NOT LISTED FOR SALE

Estimated Value: $4,545,444 - $5,443,000

0.23 Acre
$21,484,700 Price per Acre
10,019 Sq Ft Lot

Last Sold July 27, 2020

Last sale price $635,000

Est. 678% increase in value since last sale

Current estimated payment $28,598/month

9 Days on Market

About This Lot

As of July 2020

Gulf Trace is an exclusive Gulf Front community located south of 30A with access to over 1400 feet of beach. Surrounded by Grayton Beach State Park and the Gulf of Mexico, Gulf Trace is one of the last properties offering this level of serenity and privacy off 30A. Your home site is located a short walk from two neighborhood beach accesses. The options are endless for this building here with potential views of the Gulf of Mexico and Alligator Lake. The Seller has a set of plans for a fantastic courtyard home with pool that he will give to the new owner. There are very few remaining vacant lots left in Gulf Trace, this is a rare find, perfect for making your beach dreams a reality!

Last Agent to Sell the Property

Michael Minor

Florida Coast Real Estate Inc License #3211682 Listed on: 05/30/2020

Last Buyer's Agent

John Tait

ResortQuest Real Estate Destin

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,297

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 125 x 80
  • Property fronts a private road

HOA Fees

  • $42 Monthly HOA Fees

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-3S-19-25040-00E-0020

Community Details

Overview

  • Association fees include master
  • Gulf Trace 1 Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$3,297

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 125 x 80
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: GULF TRACE 1
  • Directions: Entrance to Gulf Trace is approximately 1/2 mile west of Grayton Beach intersection of Hwy 30A and Hwy 283 (blinking light), off Hwy 30A. Turn south and follow signs into community of Gulf Trace.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Survey Available, Within 1/2 Mile to Water
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Survey Available: Yes

Utilities

  • Utilities: Electric, Sewer Available, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach
  • Association #2 Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 08-3S-19-25040-00E-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3297.44
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Jul 27, 2020
Sold by
Cox Robert
Bought by
Mar Azul Dream Homes Llc
Seller's Agent
Michael Minor
Florida Coast Real Estate Inc
Buyer's Agent
John Tait
ResortQuest Real Estate Destin
List Price
$635,000
Sold Price
$635,000
Current Estimated Value
$4,941,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,306,481
Avg. Annual Appreciation
48.94%
Original Mortgage
$330,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Cole Stephen C and Christie Janis M
Bought by
Cox Robert

Purchase Details

Closed on
Jun 10, 2004
Sold by
Czerwonka Kevin and Czerwonka Jennifer
Bought by
Cole Stephen C and Christie Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2002
Sold by
James H Taylor Family Partnership Ltd
Bought by
Czerwonka Kevin and Ayers James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.77%
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
Mar Azul Dream Homes Llc $635,000 Shoreline Title Llc
Cox Robert $162,500 Attorney
Cole Stephen C $560,000 Southern Escrow & Title Llc
Czerwonka Kevin $195,000 Acquire Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mar Azul Dream Homes Llc $1,350,000
Closed Mar Azul Dream Homes Llc $330,000
Previous Owner Cole Stephen C $532,000
Previous Owner Czerwonka Kevin $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $635,000 0.0% --
06/08/2020 06/08/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $635,000 -- --
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 $29,519 $3,263,083 $615,000 $2,648,083
2023 $29,519 $3,248,717 $600,634 $2,648,083
2022 $6,055 $666,704 $666,704 $0
2021 $5,645 $583,140 $583,140 $0
2020 $3,514 $392,533 $392,533 $0
2019 $3,297 $381,100 $381,100 $0
2018 $3,131 $370,000 $0 $0
2017 $2,778 $325,000 $325,000 $0
2016 $2,408 $267,500 $0 $0
2015 $2,264 $250,000 $0 $0
2014 $1,804 $175,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 847466

Emerald Coast Association of REALTORS®

APN: 08-3S-19-25040-00E-0020