NOT LISTED FOR SALE

Estimated Value: $772,000 - $1,915,000

3 Beds
2.5 Baths
1,305 Sq Ft
$1,099/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $640,000 $490 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $8,658/month

24 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Florida Architecture
  • Under Construction
  • 0.49 Acre Lot
  • No HOA
  • 4-minute walk to Beacon Hill Park

About This Home

As of July 2019

This is the first opportunity since Hurricane Michael to purchase a "storm damaged" beachfront home that appears salvageable and ready for a complete remodel. This home sits on a 75' wide lot in Beacon Hill, less than a mile from Mexico Beach and is being priced at the lot value only. The sellers are including the structure at no additional charge and the new buyer has the opportunity to fix this up how they want it and have equity day one. They also won't have to wait in the long lines to have a new house built that exists with DEP and the local builders. The soffits were blown out along with some other damage from the storm and the sellers have gutted this home completely, making it ready to remodel. Home has great potential with an open floorplan and large deck overlooking the beach. Sold "as is"

Last Agent to Sell the Property

Zach Childs

98 Real Estate Group, LLC License #3153944 Listed on: 05/18/2019

Last Buyer's Agent

FSBO Agent

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,938

Year Built

  • Built in 1995 | Under Construction

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 75 x 282
  • Property fronts gulf or ocean
  • Property fronts a highway
  • Coastal Barrier Zone

Home Design

  • Florida Architecture
  • Beach House
  • Fixer Upper
  • Metal Roof
  • Piling Construction

Interior Spaces

  • 1,305 Sq Ft Home
  • 2-Story Property
  • Gulf Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 6 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking

Utilities

  • No Utilities
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03806060R

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,938

Year Built

Built in 1995 | Under Construction

Lot Details

0

Listing Details

  • Directions: Located along Hwy 98 between Gulf Aire subdivision and Beacon Hill Veterans Park
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.486
  • Lot Size: 75 x 282
  • Road Frontage Type: Highway
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Florida, Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 1995
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: None
  • Furnished: Unfurnished
  • Interior Amenities: Needs Work
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: See Remarks
  • Living Area: 1305
  • Window Features: Window Treatment None

Exterior Features

  • Exterior Features: Needs Work, Shore Natural
  • Lot Features: Coastal Barrier Zone, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: See Remarks
  • Foundation Details: Pilings
  • Property Condition: Needs Work, Under Construction

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Under House With Pad, Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Utilities: None, County Trash, Private Trash
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 21170.16
  • Additional Parcels: No
  • Parcel #: 03806060R
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6938

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Johnston Jeff H and Johnston Nina G
Bought by
Newbern Jodi
Current Estimated Value
$1,433,682

Purchase Details

Closed on
Nov 25, 2019
Sold by
3 Fish Coastal Cottages Llc
Bought by
Johnston Jeff G and Johnston Nina G

Purchase Details

Listed on
May 18, 2019
Closed on
Jul 12, 2019
Sold by
Cooley Stephen and Cooley Susan
Bought by
3 Fish Coastal Cottage Llc
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
FSBO Agent
Nonmember Office
List Price
$679,000
Sold Price
$640,000
Premium/Discount to List
-$39,000
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%
Original Mortgage
$786,000
Interest Rate
3.82%
Mortgage Type
Construction
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
Newbern Jodi $1,365,000 Attorney
Johnston Jeff G -- Attorney
3 Fish Coastal Cottage Llc $640,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3 Fish Coastal Cottage Llc $786,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $640,000 -5.7% $490 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $679,000 -- $520 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $13,848 $1,211,158 -- --
2023 $14,161 $1,175,882 $0 $0
2022 $14,239 $1,141,633 $750,000 $391,633
2021 $10,825 $799,607 $570,000 $229,607
2020 $10,368 $746,216 $513,000 $233,216
2019 $6,042 $429,387 $375,000 $54,387
2018 $7,227 $584,819 $0 $0
2017 $6,932 $587,070 $0 $0
2016 $5,599 $393,077 $0 $0
2015 $5,011 $328,780 $0 $0
2014 $4,741 $329,922 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 301735

Forgotten Coast REALTOR® Association

APN: 03806-060R