NOT LISTED FOR SALE

Estimated Value: $69,000 - $462,000

0.48 Acre
$445,517 Price per Acre
20,909 Sq Ft Lot

Last Sold April 15, 2021

Last sale price $90,000

Est. 138% increase in value since last sale

Current estimated payment $1,394/month

214 Days on Market

Highlights

  • Community Beach Access
  • Water Access
  • Oversized Lot
  • Water Views

About This Lot

As of April 2021

PRIVACY, BOATING & BEACH ACCESSIBLE ISLAND BUILDING LOT ON PALM ISLAND. This Over-sized and Ultra-Private building site is located at the north end of "Palm Island" and surrounded by nature at its finest...Old Florida Style. With nearly half an acre to work with, you can build your own tropical oasis the way you've always wanted. From your newly built home, you'll have views of Lemon Bay & the Intracoastal Waterway....Perhaps even the Gulf of Mexico & Stump Pass. "Sabal Palm Point" is a quaint island neighborhood accessible via golf cart which helps you unwind, relax and appreciate your natural surroundings. There is a community dock that provides direct access to the Gulf of Mexico in only a minute (2-3 min max). Utilities are already run past the property (electric, water & sewer) and there are several area builders who specialize in island construction who would be happy to assist you along the way. The island itself is conveniently accessed via a 3 minute car ferry ride and once on island you'll appreciate the lack of commercialism (no traffic, high rises or crowds). Rum Bay Restaurant on island is open 7 days/week for lunch & dinner and we also have a little ice cream shop and trinket shop for souvenirs. This property offers deeded beach access to one of the most pristine beaches in the United States where you can walk for miles in peace collecting seashells & sharks teeth while the dolphins & manatees cruise along the shore. You might even get to experience a mother sea turtle laying eggs or new hatchlings coming into the world!

Last Agent to Sell the Property

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856 Listed on: 08/22/2020

PARADISE EXCLUSIVE INC

Last Buyer's Agent

Vladik Zalevskiy

REALTY ONE GROUP MVP License #3483594

REALTY ONE GROUP MVP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,185

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 97x214
  • Property fronts a private road
  • East Facing Home
  • Oversized Lot
  • Property is zoned BBI

HOA Fees

  • $117 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Private Sewer

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 412020152002

Community Details

Overview

  • Association fees include common area taxes, private road
  • Associationmanager@Palmisland.Com Association, Phone Number (941) 697-4800
  • Sabal Palm Point Community
  • Sabal Palm Point Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Beach Access
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,185

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Private Road
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come
  • Water View: Yes
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20758
  • List Office Head Office Key Nume: 1037924
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: East
  • Water Extras: Yes
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Beach - Public, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Lagoon
  • Water View: Bay/Harbor - Partial
  • Flood Zone Code: AE
  • Water Access: Yes
  • Road Frontage Type: Private Road

Utilities

  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • S W Subdiv Community Name: Sabal Palm Point
  • Community Features: Beach Area, Golf Carts OK, Water Access
  • Monthly HOA Fees: 116.67
  • Association Fee: 1400.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: associationmanager@palmisland.com
  • Phone: 941-697-4800
  • Association: Yes

Fee Information

  • Total Annual Fees: 1400.00
  • Total Monthly Fees: 116.67

Lot Info

  • Price Per Acre: 187500
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: BBI
  • Parcel Number: 412020152002
  • Current Use: Unimproved Land
  • Lot Features: In County, Oversized Lot
  • Lot Dimensions: 97x214
  • Lot Size Square Meters: 1928

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1184.92
  • Tax Book Number: 1-3
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Apr 15, 2021
Sold by
Hosman Stephen L
Bought by
Ribinskas Arturas
Seller's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
Buyer's Agent
Vladik Zalevskiy
REALTY ONE GROUP MVP
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%
Current Estimated Value
$213,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,848
Avg. Annual Appreciation
19.85%

Purchase Details

Closed on
Dec 12, 2013
Sold by
Mannix John and Mannix Cheryl L
Bought by
Hosman Stephen L

Purchase Details

Closed on
Oct 13, 2009
Sold by
Matz John W and Matz Jean C
Bought by
Mannix John and Mannix Cheryl L

Purchase Details

Closed on
Feb 17, 2004
Sold by
Wallace Jerald Louis
Bought by
Matz John W and Matz Jean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
5.87%

Purchase Details

Closed on
Mar 13, 1998
Sold by
Lord Carter U
Bought by
Wallace Jerald Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ribinskas Arturas $90,000 Attorney
Hosman Stephen L $34,000 Attorney
Mannix John $50,000 Msc Title Inc
Matz John W $125,000 --
Wallace Jerald Louis $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matz John W $51,000
Previous Owner Wallace Jerald Louis $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $90,000 -9.9% --
03/24/2021 03/24/21 Pending -- -- --
08/22/2020 08/22/20 For Sale $99,900 -- --
Source: Stellar MLS

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 $1,704 $64,756 $64,756 --
2023 $1,667 $59,206 $0 $0
2022 $1,474 $53,824 $53,824 $0
2021 $1,184 $35,743 $35,743 $0
2020 $1,185 $35,574 $35,574 $0
2019 $1,192 $35,574 $35,574 $0
2018 $1,164 $35,574 $35,574 $0
2017 $934 $35,574 $35,574 $0
2016 $914 $35,574 $0 $0
2015 $889 $33,640 $0 $0
2014 $805 $31,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6113528

Stellar MLS

APN: 412020152002