NOT LISTED FOR SALE

Estimated Value: $5,200,309

0.2 Acre
$26,001,545 Price per Acre
8,712 Sq Ft Lot

Last Sold June 08, 2022

Last sale price $5,100,000

Est. 2% increase in value since last sale

Current estimated payment $32,773/month

65 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Community Pool

About This Lot

As of June 2022

Build the beach home of your dreams with endless sunrise and sunset views over the Gulf of Mexico on this gulf-front lot, one of the last remaining in the exclusive, gated, non-rental community of The Retreat. Enjoy 65 feet of water frontage with no commencement of construction obligation and survey already available. Positioned along Scenic Highway 30A and equal parts secluded but near the heart of the action, The Retreat boasts native forests, a rare coastal dune lake and 3,000 feet of private beach. Check out the community website www.theretreatsowal.com. Community amenities include a revamped waterfront Beach Club slated for completion in late May 2022, featuring two levels with gulf views; a state-of-the-art, negative-edge heated pool; 600 square feet of air-conditioned space to accommodate community functions; and, new furniture and landscaping to complete the significant upgrade. Plans were designed by architect Tim McNamara.

Last Agent to Sell the Property

Cliff Cohen

Scenic Sotheby's International Realty Brokerage Email: cliff@scenicsir.com License #541210 Listed on: 02/06/2022

Scenic Sotheby's International Realty

Co-Listed By

Cynthia Cobine

Scenic Sotheby's International Realty Brokerage Email: cliff@scenicsir.com License #3102606

Last Buyer's Agent

Blake Morar Group

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,751

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65 x 267 x 66 x 253
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Property fronts an easement

HOA Fees

  • $458 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

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

Utilities

  • Underground Utilities
  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12-3S-20-34700-000-0040

Community Details

Overview

  • Association fees include ground keeping, land recreation, management, master, recreational faclty, security, trash
  • The Retreat Subdivision
  • The community has rules related to covenants, exclusive easements

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room
  • Community Storage Space

Recreation

  • Beach
  • Community Pool
  • Deeded access to the beach

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$29,751

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Lot Size: 65 x 267 x 66 x 253
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: EDR3
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: The Retreat
  • Directions: From Old Blue Mountain Road, take a right onto W Co Hwy 30A to Retreat Drive and take a left and follow til you get to ST. Lucia Ln and turn left and the lot will be on the right the fourth from the end.
  • Attribution Contact: cliff@scenicsir.com
  • Utilities Electric: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Easements, Restrictions, Survey Available, Within 1/2 Mile to Water
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes

Utilities

  • Utilities: Community Sewer, Community Water, Electric, Public Sewer, Public Water, TV Cable, Underground, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, Separate Storage, TV Cable, Waterfront
  • Association #2 Fee: 5500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Land Recreation, Management, Master Association, Recreational Faclty, Security, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 12-3S-20-34700-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 29750.91
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2022
Closed on
Jun 8, 2022
Sold by
Kk Trust
Bought by
Hawkins Joseph Edward and Hawkins Janice Warner
Seller's Agent
Cliff Cohen
Scenic Sotheby's International Realty
Buyer's Agent
Blake Morar Group
Scenic Sotheby's International Realty
List Price
$5,100,000
Sold Price
$5,100,000
Total Days on Market
65
Current Estimated Value
$5,200,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,309
Avg. Annual Appreciation
0.70%

Purchase Details

Closed on
Mar 16, 2021
Sold by
Graves White Sands Llc
Bought by
Krishnan Kiran and Krishnan Erin Elizabeth

Purchase Details

Closed on
Sep 2, 2020
Sold by
Graves Jamalyn H and Jamalyn H Graves Living Trust
Bought by
Graves White Sands Llc

Purchase Details

Closed on
Mar 17, 2015
Sold by
Graves Jamalyn H and Graves William W
Bought by
Graves Jamalyn H and Jamalyn H Graves Living Trust

Purchase Details

Closed on
Mar 1, 2015
Bought by
Graves Jamalyn H Living Trust

Purchase Details

Closed on
Aug 19, 2010
Sold by
Schmidt Lawrence F
Bought by
Graves Jamalyn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.6%

Purchase Details

Closed on
Mar 24, 2004
Sold by
Morris Charles B and Charles B Morris Living Trust
Bought by
Schmidt Lawrence F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,406,250
Interest Rate
5.62%

Purchase Details

Closed on
Aug 29, 2003
Sold by
Morris Charles B
Bought by
Morris Charles B and Charles B Morris Sr Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,215,000
Interest Rate
6.13%

Purchase Details

Closed on
Jun 24, 2002
Sold by
Vaughn Mike Haskel and Vaughn Anna
Bought by
Mullins Hal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
6.86%
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
Hawkins Joseph Edward $5,100,000 Shoreline Title
Krishnan Kiran $3,650,000 Attorney
Graves White Sands Llc -- Accommodation
Graves Jamalyn H -- None Available
Graves Jamalyn H Living Trust $100 --
Graves Jamalyn H $1,475,000 Dba Aqua Title Inc
Schmidt Lawrence F $1,875,000 Southern Escrow & Title Llc
Morris Charles B -- --
Morris Charles B $1,326,100 --
Mullins Hal S $930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graves Jamalyn H $600,000
Previous Owner Schmidt Lawrence F $1,406,250
Previous Owner Morris Charles B $1,215,000
Previous Owner Mullins Hal S $744,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $5,100,000 0.0% --
04/12/2022 04/12/22 Pending -- -- --
02/06/2022 02/06/22 For Sale $5,100,000 -- --
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 $37,481 $4,125,000 $4,125,000 --
2023 $37,481 $4,125,000 $4,125,000 $0
2022 $30,909 $3,335,235 $3,335,235 $0
2021 $29,751 $3,073,536 $3,073,536 $0
2020 $24,733 $2,811,900 $2,811,900 $0
2019 $23,224 $2,730,000 $2,730,000 $0
2018 $20,114 $2,264,848 $0 $0
2017 $20,897 $2,586,919 $0 $0
2016 $20,238 $2,547,921 $0 $0
2015 $17,402 $2,061,675 $0 $0
2014 -- $1,700,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 890595

Emerald Coast Association of REALTORS®

APN: 12-3S-20-34700-000-0040