NOT LISTED FOR SALE

LOT 2-C Paradise By the Sea Ct Seacrest, FL 32461

Paradise by The Sea Neighborhood

Estimated Value: $2,504,000

0.48 Acre
$5,249,476 Price per Acre
20,778 Sq Ft Lot

Last Sold January 08, 2015

Last sale price $1,000,000

Est. 150% increase in value since last sale

Current estimated payment $14,614/month

394 Days on Market

Highlights

  • Beach
  • Dune Lakes Elementary School Rated A-
  • Gulf View

About This Lot

As of January 2015

This 60 foot wide 2nd-row lot in the gated, Gulf front neighborhood of Paradise by the Sea is 347 feet deep and offers close to one half acre south of Scenic Highway 30A. Its extraordinary depth enables a home, carriage house, a pool and perhaps more to be built. Alys Beach is just west of this location, while more shopping, dining and seasonal entertainment at Town Center in Rosemary Beach is less than three quarters of a mile away, placing it within walking or biking distance. Paradise by the Sea is comprised of only 51 lots which share over 1,700 feet of beachfront. There is no build-out time requirement, so lot owners may build at their leisure while low annual homeowner association fees minimizes carrying cost. The Northwest Florida Beaches International Airport is approximately a 30 minute drive from this location. Buyer to verify all information deemed important.

Last Agent to Sell the Property

Chris Abbott Group

Scenic Sotheby's International Realty License #BK3078996 Listed on: 08/15/2013

Scenic Sotheby's International Realty

Last Buyer's Agent

Linda Miller

Sandi Nichols Associates Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,213

Lot Details

HOA Fees

  • $71 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Lot Dimensions are 60 x 347
  • Gulf Views

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16020-00C-0020

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, management, security
  • Paradise By The Sea Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$15,213

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 60 X 347
  • Subdivision Name: PARADISE BY THE SEA
  • Directions: Paradise By The Sea is located on the eastern end of Scenic Hwy 30A, just east Alys Beach.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Exterior Features

  • View: Gulf

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Waterfront
  • Association #2 Fee: 854.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Management, Security

Schools

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

Lot Info

  • Parcel #: 35-3S-18-16020-00C-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2017
Sold by
Keepman Charles
Bought by
Lembo Nicholas J and Lembo Susan Zachary
Current Estimated Value
$2,504,000

Purchase Details

Listed on
Aug 15, 2013
Closed on
Dec 15, 2014
Sold by
Five Talents Properties Of Fl Ii Llc
Bought by
Keepman Charles
Seller's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
Buyer's Agent
Linda Miller
Sandi Nichols Associates Inc
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
8.90%
Original Mortgage
$750,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $11,750 Mary A Rodgers Rodgers Kiefe
Keepman Charles $1,000,000 Blue Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keepman Charles $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2015 01/08/15 Sold $1,000,000 0.0% --
09/13/2014 09/13/14 Pending -- -- --
08/15/2013 08/15/13 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 $15,213 $1,785,000 $1,785,000 --
2023 $15,213 $1,576,765 $0 $0
2022 $13,532 $1,489,848 $1,489,848 $0
2021 $12,614 $1,303,112 $1,303,112 $0
2020 $11,901 $1,192,183 $1,192,183 $0
2019 $11,495 $1,157,460 $1,157,460 $0
2018 $11,205 $1,123,747 $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

  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 602668

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16020-00C-0020