NOT LISTED FOR SALE

7032A N Oceanshore Blvd Palm Coast, FL 32137

Estimated Value: $2,203,120

9.9 Acres
$222,537 Price per Acre
431,244 Sq Ft Lot

Last Sold September 08, 2023

Last sale price $2,250,000

Est. 2% decrease in value since last sale

Current estimated payment $12,999/month

32 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Intracoastal View
  • Level Lot
  • Old Kings Elementary School Rated A-
  • 9.9 Acre Lot

About This Lot

As of September 2023

Exceptional Oceanfront AND Intracoastal Community Development opportunity! 18.6 + or - Acres. This piece (9.9 acres) is priced to include the similar abutting parcel (9.7 acres) directly north of it. BOTH PARCELS MUST BE SOLD TOGETHER. Each Western parcel includes over 160' of Intracoastal Frontage with roughly over 2550' of depth between A1A and the Intracoastal. Each parcel also includes a direct oceanfront lot of approximately 250' depth by 75' on the Atlantic. So, combined lots are roughly 320' by 2550' on west side of A1A and 150' by 250' oceanside. The property should support the development of two oceanfront homes and two sites on the Intracoastal, with approximately 54 TO 56 sites between them. Successful ocean" community developments are already established on adjoining developed parcel to the north and in the general area. THE COMBINED PARCELS SUCCESSFULLY UNDERWENT PRELIMINARY TESTING AND FLUM APPROVAL FOR A 56 UNIT SUBDIVISION.

Last Agent to Sell the Property

Robert Bagdon

ENGEL VOLKERS PALM COAST License #3248239 Listed on: 04/16/2023

ENGEL VOLKERS PALM COAST

Co-Listed By

Ann M. Bagdon

ENGEL VOLKERS PALM COAST License #3242826

Last Buyer's Agent

MARGIE ANKROM

BERKSHIRE HATHAWAY HOMESERVICE (FLORIDA PARK) License #648804

BERKSHIRE HATHAWAY HOMESERVICE (FLORIDA PARK)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,560

Lot Details

  • 9.9 Acre Lot
  • 160 Ft Wide Lot
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property fronts a state road
  • Unincorporated Location
  • East Facing Home
  • Level Lot
  • Property is zoned R/C

Property Views

  • Intracoastal
  • Partial Bay or Harbor

Utilities

  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 26 / 10/31
  • Assessor Parcel Number 37-10-31-1550-00000-0110

Community Details

Overview

  • Resubd Of Dupont Estates Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Property is near a marina

Property Details

Property Type

Land

Est. Annual Taxes

$14,560

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 9.9
  • Lot Size Sq Ft: 431251
  • Directions to Property: Located south of Mainland along A1A. Use listing map as guide or vehicle GPS.
  • Status: Sold
  • Street Direction: N
  • Co List Office Mls Id: MFR256500824
  • Co List Office Phone: 386-338-0326
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 686374107
  • RATIO Current Price By Calculate: 5.22
  • Total Acreage: 5 to less than 10
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 7032A

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: State Road
  • Water Body Name: ATLANTIC OCEAN, INTRACOASTAL
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Gulf/Ocean,Intracoastal Waterway
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: SEE REMARKS FOR FRONTAGE
  • Price Per Acre: 227273
  • Easements: Ingress/Egress

Utilities

  • Utilities: Cable Available, Electrical Nearby, Public
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association 2 YN: 0
  • Development: (Not Assigned)

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R/C
  • Parcel Number: 37-10-31-1550-00000-0110
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Buildable, CoastalConstruction Control Line, In County, Level, Near Marina, Unincorporated
  • Lot Dimensions: 160X2550 & 75X250 ALL
  • Flood Zone Code: X AE
  • Lot Size Square Meters: 40065

Tax Info

  • Tax Annual Amount: 14559.75
  • Tax Block: 10/31
  • Tax Book Number: 2610/1892
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Gulf/Ocean, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2025
Sold by
Kgjg Cove Llc
Bought by
Cove Ocean One Llc
Current Estimated Value
$2,203,120

Purchase Details

Listed on
Apr 16, 2023
Closed on
Sep 6, 2023
Sold by
Hatcher Family Revocable Trust and Samuel Thomas Hatcher Family Trust
Bought by
Kgjg Cove Llc
Seller's Agent
Robert Bagdon
ENGEL VOLKERS PALM COAST
Buyer's Agent
MARGIE ANKROM
BERKSHIRE HATHAWAY HOMESERVICE (FLORIDA PARK)
List Price
$2,000,000
Sold Price
$2,250,000
Premium/Discount to List
$250,000
12.5%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.03%
Original Mortgage
$750,000
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 2021
Sold by
Hatcher Thomas and Hatcher Samuel Thomas
Bought by
Hatcher Samuel Thomas and Hatcher Betty G

Purchase Details

Closed on
Feb 26, 2021
Sold by
Equity Trust Company
Bought by
Hatcher Thomas

Purchase Details

Closed on
Nov 1, 2018
Sold by
Equity Trust Company
Bought by
Hatcher Thomas

Purchase Details

Closed on
Apr 13, 2018
Sold by
Equity Trust Company
Bought by
Hatcher Thomas

Purchase Details

Closed on
Dec 18, 2016
Sold by
Equity Trust Co
Bought by
Hatcher Thomas

Purchase Details

Closed on
Nov 16, 2016
Sold by
Mid Ohio Sercurities Corp
Bought by
Equity Trust Co

Purchase Details

Closed on
Jun 3, 2003
Sold by
Suntrust Bk
Bought by
Mid Oh Securities Corp

Purchase Details

Closed on
Jul 11, 2001
Sold by
Hatcher Thomas S
Bought by
Sun Tr Bk
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
Cove Ocean One Llc $100 None Listed On Document
Kgjg Cove Llc $2,250,000 None Listed On Document
Hatcher Samuel Thomas -- Attorney
Hatcher Thomas -- None Available
Hatcher Thomas -- Attorney
Hatcher Thomas -- Attorney
Hatcher Thomas -- Attorney
Equity Trust Co -- None Available
Mid Oh Securities Corp -- --
Sun Tr Bk -- --
Sun Tr Bk -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kgjg Cove Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $2,250,000 +12.5% --
05/19/2023 05/19/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $2,000,000 -- --
Source: Stellar MLS

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 $15,132 $1,203,545 $1,203,545 --
2023 $15,132 $1,060,379 $1,060,379 $0
2022 $14,560 $1,009,754 $1,009,754 $0
2021 $10,099 $724,335 $724,335 $0
2020 $9,171 $632,981 $632,981 $0
2019 $8,634 $602,981 $602,981 $0
2018 $8,242 $579,404 $579,404 $0
2017 $7,018 $444,335 $444,335 $0
2016 $7,688 $476,210 $0 $0
2015 $7,064 $433,570 $0 $0
2014 $6,716 $405,111 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC290707

Stellar MLS

APN: 37-10-31-1550-00000-0110