NOT LISTED FOR SALE

Lot 1C Paradise By the Sea Inlet Beach, FL 32461

Paradise by The Sea Neighborhood

Estimated Value: $2,504,000

0.47 Acre
$5,327,660 Price per Acre
20,473 Sq Ft Lot

Last Sold April 11, 2017

Last sale price $1,212,500

Est. 107% increase in value since last sale

Current estimated payment $14,667/month

6 Days on Market

Highlights

  • Beach
  • Gulf View
  • Corner Lot
  • Dune Lakes Elementary School Rated A-
  • Gated Community

About This Lot

As of April 2017

One off the gulf, in one of the most exclusive neighborhoods on Scenic Hwy 30A. Multi million dollar homes abound in this subdivision. Private beach access, within walking distance to Alys Beach and Rosemary Beach. Great investment or build your dream house.

Last Agent to Sell the Property

W Royce Smith

Rosemary Beach Realty LLC License #3069554 Listed on: 03/27/2017

Last Buyer's Agent

Team Stevens

Rosemary Beach Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,640

Lot Details

  • 0.47 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Corner Lot

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Gas Available
  • Water Tap Fee Is Paid

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16020-00C-0010

Community Details

Overview

  • Paradise By The Sea Lot 1 Block C Or 1196 13 Or 2377 1332 Subdivision
  • The community has rules related to covenants, exclusive easements

Recreation

  • Beach

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,640

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.47
  • Lot Size: 60ft X 347ft buyer to verify
  • Road Frontage Type: Private Road
  • Subdivision Name: PARADISE BY THE SEA Lot 1 Block C or 1196-13 or 2377-1332
  • Directions: Paradise by the Sea is located on the south side of Scenic Hwy 30A just East of Alys Beach
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Paid: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Corner, Covenants, Easements, Within 1/2 Mile to Water, Build To Suit
  • View: Gulf
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Build To Suit: Yes
  • Lot Features:Corner: Yes

Utilities

  • Utilities: Electric, Public Sewer, Tap Fee Paid, Gas Available

Condo/Co-op/Association

  • Community Features: Beach, Gated Community, Pets Allowed
  • Association #2 Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Parcel #: 35-3S-18-16020-00C-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8640.09
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Apr 11, 2017
Sold by
Campbell Robert and Campbell Sarah
Bought by
Lembo Nicholas J and Lembo Susan Zachary
Seller's Agent
W Royce Smith
Rosemary Beach Realty LLC
Buyer's Agent
Team Stevens
Rosemary Beach Realty LLC
List Price
$1,212,500
Sold Price
$1,212,500
Current Estimated Value
$2,504,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,291,500
Avg. Annual Appreciation
8.90%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 30, 2014
Sold by
Pittman Robert Lester
Bought by
Campbell Robert and Campbell Sarah
Seller's Agent
Sarah Mowell
Berkshire Hathaway HomeServices
Buyer's Agent
W Royce Smith
Pelican Real Estate
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jan 15, 2002
Sold by
Weinstein Billy C and Weinstein Carol S
Bought by
Pittman Robert Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,976
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Lembo Nicholas J $12,124 Rodgers Kiefer Title
Campbell Robert $1,000,000 Rodgers Kiefer Title
Pittman Robert Lester $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pittman Robert Lester $214,976
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2017 04/11/17 Sold $1,212,500 0.0% --
04/02/2017 04/02/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $1,212,500 +21.3% --
07/30/2014 07/30/14 Sold $1,000,000 0.0% -- View Prior Sale
06/27/2014 06/27/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $1,000,000 -- --
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 $15,594 $1,785,000 $1,785,000 --
2023 $15,594 $1,655,603 $0 $0
2022 $14,208 $1,564,341 $1,564,341 $0
2021 $13,244 $1,368,267 $1,368,267 $0
2020 $12,496 $1,251,793 $1,251,793 $0
2019 $12,069 $1,215,333 $1,215,333 $0
2018 $11,765 $1,179,935 $0 $0
2017 $10,796 $1,146,600 $1,146,600 $0
2016 $10,226 $1,102,500 $0 $0
2015 $8,640 $850,000 $0 $0
2014 $4,598 $460,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    W Royce Smith

    Rosemary Beach Realty LLC

    (850) 960-8088

    11 Total Sales

    W Royce Smith
    Section Image

  • T

    Buyer's Agent in 2017

    Team Stevens

    Rosemary Beach Realty LLC

    (850) 278-2000

    15 Total Sales

    Team Stevens
    Section Image
  • Sarah Mowell

    Seller's Agent in 2014

    Sarah Mowell

    Berkshire Hathaway HomeServices

    (615) 585-3577

    5 Total Sales

    Sarah Mowell
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 748926

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16020-00C-0010

Florida Walton County Inlet Beach 32413 Paradise by The Sea

Lot 1C Paradise By the Sea, Inlet Beach, FL

This home is located at Lot 1C Paradise By the Sea, Inlet Beach, FL 32461 since 27 March 2017 and is currently estimated at $2,504,000. Lot 1C Paradise By the Sea is a home located in Walton County with nearby schools including Dune Lakes 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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