NOT LISTED FOR SALE

Lot 10 Pompano Place Inlet Beach, FL 32461

Estimated Value: $1,068,000 - $1,454,233

0.11 Acre
$11,677,009 Price per Acre
4,704 Sq Ft Lot

Last Sold July 20, 2021

Last sale price $1,150,000

Est. 10% increase in value since last sale

Current estimated payment $7,804/month

4 Days on Market

Highlights

  • Beach
  • Corner Lot
  • Community Pool
  • Bay Elementary School Rated A-

About This Lot

As of July 2021

Exceptional building site and opportunity to build your dream home at the beach ideally located in Inlet Beach with easy ingress and egress to 30A and US Hwy 98 and less than two blocks from public beach access and the beautiful beaches of South Walton. Lot 10 is primely situated on a spacious corner lot; offering approximately 55ft x 87ft. Please reference HOA documents and architectural guidelines for further information on buildable footprint and design requirements. Pompano Place is a small, quaint community with just 10 homesites, charming paver streets, a beautiful community pool and low HOA dues of just $1,100 due twice per year. You couldn't ask for a better location as you're just minutes to the beach, 30Avenue which is full of upscale boutiques, fine dining, a yoga studio, coffee shops and a green space that often offers events and live music. You're also walking distance or an easy bike ride to the coveted communities of Rosemary Beach, Seacrest and Alys Beach. You truly have all that the 30A lifestyle offers right at your finger tips.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 06/18/2021

Last Buyer's Agent

Thomas McLendon

EXP Realty LLC License #3499680

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,898

Lot Details

  • Lot Dimensions are 55x87
  • Corner Lot

HOA Fees

  • $183 Monthly HOA Fees

Schools

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

Utilities

  • Gas Available
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16170-000-0100

Community Details

Overview

  • Association fees include master, recreational faclty
  • Pompano Place Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$1,898

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 55x87
  • Road Surface Type: Paved Road
  • Subdivision Name: POMPANO PLACE
  • Directions: From US Hwy 98 in Inlet Beach, turn south onto Orange Street. Pompano Place is first road to your right. This homesite will be directly on your right located on the corner; just past the pool.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Due: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water, See Remarks
  • Construction Type: Other N/A
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:See Remarks6: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes
  • ConstructionSiding:Other NA: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Due, Gas Available

Condo/Co-op/Association

  • Community Features: Beach, Pool
  • Association #2 Fee: 1100.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 36-3S-18-16170-000-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1897.85
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 20, 2021
Sold by
Karcher Dane W and Karcher Valya
Bought by
Kelly Properties Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Thomas McLendon
EXP Realty LLC
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$1,262,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,051
Avg. Annual Appreciation
3.08%
Original Mortgage
$900,000
Outstanding Balance
$249,841
Interest Rate
2.22%
Estimated Equity
$1,051,338

Purchase Details

Closed on
Sep 1, 2009
Sold by
Coastal Bank & Trust Company Of Florida
Bought by
Karcher Dane W and Karcher Valya

Purchase Details

Closed on
Apr 14, 2008
Sold by
Bortle Edward F and Bortle Linda L
Bought by
Vanguard Bank & Trust Co

Purchase Details

Closed on
May 27, 2005
Sold by
Pompano Place Llc
Bought by
Bortle Edward F and Bortle Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,100
Interest Rate
5.7%
Mortgage Type
Stand Alone First
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
Kelly Properties Llc $1,150,000 Vantage Title & Escrow Inc
Karcher Dane W $90,000 Old South Land Title Company
Vanguard Bank & Trust Co -- Attorney
Bortle Edward F $729,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Properties Llc $900,000
Previous Owner Bortle Edward F $656,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $1,150,000 0.0% --
06/22/2021 06/22/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,150,000 -- --
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 $8,923 $982,056 $982,056 --
2023 $8,923 $982,056 $982,056 $0
2022 $9,746 $1,051,609 $1,051,609 $0
2021 $1,980 $330,489 $330,489 $0
2020 $1,898 $302,356 $302,356 $0
2019 $1,805 $293,550 $293,550 $0
2018 $1,743 $285,000 $0 $0
2017 $1,211 $185,000 $185,000 $0
2016 $1,010 $147,660 $0 $0
2015 $960 $138,000 $0 $0
2014 -- $70,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 874740

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16170-000-0100