NOT LISTED FOR SALE

Lot 5A Walton Way Miramar Beach, FL 32550

Estimated Value: $2,172,000

1.03 Acres
$2,108,738 Price per Acre
44,867 Sq Ft Lot

Last Sold August 12, 2022

Last sale price $1,325,000

Est. 64% increase in value since last sale

Current estimated payment $12,152/month

1 Day on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Van R. Butler Elementary School Rated A-
  • 1.03 Acre Lot

About This Lot

As of August 2022

Primely positioned with 100' of frontage on Choctawhatchee Bay, this exceptional residential homesite offers expansive water views juxtaposed the coveted boating lifestyle that bay front living affords. The seller has reinforced this property with a vinyl seawall to ensure enjoyment of the pristine shoreline. This property boasts just over one acre of total footage generously proportioned with over 400' of depth to accommodate a sprawling coastal residence with excellent proximity to world class shopping, dining and local entertainment including the Sandestin Golf & Beach Resort as well as the Whole Foods at Destin Commons.

Last Agent to Sell the Property

Spears Group

Compass Listed on: 07/08/2022

Compass

Last Buyer's Agent

Alysha Neidert

Keller Williams Realty Destin

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,463

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 100 x 450
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end

Schools

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

Additional Features

  • Bay Views
  • Water Tap or Transfer Fee

Community Details

  • Whispering Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-2S-21-42400-00A-0050

Property Details

Property Type

Land

Est. Annual Taxes

$4,463

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 1.03
  • Lot Size: 100 x 450
  • Road Surface Type: Paved Road
  • Subdivision Name: WHISPERING OAKS
  • Directions: From Highway 98, Turn North at Lights onto N Holiday Rd 0.4 mi Turn left onto Forest Shore Dr 0.6 mi Turn right onto Walton Way LOT is BETWEEN 290 Walton Way (house to right of lot) and 324 Walton way (house to left of lot).
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Utilities:Tap Fee Due: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Dead End, Survey Available, Within 1/2 Mile to Water
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Dead End: Yes

Utilities

  • Utilities: Tap Fee Due

Condo/Co-op/Association

  • Community Features: Waterfront

Schools

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

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 19-2S-21-42400-00A-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4463.05
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Kelvin R Davidson Administrative Trust and Kelvin R Davidson Revocable Living Trust
Bought by
Asset Builds Llc
Current Estimated Value
$2,172,000

Purchase Details

Closed on
Apr 11, 2023
Sold by
Davidson Kelvin
Bought by
Kelvin R Davidson Trust

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 12, 2022
Sold by
Dawn Foy and Dawn T
Bought by
Davidson Kelvin
Seller's Agent
Spears Group
Compass
Buyer's Agent
Alysha Neidert
Keller Williams Realty Destin
List Price
$1,390,000
Sold Price
$1,325,000
Premium/Discount to List
-$65,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%
Original Mortgage
$790,200
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2022
Closed on
Jan 31, 2022
Sold by
Bairan William Guillermo Castillo and Bairan Li
Bought by
Foy John and Foy Dawn T
Seller's Agent
Wendy Rulnick
Rulnick Realty Inc
Buyer's Agent
Paul Shorey
ERA American Real Estate
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.34%

Purchase Details

Closed on
Aug 10, 2006
Sold by
Bairan William C and Bairan Libby Annette
Bought by
Bairan William C and Bairan Libby Annette
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
Asset Builds Llc $1,500,000 Burke Law & Title
Asset Builds Llc $1,500,000 Burke Law & Title
Kelvin R Davidson Trust -- None Listed On Document
Davidson Kelvin $1,325,000 Aqua Title Services
Foy John $950,000 Aqua Title Services
Bairan William C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davidson Kelvin $790,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $1,325,000 -4.7% --
07/09/2022 07/09/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $1,390,000 +46.3% --
01/31/2022 01/31/22 Sold $950,000 0.0% -- View Prior Sale
01/20/2022 01/20/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $950,000 -- --
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 $9,404 $1,138,500 $1,138,500 --
2023 $9,404 $1,035,000 $1,035,000 $0
2022 $5,597 $711,645 $711,645 $0
2021 $4,463 $461,073 $461,073 $0
2020 $4,211 $421,824 $421,824 $0
2019 $3,934 $405,600 $405,600 $0
2018 $3,699 $390,000 $0 $0
2017 $3,166 $319,456 $319,456 $0
2016 $3,074 $307,169 $0 $0
2015 $2,918 $287,074 $0 $0
2014 $2,690 $260,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Rulnick

    Seller's Agent in 2022

    Wendy Rulnick

    Rulnick Realty Inc

    (850) 259-0422

    7 in this area

    38 Total Sales

    Wendy Rulnick
    Section Image

  • S

    Seller's Agent in 2022

    Spears Group

    Compass

    (850) 710-2114

    48 in this area

    324 Total Sales

    Spears Group
    Section Image

  • P

    Buyer's Agent in 2022

    Paul Shorey

    ERA American Real Estate

  • -

    Buyer's Agent in 2022

    - Ecn.rets.e5612

    ecn.rets.RETS_OFFICE

  • A

    Buyer's Agent in 2022

    Alysha Neidert

    Keller Williams Realty Destin

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 903145

Emerald Coast Association of REALTORS®

APN: 19-2S-21-42400-00A-0050

Florida Walton County Miramar Beach 32550

Lot 5A Walton Way, Miramar Beach, FL

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