NOT LISTED FOR SALE

Lot 4 Blue Coast Ct Inlet Beach, FL 32461

Estimated Value: $2,254,000 - $3,070,340

0.06 Acre
$42,859,750 Price per Acre
2,614 Sq Ft Lot

Last Sold March 14, 2018

Last sale price $397,500

Est. 547% increase in value since last sale

Current estimated payment $15,514/month

177 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Community Pool
  • Bay Elementary School Rated A-
  • Gulf View

About This Lot

As of March 2018

Ideally located in The Cottages at Inlet Beach is Lot 4 on Blue Coast Court. With deeded access to 170 plus feet of private neighborhood owned beach, here you will discover a relaxing, sophisticated lifestyle with all the amenities, including community swimming pool with pool house. Within close proximity to Rosemary Beach, Seacrest Beach and Alys Beach with wonderful shopping, dining, golf and more, The exclusive 15 lot neighborhood of The Cottages at Inlet Beach offers your own piece of paradise as you design your custom home that will boast incredible gulf views overlooking the dunes. Sellers have a set of 2,484 sq. ft. house plans completed by Ed Rolen of Rolen Studios that will convey with the property. This is the perfect site for a classic beach home with every modern convenience.

Last Agent to Sell the Property

Chris Abbott Group

Scenic Sotheby's International Realty License #BK3078996 Listed on: 07/26/2017

Last Buyer's Agent

Jeff Johnston

30A Local Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,829

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 43.44' x 61.08'
  • Cleared Lot

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16150-000-0040

Community Details

Overview

  • Association fees include accounting, insurance, licenses/permits, utilities, repairs/maintenance
  • Cottages At Inlet Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool
  • Deeded access to the beach

Property Details

Property Type

Land

Est. Annual Taxes

$16,829

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.06
  • Lot Size: 43.44' x 61.08'
  • Subdivision Name: COTTAGES AT INLET BEACH
  • Directions: From the east intersection of Hwy 30A & Hwy 98, turn east onto Hwy 98. Turn right onto S. Walton Lakeshore Drive. Turn right onto W. Park Place Ave. Turn left into neighborhood onto Blue Coast Court. Lot will be on the right.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Tap Fee Paid: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Covenants, Restrictions, Within 1/2 Mile to Water
  • View: Gulf
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pool, Waterfront
  • Association #2 Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Licenses/Permits, Other Utilities, Repairs/Maintenance

Schools

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

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 36-3S-18-16150-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
3 Fish Coastal Cottage Llc
Bought by
Gazzola Edward A and Gazzola Bonnie R
Current Estimated Value
$2,571,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$780,655
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,717,425

Purchase Details

Listed on
Jul 26, 2017
Closed on
Mar 14, 2018
Sold by
Pino Carlos and Pino Jennifer W
Bought by
3 Fish Coastal Cottage Llc
Seller's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
Buyer's Agent
Jeff Johnston
30A Local Real Estate
List Price
$397,500
Sold Price
$397,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.98%
Original Mortgage
$404,865
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2013
Sold by
Lewis David A
Bought by
Pino Carlos and Pino Jennifer W

Purchase Details

Closed on
Jan 7, 2010
Sold by
Rbc Bank Usa
Bought by
David A Lewis Revocable Living Trust

Purchase Details

Closed on
Dec 17, 2009
Sold by
Langhorne Carolee and Langhorne Carolee B
Bought by
Rbc Centura Bank

Purchase Details

Closed on
Jul 26, 2007
Sold by
Langhorne Carolee B
Bought by
Walco Prop Llc

Purchase Details

Closed on
Sep 27, 2004
Sold by
Inlet Beach Investors Llc
Bought by
Langhorne Carolee B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Gazzola Edward A $1,250,000 Attorney
3 Fish Coastal Cottage Llc $397,500 Attorney
Pino Carlos $127,400 Attorney
David A Lewis Revocable Living Trust $89,900 Attorney
Rbc Centura Bank $25,100 None Available
Walco Prop Llc -- None Available
Langhorne Carolee B $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gazzola Edward A $880,000
Previous Owner Midsouth Bank $397,311
Previous Owner 3 Fish Coastal Cottage Llc $404,865
Previous Owner Langhorne Carolee $370,000
Previous Owner Langhorne Carolee B $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $397,500 0.0% --
01/19/2018 01/19/18 Pending -- -- --
07/26/2017 07/26/17 For Sale $397,500 -- --
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 $16,829 $2,344,764 $915,395 $1,429,369
2023 $16,829 $1,405,858 $0 $0
2022 $14,219 $1,819,513 $553,695 $1,265,818
2021 $11,247 $1,161,866 $356,890 $804,976
2020 $10,910 $1,092,890 $326,510 $766,380
2019 $3,148 $317,000 $317,000 $0
2018 $2,383 $293,285 $0 $0
2017 $2,254 $285,000 $285,000 $0
2016 $1,861 $218,280 $0 $0
2015 $1,753 $204,000 $0 $0
2014 $1,289 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 780151

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16150-000-0040