NOT LISTED FOR SALE

Lot 5 Pine Cone Trail Inlet Beach, FL 32461

Estimated Value: $1,400,000 - $1,884,000

0.19 Acre
$8,530,221 Price per Acre
8,276 Sq Ft Lot

Last Sold May 26, 2023

Last sale price $315,000

Est. 415% increase in value since last sale

Current estimated payment $8,830/month

170 Days on Market

About This Lot

As of May 2023

Unique opportunity to purchase a premium lot in the small, private and intimate gated, upscale community of LakeSide at Inlet Beach. Lot 5 is a high and dry, oversized lot at approx. 50' wide x 150' deep with all utility hookups, water, sewer and electric. Lot 5 PineCone Trail is on the east side of this single-street gated community and backs up to a large estate lot. LakeSide at Inlet Beach is quietly set back a casual bike ride or stroll from any major roadway with access to the new Hwy 98 underpass at the Donut Hole being completed for safe and easy access to all the magic 30A offers. This intimate and private 21-lot community, offers a covered swimhouse with pool, fireplace, restrooms and private dock/lake access to the gorgeous coastal estuary Lake Powell. No short-term rental restrictions exist. Reasonable HOA covenants to protect your investment.

Last Agent to Sell the Property

Sara Violette

EXP Realty LLC License #3267072 Listed on: 11/24/2022

EXP Realty LLC

Last Buyer's Agent

Sara Violette

EXP Realty LLC License #3267072 Listed on: 11/24/2022

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $744

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property fronts a private road

HOA Fees

  • $143 Monthly HOA Fees

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Cable TV Available

Community Details

  • Sweet Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-3S-18-16110-000-0050

Property Details

Property Type

Land

Est. Annual Taxes

$744

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.19
  • Lot Size: 50x150
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: SWEET BAY
  • Directions: Turn down North Wall Street in Inlet Beach. LakeSide is a the end of the street
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Special Features: None

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 430.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 25-3S-18-16110-000-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 743.84
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Focus Const/Nw Florida Llc
Bought by
Huddleston William H and Huddleston Laurie Chandler
Current Estimated Value
$1,620,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,000
Outstanding Balance
$1,293,108
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$327,634

Purchase Details

Listed on
Nov 24, 2022
Closed on
May 26, 2023
Sold by
Todd And April Herrett Revocable Trust
Bought by
Focus Construction Of Nw Fl Llc
Seller's Agent
Sara Violette
EXP Realty LLC
Buyer's Agent
Sara Violette
EXP Realty LLC
List Price
$415,000
Sold Price
$315,000
Premium/Discount to List
-$100,000
-24.1%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.19%

Purchase Details

Listed on
Mar 15, 2019
Closed on
Apr 24, 2019
Sold by
May Thomas J and May Barbara T
Bought by
Herrett Todd W and Herrett April L
Seller's Agent
Bruce King
Beachy Beach Real Estate
Buyer's Agent
Bruce King
Beachy Beach Real Estate
List Price
$92,500
Sold Price
$92,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.93%

Purchase Details

Closed on
Nov 14, 2016
Sold by
May Thomas J
Bought by
May Thomas J and Thomas J Trust

Purchase Details

Closed on
Nov 29, 2004
Sold by
Lakeside At Inlet Beach Llc
Bought by
May Thomas J
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
Huddleston William H $1,640,000 Southern Coast Title
Focus Construction Of Nw Fl Llc $315,000 South Oak Title
Herrett Todd W $92,500 Mcneese Title Llc
May Thomas J -- Attorney
May Thomas J $429,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huddleston William H $1,312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $315,000 -20.3% --
05/13/2023 05/13/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $395,000 -4.8% --
11/24/2022 11/24/22 For Sale $415,000 +348.6% --
04/24/2019 04/24/19 Sold $92,500 0.0% -- View Prior Sale
04/02/2019 04/02/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $92,500 -- --
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 $1,130 $285,000 $285,000 --
2023 $1,130 $92,982 $0 $0
2022 $914 $114,215 $114,215 $0
2021 $744 $76,845 $76,845 $0
2020 $702 $70,304 $70,304 $0
2019 $435 $67,600 $67,600 $0
2018 $416 $65,000 $0 $0
2017 $341 $51,600 $51,600 $0
2016 $278 $40,000 $0 $0
2015 $158 $17,600 $0 $0
2014 -- $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 912462

Emerald Coast Association of REALTORS®

APN: 25-3S-18-16110-000-0050