NOT LISTED FOR SALE

5917 Gulf Dr Lower Grand Lagoon, FL 32408

9.19 Acres
-- Price per Acre
400,316 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $20,000,000

Highlights

  • Property fronts gulf or ocean
  • J.R. Arnold High School Rated A-
  • 9.19 Acre Lot

About This Lot

As of July 2021

Entered for comp purposes only.
Prime Gulf-front parcel with over 840' of Gulf frontage.

Last Agent to Sell the Property

Hilary & Jacob

Corcoran Reverie SRB Listed on: 12/31/2021

Last Buyer's Agent

Hilary & Jacob

Corcoran Reverie SRB Listed on: 12/31/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $125,819

Lot Details

  • 9.19 Acre Lot
  • Lot Dimensions are 854x469
  • Property fronts gulf or ocean
  • Cleared Lot
  • Property is zoned Commercial, Resid Single

Property Views

  • Gulf Views

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Listing and Financial Details

  • Assessor Parcel Number 30574-000-000

Property Details

Property Type

Land

Est. Annual Taxes

$125,819

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 9.19
  • Lot Size: 854x469
  • Road Frontage Type: City Road
  • Road Surface Type: Paved Road
  • Subdivision Name: NO RECORDED SUBDIVISION
  • Directions: Parcel is located on Thomas Drive in between Watercrest and Regency Towers.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Within 1/2 Mile to Water
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electric, Sewer Available

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 400316.4
  • Parcel #: 30574-000-000
  • Zoning: Commercial, Resid Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 125819.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Thomas Drive Land Company Llc
Bought by
Hff Land Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 26, 2021
Sold by
Gcof Panama City Gulf Front Llc
Bought by
Thomas Drive Land Company Llc

Purchase Details

Closed on
Feb 28, 2013
Sold by
Sa Fl Legacy Llc
Bought by
Gcof Panama City Gulf Front Llc
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
Hff Land Holdings Llc $1,400,000 --
Thomas Drive Land Company Llc $12,000,000 First International Ttl Inc
Gcof Panama City Gulf Front Llc $8,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hff Land Holdings Llc $1,000,000
Previous Owner Thomas Drive Land Company Llc $15,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 For Sale $20,000,000 0.0% --
07/14/2021 07/14/21 Sold $20,000,000 -- --
05/15/2021 05/15/21 Pending -- -- --
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
2021 $139,342 $9,725,483 -- --
2020 $125,819 $11,867,779 $11,785,200 $82,579
2019 $99,227 $8,037,589 $7,955,010 $82,579
2018 $99,573 $7,955,010 $0 $0
2017 $98,001 $7,776,315 $0 $0
2016 $99,825 $7,776,315 $0 $0
2015 $102,630 $7,776,315 $0 $0
2014 $102,500 $7,776,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hilary & Jacob

    Corcoran Reverie SRB

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 888212

Emerald Coast Association of REALTORS®

APN: 30574-000-000

Florida Bay County Lower Grand Lagoon 32408

5917 Gulf Dr, Lower Grand Lagoon, FL

This home is located at 5917 Gulf Dr, Lower Grand Lagoon, FL 32408 since 31 December 2021. 5917 Gulf Dr is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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