NOT LISTED FOR SALE

Lot 4 Emerald Bay Dr W Destin, FL 32541

Estimated Value: $827,000

1.31 Acres
$631,298 Price per Acre
57,064 Sq Ft Lot

Last Sold June 11, 2020

Last sale price $575,000

Est. 44% increase in value since last sale

Current estimated payment $5,114/month

57 Days on Market

Highlights

  • Home fronts a seawall
  • Golf Course Community
  • Gated Community
  • Destin Elementary School Rated A-
  • Bay View
  • Community Pool

About This Lot

As of June 2020

BRAND NEW SEA WALL + RIP RAP! Stunning and spacious waterfront lot in the golf course community of Emerald Bay West. This land is over an acre and boasts an impressive 200+ ft (approximate) of water frontage. Plenty of space for a dock and your boat. The uniqueness of the peninsula shaped lot provides expansive views into the Choctawhatchee Bay. This is a very private lot and a must see if you are looking to build your dream home on the water. The Choctawhatchee Bay provides an excellent year round fishery, optimal boating opportunities, and fantastic wildlife. Easy access to the Gulf of Mexico & just a short boat ride away to the Destin pass. The beautiful community of Emerald Bay is home to a world-class golf course, country club, & tennis courts.

Last Agent to Sell the Property

Megan Dwyer

Davis Properties Of Nw Fl Listed on: 03/02/2020

Co-Listed By

Brian Beasley

Davis Properties Of Nw Fl

Last Buyer's Agent

Tiffani Salinas

Compass License #3422125

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,544

Lot Details

  • 1.31 Acre Lot
  • Lot Dimensions are 142 x 317
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts a private road

HOA Fees

  • $97 Monthly HOA Fees

Property Views

  • Bay Views

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-018B-0000-0040

Community Details

Overview

  • Association fees include ground keeping, insurance, security
  • Emerald Bay West Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Bulkhead

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,544

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 1.31
  • Lot Size: 142 x 317
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: EDPN
  • Co List Office Phone: 850-231-2025
  • Subdivision Name: EMERALD BAY WEST
  • Directions: Located off Highway 98 in between the Destin Commons and Miramar Beach, turn into Emerald Bay. Drive through the guard gate, past the country club, and take that road straight until it curves and becomes Emerald Bay Drive. Continue straight on Emerald Bay Drive until you enter Emerald Bay West. Lot 4 is just past the Emerald Bay West sign on the bayside.
  • Utilities:Sewer Available: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Bulkhead/Seawall
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Lot Features:BulkheadSeawall: Yes

Utilities

  • Utilities: Sewer Available

Condo/Co-op/Association

  • Community Features: Gated Community, Golf, Pool, Tennis
  • Association #2 Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Security

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 57063.6
  • Parcel #: 00-2S-22-018B-0000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5543.79
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jul 9, 2020
Sold by
Vandegrift Brenda A and Dziewit Joseph S
Bought by
Dziewit Joseph Stanley and Vandegrift Brenda Andrea
Seller's Agent
Megan Dwyer
Davis Properties Of Nw Fl
Buyer's Agent
Tiffani Salinas
Compass
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$827,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,000
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jun 11, 2020
Sold by
Risk Botros R M B and Botros Sizk Mitry
Bought by
Katz Judy Barry If and Katz Judy F
Seller's Agent
Megan Dwyer
Davis Properties Of Nw Fl
Buyer's Agent
Tiffani Salinas
Compass
List Price
$575,000
Sold Price
$575,000

Purchase Details

Closed on
Jan 10, 2017
Sold by
Botros Rizk Botros Rizk Miry
Bought by
The Bortos Rizk Mitry Botros Rizk Trust

Purchase Details

Closed on
Feb 14, 2008
Sold by
Quinn Christopher W
Bought by
Bank Of New York and Holders Cwabs Inc Asset Backed Certifica

Purchase Details

Closed on
May 10, 2005
Sold by
Lichorwic Dennis W
Bought by
Rizk Botros Rizk Mitry Botros and Rizk Mary George Nawar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 6, 2001
Sold by
Swanson Colleen and Swanson John
Bought by
Swanson John Elwood and Swanson Colleen Elaine

Purchase Details

Closed on
Aug 14, 2000
Sold by
Bobzien Hugo J Jr Trustee
Bought by
Lichorwic Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.17%
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
Dziewit Joseph Stanley -- Attorney
Katz Judy Barry If $575,000 Attorney
The Bortos Rizk Mitry Botros Rizk Trust -- Attorney
Bank Of New York $6,000 Attorney
Rizk Botros Rizk Mitry Botros $1,300,000 Mcneese Title Llc
Swanson John Elwood -- --
Lichorwic Dennis W $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rizk Botros Rizk Mitry Botros $1,300,000
Previous Owner Lichorwic Dennis W $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2023 04/30/23 Off Market $575,000 -- --
06/11/2020 06/11/20 Sold $575,000 0.0% --
04/28/2020 04/28/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $575,000 +30.7% --
06/30/2016 06/30/16 Sold $440,000 0.0% -- View Prior Sale
05/23/2016 05/23/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $440,000 -- --
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 $7,595 $747,871 $747,871 --
2023 $7,595 $747,871 $747,871 $0
2022 $6,795 $647,507 $647,507 $0
2021 $6,230 $561,183 $561,183 $0
2020 $5,999 $535,800 $535,800 $0
2019 $5,614 $493,786 $493,786 $0
2018 $5,579 $484,104 $0 $0
2017 $5,544 $471,688 $0 $0
2016 $5,048 $432,458 $0 $0
2015 $4,915 $407,979 $0 $0
2014 $4,994 $409,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Megan Dwyer

    Davis Properties Of Nw Fl

  • B

    Seller Co-Listing Agent in 2020

    Brian Beasley

    Davis Properties Of Nw Fl

  • Tiffani Salinas

    Buyer's Agent in 2020

    Tiffani Salinas

    Compass

    (850) 502-9233

    88 Total Sales

    Tiffani Salinas
    Section Image

  • J

    Seller's Agent in 2016

    John Cook

    Coldwell Banker Realty

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 792916

Emerald Coast Association of REALTORS®

APN: 00-2S-22-018B-0000-0040

Florida Okaloosa County Destin 32541

Lot 4 Emerald Bay Dr W, Destin, FL

This home is located at Lot 4 Emerald Bay Dr W, Destin, FL 32541 since 02 March 2020 and is currently estimated at $827,000. Lot 4 Emerald Bay Dr W is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach 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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