lynn Peters

    Non Member Office (NABOR)

    Section Image

  • C

    Buyer's Agent in 2020

    Christina Leavenworth

    LEVIN & RINKE RESORT REALTY

See All Agents

Map

Source: Navarre Area Board of REALTORS®

MLS Number: 847843

Navarre Area Board of REALTORS®

APN: 30-2S-27-5930-00300-0060

Florida Santa Rosa County Gulf Breeze 32563

5335 Mermaid Way, Gulf Breeze, FL

Not Listed for Sale

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