NOT LISTED FOR SALE

Estimated Value: $382,000

0.5 Acre
$764,000 Price per Acre
21,780 Sq Ft Lot

Last Sold January 29, 2023

Last sale price $350,000 $91 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,786/month

13 Days on Market

Highlights

  • 155 Feet of Waterfront
  • Golf Course Community
  • Views of Preserve
  • Palencia Elementary School Rated A
  • Fitness Center
  • Clubhouse

About This Lot

As of January 2023

Bring your own builder and custom design a floorplan for this beautiful 1/2 acre estate lying at the very end of Promenade Point Drive, Palencia's most prestigious neighborhood & street!

Surrounded by many $1 million+ homes, this pie shaped, waterfront property is cleared & filled and ready for construction.

Preferred western exposure allows the capture of fresh sea breezes in the mornings while offering a cool shady rear lanai in the afternoon hours.

Promenade Point is lined with beautiful spanish style homes and picturesque Florida palms. Street is now building out with many new homes under construction in 2019.

Zoned for top ranked St. Johns County Schools.

St. Augustine's historic downtown is located 10 minutes south and the beach is a short drive!

Last Agent to Sell the Property

Jonathan Minerick

HOMECOIN.COM Brokerage Phone: 888-400-2513 License #3477996 Listed on: 11/22/2022

Last Buyer's Agent

NON MLS

NON MLS (realMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,185

Lot Details

  • 0.5 Acre Lot
  • 155 Feet of Waterfront
  • Cul-De-Sac
  • Cleared Lot
  • The community has rules related to exclusive easements

HOA Fees

  • $17 Monthly HOA Fees

Property Views

  • Views of Preserve

Schools

  • Palencia Elementary School
  • Pacetti Bay Middle School
  • Allen D. Nease High School

Listing and Financial Details

  • Assessor Parcel Number 0720880160

Community Details

Overview

  • Palencia Property Association, Phone Number (904) 747-0181
  • Prom Point Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$9,185

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.5
  • Road Surface Type: Asphalt
  • Subdivision Name: Prom Point
  • General Property Information Waterfront YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Association Phone: 904-747-0181
  • Utilities Natural Gas Available: Yes
  • View Protected Preserve: Yes
  • General Property Information Water Frontage Feet: 155
  • General Property Information Lot Size Acres: 0.5
  • Lot Features Easement Access: Yes
  • Special Features: None

Exterior Features

  • Waterfront: Yes
  • Lot Features: Cleared, Cul-De-Sac, Easement Access, Other
  • View: Golf Course, Protected Preserve, Water
  • Lot Features:Cul-De-Sac: Yes
  • Waterfront Features:Lake Front: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Natural Gas Available, Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse, Fitness Center, Golf Course, Jogging Path, Maintenance Grounds, Playground, Tennis Court(s)
  • Association Name: Palencia Property
  • Phone: 904-747-0181
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Name: Palencia Property
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Maintenance Grounds: Yes

Schools

  • Elementary School: Palencia
  • High School: Allen D. Nease
  • Middle Or Junior School: Pacetti Bay

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 0720880160
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Dec 29, 2022
Sold by
Naar Jose Enrique and Naar Adamina
Bought by
Bleything Timothy Kent and Bleything Jamie
Seller's Agent
Jonathan Minerick
HOMECOIN.COM
Buyer's Agent
NON MLS
NON MLS (realMLS)
List Price
$449,000
Sold Price
$350,000
Premium/Discount to List
-$99,000
-22.05%
Current Estimated Value
$382,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,000
Original Mortgage
$250,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2019
Closed on
May 6, 2019
Sold by
Bertaccini Joseph G and Bertaccini Sonja
Bought by
Naar Jose Enrique and Caceres Naar Adamina
Seller's Agent
Travis Minch
BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
Buyer's Agent
Travis Minch
BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
List Price
$169,700
Sold Price
$165,870
Premium/Discount to List
-$3,830
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.16%
Original Mortgage
$149,283
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
May 18, 2012
Closed on
Sep 19, 2012
Sold by
First Southern Bank
Bought by
Bertaccini Joseph G and Bertaccini Sonja
Seller's Agent
MARCIA SIMMONS
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Buyer's Agent
PUD ENGLISH
PALENCIA REALTY, LLC
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Promenade Development Llc
Bought by
First Southern Bank
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
Bleything Timothy Kent $350,000 Gibraltar Title Services
Bleything Timothy Kent $350,000 Gibraltar Title Services
Naar Jose Enrique $165,870 Sheffield & Boatright Ttl Sv
Bertaccini Joseph G $100,000 Attorney
First Southern Bank $1,180,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bleything Timothy Kent $250,000
Previous Owner Naar Jose Enrique $149,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $165,870 -- --
01/29/2023 01/29/23 Sold $350,000 -22.0% $91 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $449,000 +170.7% $117 / Sq Ft
05/08/2019 05/08/19 Sold $165,870 -2.3% $43 / Sq Ft View Prior Sale
04/27/2019 04/27/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $169,700 +69.7% $44 / Sq Ft
09/24/2012 09/24/12 Sold $100,000 0.0% $26 / Sq Ft View Prior Sale
08/24/2012 08/24/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $100,000 -- $26 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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
2023 $9,185 $375,000 $375,000 $0
2022 $7,463 $392,000 $392,000 $0
2021 $5,904 $110,000 $0 $0
2020 $6,295 $138,000 $0 $0
2019 $5,935 $110,000 $0 $0
2018 $6,122 $130,000 $0 $0
2017 $0 $130,000 $130,000 $0
2016 $6,331 $114,950 $0 $0
2015 -- $95,000 $0 $0
2014 -- $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1201731

realMLS (Northeast Florida Multiple Listing Service)

APN: 072088-0160