NOT LISTED FOR SALE

Estimated Value: $1,198,000 - $1,434,000

0.09 Acre
$14,767,411 Price per Acre
3,920 Sq Ft Lot

Last Sold March 24, 2020

Last sale price $245,000

Est. 442% increase in value since last sale

Current estimated payment $8,426/month

282 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Community Pool
  • Bay Elementary School Rated A-
  • Wooded Lot

About This Lot

As of March 2020

For those who long for a beach home to anchor their retirement years, family lifestyle or special vacations, this lot beckons you to realize hopes of a beach retreat designed and built just for you. It is less than half a dozen blocks to the sugar white sandy beach and emerald green Gulf of Mexico waters. The street is flanked by palm trees and sidewalks, and the name sums it up: Beach Bike Way. It is perhaps the best Way for your Beach retreat to come true, and you can Bike everywhere, like Peddler's Pavilion for a meal with live music.
The natural world of coastal dune lakes, woods in Point Washington State Forest, the Alys Beach Nature Trail, Camp Creek Lake and Deer Lake State Park are all here for walking, biking, paddling, photography, exploring and simple pleasures. With 24/7 security, well-maintained neighborhood and luxurious 12,000-square-foot swimming pool, this lot is affordable and waiting patiently to be someone's new beach dream.

Last Agent to Sell the Property

Blake Morar Group

Scenic Sotheby's International Realty Listed on: 05/10/2019

Last Buyer's Agent

Blake Morar Group

Scenic Sotheby's International Realty Listed on: 05/10/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,841

Year Built

  • 2001

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 75 x 51 x 75 x 51
  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Listing and Financial Details

  • Assessor Parcel Number 26-3S-18-16010-00A-0080

Community Details

Overview

  • Association fees include accounting, management, master, security
  • Seacrest Beach Ph 2 Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool
  • Deeded access to the beach

Property Details

Property Type

Land

Est. Annual Taxes

$1,841

Year Built

2001

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.09
  • Lot Size: 75 x 51 x 75 x 51
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Subdivision Name: SEACREST BEACH PH 2
  • Directions: From the East end of 30A, turn right onto Seacrest Beach Blvd and at the Y continue West on Seacrest Beach Blvd until you get to Beach Bike Way and make a left. The lot will be on the left hand side.
  • Utilities Electric: Yes
  • Special Features: None
  • Year Built (Public Record): 2001

Exterior Features

  • Lot Features: Covenants, Within 1/2 Mile to Water, Wooded
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pool, Owners Pets Allowed
  • Association #2 Fee: 750.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Master Association, Security

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 26-3S-18-16010-00A-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1841.33
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2002
Sold by
Lutes Joseph P
Bought by
Lutes Joseph P and Joseph P Lutes Revocable Trust
Total Days on Market
282
Current Estimated Value
$1,329,067

Purchase Details

Closed on
Mar 5, 2002
Sold by
Molinari Christopher U
Bought by
Lutes Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.95%
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
Lutes Joseph P -- --
Lutes Joseph P $369,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutes Joseph P $295,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $245,000 0.0% --
02/16/2020 02/16/20 Pending -- -- --
05/10/2019 05/10/19 For Sale $245,000 -- --
Source: Emerald Coast 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
2024 $8,586 $1,118,024 $430,000 $688,024
2023 $8,586 $736,716 $0 $0
2022 $7,932 $1,063,111 $445,110 $618,001
2021 $6,014 $633,990 $239,028 $394,962
2020 $5,525 $553,505 $218,680 $334,825
2019 $5,371 $540,814 $212,311 $328,503
2018 $5,248 $526,339 $0 $0
2017 $5,034 $518,945 $200,304 $318,641
2016 $4,617 $470,942 $0 $0
2015 $4,292 $433,189 $0 $0
2014 $3,859 $375,687 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 822548

Emerald Coast Association of REALTORS®

APN: 26-3S-18-16020-00I-0060