NOT LISTED FOR SALE

5740 E Bay Blvd Gulf Breeze, FL 32563

Estimated Value: $566,000 - $967,000

0.54 Acres
$1,422,935 Price per Acre
23,522 Sq Ft Lot

Last Sold October 31, 2016

Last sale price $217,500

Est. 253% increase in value since last sale

Current estimated payment $4,508/month

46 Days on Market

Highlights

  • Home fronts a seawall
  • Bay View
  • No HOA
  • West Navarre Intermediate School Rated A-

About This Lot

As of October 2016

Extraordinary East Bay waterfront home site with a northwest view across six miles of East Bay. Sit on your back porch or dock for sunset celebrations every day. Property has magnolia, pine and waterside oak trees draped in Spanish moss. Attractive modern homes are existing on either side. You are a quick boat ride away from the Yellow River Aquatic Preserve at Blackwater Bay, the Escribano Point Wildlife Management Area, and the Gulf Islands National Seashore. The bay bottom at this shoreline is sandy and water quality in East Bay is very good. Public water and sewer available. Eight-foot wide concrete sidewalk was recently completed by the County and includes paved driveway entry. Seawall of wood and stone was rebuilt in 2013 with new tie-backs and additional limestone. Zoned R1 residential with mobile homes prohibited. No homeowners association. Property elevation of nine feet above water level provides home site above flood zone.

Last Agent to Sell the Property

Darlene Hammond

RE/MAX America's Top Realty Listed on: 08/05/2016

RE/MAX America's Top Realty

Last Buyer's Agent

Angela Ballard

LPT Realty

LPT Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor

Property Views

  • Bay Views

Schools

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

Community Details

  • No Home Owners Association
  • Sandy Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 182S270000001160000

Property Details

Property Type

Land

Lot Details

0.54 Acres

Listing Details

  • Parcel Number: 182S270000001160000
  • Property Type: Land
  • Property Sub Type: Land/Acreage
  • Horses: No
  • Lot Size Acres: 0.54
  • Lot Size: 90x250
  • Subdivision Name: Sandy Cove
  • Directions: Gulf Breeze Pkwy/98 to E Bay Blvd.
  • Special Features: None

Exterior Features

  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay, Waterfront, Block/Seawall
  • Waterfront: Yes

Utilities

  • Utilities: Sewer Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: West Navarre
  • High School: Navarre
  • Middle Or Junior School: Woodlawn Beach

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 31, 2016
Sold by
Tomberlin J Chris and Tomberlin Julie M
Bought by
Picardi Alferd P and Picardi Holly K
Seller's Agent
Darlene Hammond
RE/MAX America's Top Realty
Buyer's Agent
Angela Ballard
LPT Realty
List Price
$240,000
Sold Price
$217,500
Premium/Discount to List
-$22,500
-9.38%
Current Estimated Value
$768,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,885
Avg. Annual Appreciation
14.40%

Purchase Details

Listed on
Jun 6, 2011
Closed on
May 4, 2012
Sold by
Wiest Paul H and Wiest Annie Y
Bought by
Tomberlin J Chris and Tomberlin Julie M
Seller's Agent
Darlene Hammond
RE/MAX America's Top Realty
Buyer's Agent
Darlene Hammond
RE/MAX America's Top Realty
List Price
$175,900
Sold Price
$124,000
Premium/Discount to List
-$51,900
-29.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Apr 30, 2003
Sold by
Deschene Aden R and Deschene Linda L
Bought by
Wiest Paul H and Wiest Annie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.79%

Purchase Details

Closed on
Nov 20, 2002
Sold by
Hurwitz Joel and Hurwitz Malvina
Bought by
Deschene Aden R and Deschene Linda L

Purchase Details

Closed on
Jan 10, 2000
Sold by
Wilder Harrison and Wilder Martha L
Bought by
Hurwitz Joel and Hurwitz Malvina
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
Picardi Alferd P $217,500 None Available
Tomberlin J Chris $124,000 Attorney
Wiest Paul H $210,000 --
Deschene Aden R $200,000 --
Hurwitz Joel $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiest Paul H $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2016 10/31/16 Sold $217,500 -9.4% --
09/17/2016 09/17/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $240,000 +93.5% --
05/04/2012 05/04/12 Sold $124,000 -29.5% -- View Prior Sale
04/04/2012 04/04/12 Pending -- -- --
05/02/2011 05/02/11 For Sale $175,900 -- --
Source: Pensacola 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 $6,119 $530,354 -- --
2024 $6,463 $515,407 -- --
2023 $6,463 $500,395 $0 $0
2022 $6,312 $485,820 $0 $0
2021 $6,224 $471,670 $0 $0
2020 $6,120 $465,158 $0 $0
2019 $5,988 $454,700 $0 $0
2018 $6,347 $433,873 $0 $0
2017 $2,550 $173,340 $0 $0
2016 $1,780 $125,190 $0 $0
2015 $1,627 $110,745 $0 $0
2014 $1,578 $110,745 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 504147

Pensacola Association of REALTORS®

APN: 18-2S-27-0000-00116-0000

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