NOT LISTED FOR SALE

622 Choctaw Dr Destin, FL 32541

Estimated Value: $2,984,000 - $4,034,131

0.63 Acre
$5,750,863 Price per Acre
27,443 Sq Ft Lot

Last Sold February 18, 2021

Last sale price $940,000

Est. 285% increase in value since last sale

Current estimated payment $21,875/month

22 Days on Market

Highlights

  • Beach
  • Home fronts a seawall
  • Gulf View
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • 0.63 Acre Lot

About This Lot

As of February 2021

One of the largest lots on Holiday Isle. One block to the association owned 100 ft. beach lot and access. Two covered boat slips already in place (avoid impact fees)one 58x20 and 50x15. Water and electricity in place. Oversized corner lot for building your dream home. What more can you ask for. Beach and Boating!!!! Gulf views with a 2 or 3 story home!! Don't let this one get away.

Last Agent to Sell the Property

Erin Treadwell

Mainsail Realty Company License #3030468 Listed on: 12/31/2020

Last Buyer's Agent

Justin Watson

Watson International Realty Inc License #3349601

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,185

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 130x55.78x137.73x149.27x117.34x40x50
  • Home fronts a seawall
  • Home fronts a canal
  • Corner Lot
  • Irregular Lot
  • Property is zoned City, Deed Restrictions,

HOA Fees

  • $22 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor
  • Canal

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Gas Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 00-2S-24-2186-000E-0480

Community Details

Overview

  • Association fees include accounting, legal, management
  • Holiday Isle Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Deeded access to the beach
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$27,185

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.63
  • Lot Size: 130x55.78x137.73x149.27x117.34x40x50
  • Road Frontage Type: City Road
  • Road Surface Type: Paved Road
  • Subdivision Name: HOLIDAY ISLE
  • Directions: From Hwy. 98 turn South on Gulf Shore Dr. Turn right on Moreno Point Rd. Lot will be on the left.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Waterview:Harbor2: Yes
  • Waterview:Canal2: Yes
  • Waterfront:Canal: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Bulkhead/Seawall, Corner, Covenants, Irregular, Restrictions, Within 1/2 Mile to Water
  • View: Harbor, Gulf, Canal
  • Waterfront Features: Canal
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:BulkheadSeawall: Yes
  • Lot Features:Corner: Yes
  • Lot Features:Irregular: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water, Gas Available

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Minimum Rental Prd, Waterfront
  • Association #2 Fee: 260.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Management

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 27442.8
  • Parcel #: 00-2S-24-2186-000E-0480
  • Zoning: City, Deed Restrictions,
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Feb 17, 2021
Sold by
Wachob Derek F
Bought by
Kurtz Jonathan and Kurtz Michelle
Seller's Agent
Erin Treadwell
Mainsail Realty Company
Buyer's Agent
Justin Watson
Watson International Realty Inc
List Price
$940,000
Sold Price
$940,000
Current Estimated Value
$3,623,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,683,044
Avg. Annual Appreciation
33.03%

Purchase Details

Listed on
Dec 31, 2020
Closed on
Dec 29, 2020
Sold by
Teague David K
Bought by
Wacob Derek E and Wacob Irrevocable Trust
Seller's Agent
Erin Treadwell
Mainsail Realty Company
Buyer's Agent
Justin Watson
Watson International Realty Inc
List Price
$940,000
Sold Price
$940,000

Purchase Details

Closed on
Oct 26, 2020
Sold by
Teague John E and Teague Melanie J
Bought by
Teague David K

Purchase Details

Listed on
Jan 5, 2017
Closed on
Jun 12, 2018
Sold by
Moody Horance A and Moody Laura A
Bought by
Teague John E and Teague Melanie J
Seller's Agent
Darryl Shelton
Allied Real Estate Services In
Buyer's Agent
John Paul Somers
ecn.unknownoffice
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.31%
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2003
Sold by
Dempsey Donald H
Bought by
Moody Horace A and Feige Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Kurtz Jonathan $940,000 Mead Law & Title Pllc
Kurtz Jonathan $940,000 New Title Company Name
Wacob Derek E $609,900 Mcgill Escrow & Title
Teague David K $100 Ketchersid William L
Teague John E $600,000 Aqua Title Services
Moody Horace A $610,000 Choctaw Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teague John E $450,000
Previous Owner Moody Horace A $295,000
Previous Owner Moody Horace A $549,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $940,000 0.0% --
01/22/2021 01/22/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $940,000 +56.7% --
06/12/2018 06/12/18 Sold $600,000 0.0% --
04/11/2018 04/11/18 Pending -- -- --
01/05/2017 01/05/17 For Sale $600,000 -- --
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
2024 $27,185 $2,464,057 $1,090,089 $1,373,968
2023 $27,185 $2,360,334 $1,090,089 $1,270,245
2022 $10,440 $866,359 $846,999 $19,360
2021 $10,440 $520,425 $501,545 $18,880
2020 $5,671 $453,247 $435,327 $17,920
2019 $5,739 $452,447 $435,327 $17,120
2018 $5,205 $442,487 $0 $0
2017 $4,905 $414,567 $0 $0
2016 $4,201 $339,756 $0 $0
2015 $3,727 $277,187 $0 $0
2014 $4,217 $310,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 861668

Emerald Coast Association of REALTORS®

APN: 00-2S-24-2186-000E-0480