NOT LISTED FOR SALE

7824 Petersen Point Rd Milton, FL 32583

Estimated Value: $252,000 - $278,848

0.5 Acre
$530,848 Price per Acre
21,780 Sq Ft Lot

Last Sold November 06, 2024

Last sale price $279,900

Est. 5% decrease in value since last sale

Current estimated payment $1,512/month

170 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Beach Access

About This Lot

As of November 2024

Welcome to Petersen Point, where dreams meet reality in this stunning waterfront lot nestled along the shores of Blackwater Bay. This prime 1/2 acre parcel offers an unparalleled opportunity to craft your ideal oasis, boasting panoramic views and coveted access to the tranquil waters below. Situated in one of the most sought-after locales, Petersen Point epitomizes luxury coastal living. Imagine waking up to the gentle lapping of waves against the shore and being greeted by breathtaking sunsets each evening. With this meticulously cleared lot, the canvas is yours to create the ultimate retreat, limited only by your imagination. Enhanced with the utmost attention to detail, the groundwork has been laid for your vision to flourish. Ten truckloads of fill dirt have been thoughtfully added, ensuring a solid foundation for your dream home. Additionally, a dock with a boathouse and an 8000lb boat lift were expertly completed in 2021, providing seamless access to the bay for endless aquatic adventures. Whether you envision a coastal chic escape, a modern masterpiece, or a traditional waterfront haven, this property presents the ideal backdrop for your aspirations. Embrace the coastal lifestyle, where relaxation meets recreation, and every day feels like a vacation. Don't miss your chance to seize this rare opportunity to own a piece of paradise at Petersen Point. Your waterfront sanctuary awaits – come make your dreams a reality.

Last Agent to Sell the Property

Preston Murphy

KELLER WILLIAMS REALTY GULF COAST Listed on: 04/17/2024

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

Walker Clemmons

ERA American Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions: 98
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Level Lot
  • Cleared Lot

Schools

  • East Milton Elementary School
  • King Middle School
  • Milton High School

Additional Features

  • Bay Views
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number PETERSEN POINT LOT 8 BLK 1 ASD

Community Details

Overview

  • Petersen Point Subdivision

Recreation

  • Beach Access
  • Docks

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Parcel Number: PETERSEN POINT LOT 8 BLK 1 ASD
  • Property Type: Land
  • Electric: Underground
  • Number Of Lots: 1
  • Topography: Level
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.5
  • Lot Size: 98 x 214 x 99 x 219
  • Road Frontage Type: County Road
  • Subdivision Name: Petersen Point
  • Directions: Traveling west on I-10, take exit 28. Keep right onto Ward Basin Rd to right on Petersen Point Rd. Keep left to stay on Petersen Point Rd. Lot will be near the end of the road on the left.
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay, Waterfront, Beach Access
  • Waterfront: Yes
  • Exterior Features: Dock
  • Other Structures: Boat House With Lift

Utilities

  • Sewer: None
  • Utilities: Natural Gas Connected
  • Water Source: None

Fee Information

  • Association Fee Includes: Association

Schools

  • Elementary School: East Milton
  • High School: Milton
  • Middle Or Junior School: King

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 21780
  • Additional Parcels: No
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Nov 6, 2024
Sold by
King Carl F and King Frances D
Bought by
Burkhart Byron C and Burkhart Tracy A
Seller's Agent
Preston Murphy
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Walker Clemmons
ERA American Real Estate
List Price
$308,500
Sold Price
$279,900
Premium/Discount to List
-$28,600
-9.27%
Views
54
Current Estimated Value
$265,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,476
Avg. Annual Appreciation
-4.26%

Purchase Details

Closed on
Oct 31, 2003
Sold by
Diuguid J Briggs and Diuguid Suzanne
Bought by
Merica James D and Craig Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.75%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Priller Marcia L
Bought by
Diuguid J Briggs and Diuguid Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,618
Interest Rate
6.77%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Burkhart Byron C $279,900 Omega National Title
Burkhart Byron C $279,900 Omega National Title
Merica James D $145,000 --
Diuguid J Briggs $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merica James D $130,500
Previous Owner Diuguid J Briggs $71,618
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2024 11/06/24 Sold $279,900 -6.7% --
05/17/2024 05/17/24 Price Changed $299,900 -2.8% --
04/17/2024 04/17/24 For Sale $308,500 +137.5% --
08/14/2018 08/14/18 Sold $129,900 -12.8% -- View Prior Sale
05/02/2018 05/02/18 For Sale $149,000 -- --
Source: Pensacola 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
2025 $1,606 $200,000 $200,000 --
2024 $1,606 $140,000 $140,000 --
2023 $1,606 $140,000 $140,000 $0
2022 $1,547 $140,000 $140,000 $0
2021 $1,361 $112,000 $112,000 $0
2020 $1,377 $112,000 $0 $0
2019 $1,284 $104,000 $0 $0
2018 $1,208 $112,000 $0 $0
2017 $949 $75,000 $0 $0
2016 $866 $66,000 $0 $0
2015 $890 $66,000 $0 $0
2014 $906 $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 643958

Pensacola Association of REALTORS®

APN: 24-1N-28-3077-00100-0080