NOT LISTED FOR SALE

Lot 12 Cedar St Destin, FL 32541

Estimated Value: $286,000

0.45 Acre
$635,556 Price per Acre
19,602 Sq Ft Lot

Last Sold July 08, 2021

Last sale price $225,000

Est. 27% increase in value since last sale

Current estimated payment $1,697/month

About This Lot

As of July 2021

UNDER CONTRACT WITH A 72 HOUR KICKOUT CLAUSE SELLER TAKING BACK UP OFFERS. On the corner of Airport Rd and Cedar St in the heart of Destin, you'll find this .45 acre investment lot with great access and visibility. Zoned ROI-GD this land is open to several development options. Any proposed usage must go through conditional use review.

Last Agent to Sell the Property

Elizabeth Belter

Compass License #3318524 Listed on: 05/26/2021

Compass

Co-Listed By

Brett Bianca

Compass License #3230784

Last Buyer's Agent

Shane Cannon

Spinnaker Realty Inc License #564550

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,168

Lot Details

  • 0.45 Acre Lot
  • Property is zoned Resid Multi-Family,

Schools

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

Community Details

  • Kell Aire Gardens 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-3091-000J-0120

Property Details

Property Type

Land

Est. Annual Taxes

$2,168

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.45
  • Lot Size: Approx 100X200
  • Co List Office Mls Id: EVC2
  • Co List Office Phone: 850-267-9191
  • Subdivision Name: KELL-AIRE GARDENS 1ST ADDN
  • Directions: From Main St. turn east on Airport Rd. Lot is on the corner of Airport and Cedar.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Utilities

  • Utilities: Electric, Public Sewer, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 19602.0
  • Parcel #: 00-2S-22-3091-000J-0120
  • Zoning: Resid Multi-Family,
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 8, 2021
Sold by
Illinois Ideal Electric Inc
Bought by
Cannon Shane
Seller's Agent
Elizabeth Belter
Compass
Buyer's Agent
Shane Cannon
Spinnaker Realty Inc
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,000
Avg. Annual Appreciation
5.78%
Original Mortgage
$174,153
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
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
Cannon Shane $225,000 Championship Title Agcy Llc
Llinois Ideal Electric Inc -- Championship Title Agcy Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cannon Shane $174,153
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2021 10/10/21 Off Market $225,000 -- --
07/08/2021 07/08/21 Sold $225,000 0.0% --
05/26/2021 05/26/21 For Sale $225,000 -- --
03/08/2021 03/08/21 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 $2,168 $194,205 $194,205 --
2023 $2,168 $181,500 $181,500 $0
2022 $2,016 $167,264 $167,264 $0
2021 $927 $74,674 $74,674 $0
2020 $890 $71,118 $71,118 $0
2019 $902 $71,118 $71,118 $0
2018 $895 $69,724 $0 $0
2017 $852 $65,162 $0 $0
2016 $830 $63,885 $0 $0
2015 $798 $60,268 $0 $0
2014 $770 $57,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Belter

    Seller's Agent in 2021

    Elizabeth Belter

    Compass

    (850) 217-5831

    21 in this area

    72 Total Sales

    Elizabeth Belter
    Section Image
  • Brett Bianca

    Seller Co-Listing Agent in 2021

    Brett Bianca

    Compass

    (850) 460-4380

    10 in this area

    63 Total Sales

    Brett Bianca
    Section Image

  • S

    Buyer's Agent in 2021

    Shane Cannon

    Spinnaker Realty Inc

    (850) 865-5980

    3 in this area

    5 Total Sales

    Shane Cannon
    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 856368

Emerald Coast Association of REALTORS®

APN: 00-2S-22-3091-000J-0120

Florida Okaloosa County Destin 32541

Lot 12 Cedar St, Destin, FL

This home is located at Lot 12 Cedar St, Destin, FL 32541 since 26 May 2021 and is currently estimated at $286,000. Lot 12 Cedar St is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach 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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