NOT LISTED FOR SALE

Estimated Value: $6,812,000 - $9,146,731

0.49 Acres
$16,501,904 Price per Acre
21,344 Sq Ft Lot

Last Sold June 13, 2023

Last sale price $8,880,000 $2,136 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $46,637/month

13 Days on Market

Highlights

  • Community Beach Access
  • Water Views
  • Canal Access
  • Lake Park Elementary School Rated A
  • Community Boat Dock
  • Clubhouse

About This Lot

As of June 2023

Build your dream home on this incredible Port Royal building site located on Admiralty Parade. This highly sought after property measures 188 feet of depth, with 122 feet on the water totaling just under 23,000 square feet. This cleared building site will accommodate a spacious custom built home of over 6200 square feet under air. Architectural renderings show the possibility of a home with 5 bedrooms, 5 and 1/2 bathrooms, den, office, 4 car garage, pool, spa and large outdoor living space. In addition, this home site is eligible for a Port Royal Club Membership. The Port Royal club offers first class amenities including a fitness center, spa, tennis courts, fine dining, and private beach access.

Last Agent to Sell the Property

Derek Eisenberg

Continental Real Estate Group License #614001058 Listed on: 05/01/2023

Last Buyer's Agent

Mary Catherine White

Downing Frye Realty Inc. License #249511906

Downing Frye Realty Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $56,000

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 122 x 173 x 113 x 188
  • Cul-De-Sac
  • Southeast Facing Home
  • Oversized Lot

Property Views

  • Water Views

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 16810360005

Community Details

Recreation

  • Community Boat Dock
  • Community Beach Access
  • Tennis Courts
  • Canal Access

Additional Features

  • Port Royal Subdivision
  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$56,000

Lot Details

0.49 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.49
  • Lot Size: 122 x 173 x 113 x 188
  • Road Surface Type: Paved
  • Subdivision Name: PORT ROYAL
  • Directions: Take Broad Ave S, turn left onto Gordon Dr, Kings Town Dr, continue on Rum Row, bear left onto Admiralty Parade.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac, Oversized Lot
  • View: Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: Southeast

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Tennis Court(s)
  • Amenities: Beach Rights, Beach Access, Clubhouse

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 16810360005

Tax Info

  • Tax Annual Amount: 56000.0
  • Tax Block: 0
  • Tax Lot: 10
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 20, 2023
Sold by
999 Admiralty Parade Llc
Bought by
Ranhoff 1993 Trust
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
Mary Catherine White
Downing Frye Realty Inc.
List Price
$8,880,000
Sold Price
$8,880,000
Views
27
Current Estimated Value
$8,085,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$794,067
Avg. Annual Appreciation
-3.43%

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jul 16, 2021
Sold by
Bower Christopher J and The Christopher J Bowler Livin
Bought by
999 Admiralty Prade Llc
Seller's Agent
Mike McCumber
Waterfront Realty Group Inc
Buyer's Agent
Robin Petasky
Berkshire Hathaway FL Realty
List Price
$6,290,000
Sold Price
$6,490,000
Premium/Discount to List
$200,000
3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%
Original Mortgage
$4,500,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jul 17, 2020
Sold by
Mckinlay Kathleen M
Bought by
Bower Christopher J
Seller's Agent
Robyn Pfister Griffin
William Raveis Real Estate
Buyer's Agent
Christel Johnson
Paradise Coast Property Team
List Price
$5,300,000
Sold Price
$4,800,000
Premium/Discount to List
-$500,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.21%

Purchase Details

Closed on
Oct 30, 2007
Sold by
Mckinlay Carol G
Bought by
Mckinlay Douglas S and Mckinlay Richard S

Purchase Details

Closed on
Oct 30, 2001
Sold by
Mckinlay Edward S and Mckinlay Carol G
Bought by
Mckinlay Edward S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ranhoff 1993 Trust $8,880,000 None Listed On Document
999 Admiralty Prade Llc -- Attorney
999 Admiralty Parade Llc -- None Listed On Document
Bower Christopher J $4,800,000 Attorney
Mckinlay Douglas S -- Attorney
Mckinlay Edward S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 999 Admiralty Parade Llc $4,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2023 06/13/23 Sold $8,880,000 0.0% $2,136 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $8,880,000 +36.8% $2,136 / Sq Ft
07/16/2021 07/16/21 Sold $6,490,000 0.0% $1,561 / Sq Ft View Prior Sale
04/14/2021 04/14/21 Pending -- -- --
02/20/2021 02/20/21 Price Changed $6,490,000 +3.2% $1,561 / Sq Ft
11/24/2020 11/24/20 For Sale $6,290,000 +31.0% $1,513 / Sq Ft
07/17/2020 07/17/20 Sold $4,800,000 -9.4% $1,371 / Sq Ft View Prior Sale
06/26/2020 06/26/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $5,300,000 -- $1,514 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $59,780 $6,229,080 $6,229,080 --
2024 $65,184 $6,558,024 $6,554,909 $3,115
2023 $65,184 $5,906,247 -- --
2022 $52,653 $5,369,315 $5,366,592 $2,723
2021 $35,844 $3,493,114 $3,488,285 $4,829
2020 $12,624 $1,281,717 $0 $0
2019 $16,262 $1,252,900 $0 $0
2018 $15,997 $1,229,539 $0 $0
2017 $15,796 $1,204,250 $0 $0
2016 $15,586 $1,179,481 $0 $0
2015 $15,824 $1,171,282 $0 $0
2014 $15,863 $1,111,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223033185

Florida Gulf Coast Multiple Listing Service

APN: 16810360005

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