NOT LISTED FOR SALE

72 Malibu Cove Flagler Beach, FL 32136

Estimated Value: $1,288,000 - $1,479,000

0.34 Acre
$4,062,015 Price per Acre
14,810 Sq Ft Lot

Last Sold September 17, 2020

Last sale price $207,000 $14 Per Sq Ft

Est. 567% increase in value since last sale

Current estimated payment $8,951/month

311 Days on Market

Highlights

  • 233 Feet of Waterfront
  • Intracoastal View
  • 0.34 Acre Lot
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Lot

As of September 2020

One of the finest waterfront properties available anywhere is ready for a new home. 72 Malibu Cove is a bulkheaded saltwater canal, corner lot that is located in the gated community of Shelter Cove and features 233 feet of water frontage. This one of a kind lot is positioned at the end of a cul-de-sac and canal intersection with direct access to the Intracoastal Waterway just a few hundred feet away. Just a short walk from the beach, Shelter Cove is well maintained and features a pool with a covered wet bar area, Club House and gated entrance for an unheard-of HOA fee of only $2070 a year.

Last Agent to Sell the Property

Jeff Meyer

COMPASS FLORIDA License #3265244 Listed on: 10/07/2019

COMPASS FLORIDA

Co-Listed By

Debby Meyer

COMPASS FLORIDA License #3032004

Last Buyer's Agent

Reciprocal FCAR

License #970002565

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,286

Lot Details

  • 0.34 Acre Lot
  • 233 Feet of Waterfront
  • Waterfront Tip Lot
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • Northwest Facing Home
  • Irregular Lot
  • Cleared Lot
  • Property is zoned R-1 SINGLE FAMILY

Additional Features

  • Intracoastal Views
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 26-11-31-5575-00000-0150

Community Details

Overview

  • Property has a Home Owners Association
  • Shelter Cove HOA, Phone Number (386) 439-0134
  • Shelter Cove Condos
  • Shelter Cove Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,286

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14941
  • Directions to Property: 3 miles North of A1A & SR 100. Look for black & white striped lighthouse on the West side of A1A. Enter and drive to Malibu Cove. Lot is at the end of the cul-de-sac.
  • Status: Sold
  • Co List Office Mls Id: MFR1147
  • Co List Office Phone: 386-338-3908
  • Escrow Street Name: TBD
  • RATIO Current Price By Calculate: 13.85
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 72
  • Room Count: 0

Exterior Features

  • Direction Faces: Northwest
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 233
  • Price Per Acre: 608824

Utilities

  • Utilities: Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Special Community Restrictions
  • Association Amenities: Clubhouse, Gated
  • Association Fee: 2070
  • Association Name: Shelter Cove HOA
  • Phone: 386-439-0134
  • Association: Yes
  • Senior Community: No
  • Complex Community Name Nccb: SHELTER COVE

Lot Info

  • Zoning: R-1 SINGLE FAMILY
  • Parcel Number: 26-11-31-5575-00000-0150
  • Current Use: Other
  • Lot Features: Cleared, Cul-De-Sac, Irregular Lot, Tip Lot
  • Lot Size Square Meters: 1388

Tax Info

  • Tax Annual Amount: 2285.52

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Sep 16, 2020
Sold by
Whittington Patricia and Mason Charles M
Bought by
Perry William H and Huston Sharon Ann
Seller's Agent
Jeff Meyer
COMPASS FLORIDA
Buyer's Agent
Reciprocal FCAR
List Price
$243,000
Sold Price
$207,000
Premium/Discount to List
-$36,000
-14.81%
Current Estimated Value
$1,381,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,174,085
Avg. Annual Appreciation
45.73%

Purchase Details

Closed on
Aug 10, 2004
Sold by
A1a Realty & Development Inc
Bought by
Whitington Patricia and Mason Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
5.37%
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
Perry William H $207,000 Olde Florida Title Llc
Whitington Patricia $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry William H $505,000
Previous Owner Whitington Patricia $351,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2022 12/18/22 Off Market $207,000 -- --
09/17/2020 09/17/20 Sold $207,000 -14.8% $14 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
10/05/2019 10/05/19 For Sale $243,000 -- $16 / Sq Ft
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 $17,292 $940,427 -- --
2023 $17,292 $1,099,638 $0 $0
2022 $3,414 $225,000 $225,000 $0
2021 $3,163 $195,000 $195,000 $0
2020 $2,356 $190,000 $190,000 $0
2019 $2,375 $185,000 $185,000 $0
2018 $2,286 $180,000 $180,000 $0
2017 $1,799 $120,000 $120,000 $0
2016 $1,466 $79,500 $0 $0
2015 $1,475 $79,200 $0 $0
2014 $1,359 $72,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Meyer

    Seller's Agent in 2020

    Jeff Meyer

    COMPASS FLORIDA

    (386) 864-1906

    25 in this area

    166 Total Sales

    Jeff Meyer
    Section Image
  • Debby Meyer

    Seller Co-Listing Agent in 2020

    Debby Meyer

    COMPASS FLORIDA

    (386) 283-7280

    20 in this area

    192 Total Sales

    Debby Meyer
    Section Image

  • R

    Buyer's Agent in 2020

    Reciprocal FCAR

See All Agents

Map

Source: Stellar MLS

MLS Number: FC251813

Stellar MLS

APN: 26-11-31-5575-00000-0150

Florida Flagler County Flagler Beach 32136

72 Malibu Cove, Flagler Beach, FL

This home is located at 72 Malibu Cove, Flagler Beach, FL 32136 since 07 October 2019 and is currently estimated at $1,381,085, approximately $92 per square foot. 72 Malibu Cove is a home located in Flagler County with nearby schools including Old Kings Elementary School, Buddy Taylor Middle School, and Flagler-Palm Coast High 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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