NOT LISTED FOR SALE

56 Formby St Freeport, FL 32439

Estimated Value: $73,933

0.18 Acre
$410,739 Price per Acre
7,841 Sq Ft Lot

Last Sold August 01, 2024

Last sale price $76,500

Est. 3% decrease in value since last sale

Current estimated payment $414/month

278 Days on Market

About This Lot

As of August 2024

@@@ Seller will Finance with $60,000 Down! CLEARED, SURVEYED, LEVEL + CITY WATER AND SEWER TAPPED. Juvenile oaks and palmettos remain ready for you to add your floor plan, Tiny House, or other structure. Gorgeous lot on quiet street about 760 feet from the water's edge of the Choctawhatchee Bay and Pitts Bayshore Public Park (directly due south). You'll enjoy fast access to the bay (with access to the Gulf of Mexico) plus proximity to necessary amenities including Publix and new commercial shopping plaza about 6 minutes away. Live Oak Landing RV park is two blocks SE and includes both RV sites plus rental ready 1BR Tiny Homes for your overflow guests. THE GULF OF MEXICO + WHITE SAND BEACHES ARE 17 MINUTES AWAY.

Last Agent to Sell the Property

Evan Dickson

Keller Williams Realty SRB License #3369397 Listed on: 09/23/2023

Keller Williams Realty SRB

Last Buyer's Agent

Deana Grau

Keller Williams Realty Destin License #3314497

Keller Williams Realty Destin

Property Details

Property Type

  • Land

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 160
  • Interior Lot
  • Level Lot
  • Cleared Lot

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Water Tap Fee Is Paid

Community Details

  • Pitts Bay Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-2S-19-24080-00F-0150

Property Details

Property Type

Land

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.18
  • Lot Size: 50 x 160
  • Subdivision Name: PITTS BAY SHORE
  • Directions: 31 NORTH TURN RIGHT ON CTY RD 3280 AND RIGHT ON MCDANIEL'S FISHCAMP RD (EXXON ON THE CORNER) THEN RIGHT ON PITTS BAYSHORE DR AND RIGHT ONTO FORMBY; LOT IS DOWN AHEAD ON YOUR RIGHT.
  • Remarks Misc:Remarks: @@@ Seller will Finance with $60,000 Down! CLEARED, SURVEYED, LEVEL + CITY WATER AND SEWER TAPPED. Juvenile oaks and palmettos remain ready for you to add your floor plan, Tiny House, or other structure. Gorgeous lot on quiet street about 760 feet from the water's edge of the Choctawhatchee Bay and Pitts Bayshore Public Park (directly due south). You'll enjoy fast access to the bay (with access to the Gulf of Mexico) plus proximity to necessary amenities including Publix and new commercial shopping plaza about 6 minutes away. Live Oak Landing RV park is two blocks SE and includes both RV sites plus rental ready 1BR Tiny Homes for your overflow guests. THE GULF OF MEXICO + WHITE SAND BEACHES ARE 17 MINUTES AWAY.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Paid: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Interior, Level, Survey Available, Within 1/2 Mile to Water
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Paid

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 02-2S-19-24080-00F-0150
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Aug 1, 2024
Sold by
Burch Sabra Kay
Bought by
Oldroyd Thomas and Oldroyd Brenda K
Seller's Agent
Evan Dickson
Keller Williams Realty SRB
Buyer's Agent
Deana Grau
Keller Williams Realty Destin
List Price
$129,000
Sold Price
$76,500
Premium/Discount to List
-$52,500
-40.7%
Views
51
Current Estimated Value
$73,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,567
Avg. Annual Appreciation
-2.14%
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
Oldroyd Thomas $76,500 Mcneese Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold $76,500 -3.3% --
06/27/2024 06/27/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $79,135 -2.7% --
04/24/2024 04/24/24 Price Changed $81,357 -8.6% --
03/29/2024 03/29/24 Price Changed $89,000 -3.3% --
02/21/2024 02/21/24 Price Changed $92,000 -7.0% --
12/16/2023 12/16/23 Price Changed $98,900 -2.9% --
11/27/2023 11/27/23 Price Changed $101,900 -6.4% --
11/03/2023 11/03/23 Price Changed $108,900 -0.1% --
10/11/2023 10/11/23 Price Changed $109,000 -15.5% --
09/23/2023 09/23/23 For Sale $129,000 -- --
Source: Emerald Coast Association of REALTORS®

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 $412 $50,000 $50,000 --
2024 $443 $10,000 $10,000 --
2023 $443 $53,250 $53,250 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 932957

Emerald Coast Association of REALTORS®

APN: 02-2S-19-24080-00F-0150

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