NOT LISTED FOR SALE

Lot 1 Open Gulf St Miramar Beach, FL 32550

Estimated Value: $3,074,000 - $8,512,000

0.42 Acre
$15,071,229 Price per Acre
18,295 Sq Ft Lot

Last Sold November 05, 2018

Last sale price $2,605,000

Est. 143% increase in value since last sale

Current estimated payment $39,224/month

Highlights

  • Property fronts gulf or ocean
  • Van R. Butler Elementary School Rated A-
  • Level Lot

About This Lot

As of November 2018

Entered for comp purposes only.

Last Agent to Sell the Property

Patrick Geiger

Scenic Sotheby's International Realty License #3115020 Listed on: 11/06/2018

Scenic Sotheby's International Realty

Last Buyer's Agent

Patrick Geiger

Scenic Sotheby's International Realty License #3115020 Listed on: 11/06/2018

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $67,982

Lot Details

  • Lot Dimensions are 49x155x51x166
  • Property fronts gulf or ocean
  • Coastal Setback
  • Property fronts a county road
  • Property fronts an easement
  • Coastal Barrier Zone
  • Level Lot
  • Cleared Lot
  • The community has rules related to exclusive easements

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Additional Features

  • Gulf Views
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 33-2S-21-42180-003-0010

Property Details

Property Type

Land

Est. Annual Taxes

$67,982

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 49X155X51X166
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Subdivision Name: METES & BOUNDS
  • Directions: Scenic 98 to Main Sail Dr, turn right onto Open Gulf street, property located at the end of the street next to the public beach access.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Waterfront:Gulf: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Coastal Setback, Easements, Level, Within 1/2 Mile to Water, Build To Suit
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Build To Suit: Yes
  • Lot Features:Coastal Setback: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electric, Public Water, Sewer Available, Gas Available

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 33-2S-21-42180-003-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Open Gulf Lot 1 Llc
Bought by
Open Gulf Property Llc
Current Estimated Value
$6,329,916

Purchase Details

Listed on
Nov 6, 2018
Closed on
Nov 5, 2018
Sold by
Overton Thomas C and Overton Julia F
Bought by
Open Gulf Lot 1 Llc
Seller's Agent
Patrick Geiger
Scenic Sotheby's International Realty
Buyer's Agent
Patrick Geiger
Scenic Sotheby's International Realty
List Price
$2,605,000
Sold Price
$2,605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$1,600,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2001
Sold by
Candido Robert L and Candido Jean M
Bought by
Overton Thomas C and Overton Julia F
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
Open Gulf Property Llc $7,250,000 Ketchersid Land & Title Llc
Open Gulf Lot 1 Llc $2,605,000 Aqua Title Services
Overton Thomas C $590,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Open Gulf Lot 1 Llc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2018 11/06/18 For Sale $2,605,000 0.0% --
11/05/2018 11/05/18 Sold $2,605,000 -- --
11/05/2018 11/05/18 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 $67,982 $7,596,454 $1,995,120 $5,601,334
2023 $67,982 $7,380,707 $0 $0
2022 $62,182 $6,709,734 $2,437,475 $4,272,259
2021 $15,211 $1,571,468 $1,571,468 $0
2020 $14,950 $1,497,600 $1,497,600 $0
2019 $14,301 $1,440,000 $1,440,000 $0
2018 $9,401 $1,127,156 $0 $0
2017 $8,873 $1,094,326 $1,094,326 $0
2016 $8,200 $1,002,382 $0 $0
2015 $7,431 $880,000 $0 $0
2014 $5,477 $546,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patrick Geiger

    Scenic Sotheby's International Realty

    (850) 376-0673

    9 in this area

    43 Total Sales

    Patrick Geiger
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 810433

Emerald Coast Association of REALTORS®

APN: 33-2S-21-42180-003-0010

Florida Walton County Miramar Beach 32550

Lot 1 Open Gulf St, Miramar Beach, FL

This home is located at Lot 1 Open Gulf St, Miramar Beach, FL 32550 since 06 November 2018 and is currently estimated at $6,329,916. Lot 1 Open Gulf St is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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