NOT LISTED FOR SALE

Estimated Value: $3,035,000

0.09 Acre
$33,722,222 Price per Acre
3,920 Sq Ft Lot

Last Sold August 29, 2024

Last sale price $2,650,000

Est. 15% increase in value since last sale

Current estimated payment $18,839/month

256 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Sauna
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Community Pool

About This Lot

As of August 2024

This stunning lot, situated in the highly sought-after Alys Beach, presents an incredible opportunity to build your dream beach home! The sale includes fully approved architectural, structural & landscape plans with construction documentation, saving you over a year of time and hundreds of thousands in cost. The 5-bedroom, 6-bath, 4,799-square-foot home, designed by the award-winning Architect Tom Christ, is a masterpiece of indoor/outdoor living!

With its prime location in close proximity to the sugar-white sands and emerald waters of Florida's Gulf Coast, Lot AC 29 provides the perfect canvas for luxury living. The first-floor courtyard with a pool serves as a light well for all interior levels and features four bedrooms. The second floor boasts the master bedroom wing, a spacious great room, including a chef-inspired kitchen, indoor and outdoor fireplaces, covered porches, a welcoming sunroom, wet bar, balcony, and outdoor kitchen. The third floor offers an open rooftop terrace with covered dining, a sunroom/deck, powder room, sitting porch, balcony, and a heated pool that will boast stunning Gulf views!

The location is exceptional with three private Alys Beach access points just steps away, and it's a short walk to the exclusive owner's beach club. Seize the opportunity to be on the fast track to building in the coveted new urbanist development of Alys Beach. Don't miss out on this great opportunity - contact us today for more information about the exclusive live-work-play community of Alys Beach!

Last Agent to Sell the Property

Yeidy Mundo

Compass License #3323843 Listed on: 06/15/2024

Compass

Co-Listed By

Bryan Griner

Bryan J Griner Broker License #3248884

Last Buyer's Agent

Corey Ledbetter

Scenic Sotheby's International Realty License #3229843

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,541

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 46.09' x 81.52'

HOA Fees

  • $898 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-3S-18-16448-0AC-0290

Community Details

Overview

  • Alys Beach Subdivision

Amenities

  • Sauna

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa
  • Deeded access to the beach

Property Details

Property Type

Land

Est. Annual Taxes

$24,541

Lot Details

0

HOA Fees

$898 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.09
  • Lot Size: 46.09' x 81.52'
  • Co List Office Mls Id: EBJG
  • Co List Office Phone: 850-621-2266
  • Subdivision Name: ALYS BEACH
  • Directions: Take Hwy 30A E to S Sea Garden Street and the lot will be on your right.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • View: Gulf
  • Lot Features:Within 12 Mile to Water: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Exercise Room, Playground, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 2693.88
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 27-3S-18-16448-0AC-0290
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 24541.32
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Aug 29, 2024
Sold by
Leadbetter Investments Llc
Bought by
Spivey Lucas and Spivey Adrianna
Seller's Agent
Yeidy Mundo
Compass
Buyer's Agent
Corey Ledbetter
Scenic Sotheby's International Realty
List Price
$2,825,000
Sold Price
$2,650,000
Premium/Discount to List
-$175,000
-6.19%
Views
6
Current Estimated Value
$3,035,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,000
Avg. Annual Appreciation
12.41%

Purchase Details

Listed on
May 5, 2022
Closed on
May 2, 2022
Sold by
Lead Better Investments Llc
Bought by
Leadbetter Paul
Seller's Agent
Mary Kay Chilton
Scenic Sotheby's International Realty
Buyer's Agent
Bryan Griner
Nai Halford
List Price
$2,775,000
Sold Price
$2,775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.96%
Original Mortgage
$1,942,500
Interest Rate
4.4%
Mortgage Type
Balloon
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
Spivey Lucas $2,650,000 Scenic Title
Leadbetter Paul -- New Title Company Name
Leadbetter Investments Llc $2,775,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leadbetter Investments Llc $1,942,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Sold $2,650,000 -3.6% --
08/01/2024 08/01/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $2,750,000 -1.6% --
07/12/2024 07/12/24 Price Changed $2,795,000 -1.1% --
06/15/2024 06/15/24 For Sale $2,825,000 0.0% --
05/22/2024 05/22/24 Pending -- -- --
05/18/2024 05/18/24 Price Changed $2,825,000 -5.7% --
02/23/2024 02/23/24 Price Changed $2,995,000 -6.3% --
11/19/2023 11/19/23 For Sale $3,195,000 +15.1% --
05/05/2022 05/05/22 For Sale $2,775,000 0.0% --
05/02/2022 05/02/22 Sold $2,775,000 -- -- View Prior Sale
03/26/2022 03/26/22 Pending -- -- --
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 $23,724 $2,249,572 $2,249,572 --
2023 $23,724 $2,249,572 $2,249,572 $0
2022 $19,207 $1,724,654 $1,724,654 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 936922

Emerald Coast Association of REALTORS®

APN: 27-3S-18-16448-0AC-0290