NOT LISTED FOR SALE

720 Peakes Point Gulf Breeze, FL 32561

Estimated Value: $733,000 - $1,579,000

0.79 Acres
$1,604,738 Price per Acre
34,412 Sq Ft Lot

Last Sold May 11, 2015

Last sale price $585,000

Est. 117% increase in value since last sale

Current estimated payment $7,765/month

137 Days on Market

Highlights

  • 120 Feet of Public Beach Waterfront
  • 0.79 Acre Lot
  • No HOA
  • Gulf Breeze Elementary School Rated A-

About This Lot

As of May 2015

Build your dream home on this premiere waterfront lot in prestigious Peake's Pointe. Located in Gulf Breeze proper, Peake's Pointe boasts some of the most beautiful multi-million dollar homes in the area. The homesite has a great elevation and boasts approximately 120 feet on the Pensacola Bay. Enjoy beautiful sunsets and views of the Pensacola city lights in your new waterfront dream home!

Last Agent to Sell the Property

Sherlyn Waghalter

Re/Max on the Coast Listed on: 12/02/2014

Last Buyer's Agent

Sherlyn Waghalter

RE/MAX ON THE COAST

Property Details

Property Type

  • Land

Lot Details

  • 34,412 Sq Ft Lot
  • Lot Dimensions are 88x360x120x330
  • 120 Feet of Public Beach Waterfront
  • Property Fronts a Bay or Harbor

Schools

  • Gulf Breeze Elementary And Middle School
  • Gulf Breeze High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Peakes Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073S290990000000023

Property Details

Property Type

Land

Lot Details

0.79 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Vacant Land
  • Legal Description: 720 Peake's Point Drive
  • List Type: Exclusive Right of Sale
  • Special Features: None

Exterior Features

  • Beach Frontage: 120.00
  • Waterfront: Bay
  • Waterfront Frontage: 120

Utilities

  • Utilities: Septic Tank, Sewer Available

Fee Information

  • Assessment Fees: No
  • New Buyer Fee: No

Lot Info

  • Acreage: 0.79
  • Lot Dimensions: 88x360x120x330
  • Assessor Parcel Number: 073S290990000000023
  • Zoning: Resid Single Family
  • List Price per Acre: 854430.38

Rental Info

  • Is Subject Leased: No

MLS Schools

  • Elementary School: Gulf Breeze
  • High School: Gulf Breeze
  • Middle School: Gulf Breeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
A And G Casa Llc
Bought by
Lewis Hancy Geoffrey and Dyas Hancy Anna
Current Estimated Value
$1,267,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$2,675,349
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$1,407,606

Purchase Details

Closed on
Aug 2, 2024
Sold by
Antonio Elizabeth Braden Schmidt and Antonio Scott
Bought by
A And G Casa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Interest Rate
6.86%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 4, 2023
Sold by
Schmidt Gene Irvin
Bought by
Antonio Elizabeth Braden Schmi and Antonio Scott R

Purchase Details

Closed on
Apr 8, 2022
Sold by
Schmidt Gene Irvin and Schmidt Elizabeth Braden
Bought by
Simonds Charles T and Simonds Judy M

Purchase Details

Closed on
Nov 19, 2021
Sold by
Luther Taylor W and Luther Kathy
Bought by
Schmidt Gene Irvin and Schmidt Antonio Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2014
Closed on
May 11, 2015
Sold by
Adams Shirley D
Bought by
Taylor W Luther and Taylor Kathy
Seller's Agent
Sherlyn Waghalter
Re/Max on the Coast
Buyer's Agent
Sherlyn Waghalter
RE/MAX ON THE COAST
List Price
$799,900
Sold Price
$585,000
Premium/Discount to List
-$214,900
-26.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lewis Hancy Geoffrey $100 None Listed On Document
A And G Casa Llc $1,650,000 Pure Title
Antonio Elizabeth Braden Schmi $100 None Listed On Document
Simonds Charles T $100 --
Schmidt Gene Irvin $900,000 Emerald Coast Title
Taylor W Luther $585,000 Emerald Coast Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Hancy Geoffrey $2,700,000
Previous Owner A And G Casa Llc $1,237,500
Previous Owner Schmidt Gene Irvin $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2015 05/11/15 Sold $585,000 -26.9% --
04/18/2015 04/18/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $799,900 -- --
Source: Navarre Area Board of REALTORS®

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 $11,880 $1,324,400 $1,324,400 --
2024 $10,478 $890,100 $890,100 --
2023 $10,478 $774,000 $774,000 $0
2022 $9,511 $696,600 $696,600 $0
2021 $9,399 $673,200 $673,200 $0
2020 $9,006 $673,200 $0 $0
2019 $8,586 $673,200 $0 $0
2018 $7,570 $554,400 $0 $0
2017 $6,720 $457,600 $0 $0
2016 $6,838 $457,600 $0 $0
2015 $7,667 $500,860 $0 $0
2014 $9,553 $614,382 $0 $0
Source: Public Records

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Map

Source: Navarre Area Board of REALTORS®

MLS Number: 718721

Navarre Area Board of REALTORS®

APN: 07-3S-29-0990-00000-0023

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