NOT LISTED FOR SALE

Estimated Value: $4,075,000 - $4,588,000

0.22 Acre
$19,637,441 Price per Acre
9,583 Sq Ft Lot

Last Sold May 21, 2020

Last sale price $680,000

Est. 535% increase in value since last sale

Current estimated payment $25,984/month

185 Days on Market

Highlights

  • Beach
  • Fishing
  • Wooded Lot
  • Bay Elementary School Rated A-
  • Gulf View
  • Interior Lot

About This Lot

As of May 2020

Gulf Trace is an 86 lot community platted in June of 1980. Completely surrounded by state park land on three sides with the Gulf of Mexico to the South...this is one of the most private communities along 30A. There are only 8 vacant lots left in Gulf Trace and this interior lot looks directly down Dune Dr and backs up to the State Park. A quick three minute walk to the beach with two beach accesses take you to the beautiful emerald water of the Gulf of Mexico. The outflow of Alligator Lake borders the East side of the subdivision and Grayton Beach State Park cabins border the subdivision to the North and West.
One of a kind property with awesome potential. Your backyard backs up to state park land which is undeveloped giving you the feel of a huge privacy yard. Walk to over 10 restaurants and the shops of Grayton ... located in Grayton Beach to the East. Walk or bike to Redfish Village and Blue Mountain Beach to the West and don't forget to get your ice cream at the Blue Mountain Creamery. All dimensions are estimates and Buyer should verify that which they deem important.

Last Agent to Sell the Property

Scott Provow

Scott Provow Realty License #3116665 Listed on: 09/09/2019

Last Buyer's Agent

Jon Miller

Summer Place Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,689

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Property fronts a private road
  • Property fronts an easement
  • Interior Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

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

Utilities

  • Gas Available
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 08-3S-19-25020-00D-0050

Community Details

Overview

  • Association fees include management, master
  • Gulf Trace Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$3,689

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.22
  • Lot Size: 80x125
  • Road Frontage Type: Private Road, Easement
  • Road Surface Type: Paved Road
  • Subdivision Name: GULF TRACE
  • Directions: From the intersection of Hwy 283 and C30A proceed West on 30A passing Alligator Lake on your left and right make your next left turn into the Gulf Trace Subdivision. Lot is 8th lot on your right ... at the intersection of Dune Dr and Savelle Dr.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Due: Yes
  • Utilities:Community Water: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Interior, Level, Within 1/2 Mile to Water, Wooded
  • View: Gulf
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes

Utilities

  • Utilities: Community Water, Electric, Public Sewer, Public Water, Sewer Available, Tap Fee Due, Gas Available

Condo/Co-op/Association

  • Community Features: Beach, Fishing, Pets Allowed
  • Association #2 Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Management, Master Association

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 08-3S-19-25020-00D-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3689.31
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2020
Sold by
Atlas Exchange 198 Llc
Bought by
Schwartz Edward S and Schwartz Joanne
Current Estimated Value
$4,320,237

Purchase Details

Listed on
Sep 9, 2019
Closed on
May 21, 2020
Sold by
Newton Stephen S and Newton Colette M
Bought by
Atlas Exchange 198 Llc
Seller's Agent
Scott Provow
Scott Provow Realty
Buyer's Agent
Jon Miller
Summer Place Realty Inc
List Price
$680,000
Sold Price
$680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.52%

Purchase Details

Closed on
Feb 13, 2017
Sold by
Jones Walter G
Bought by
Newton Stephen S and Newton Colette M

Purchase Details

Closed on
Jul 13, 2001
Sold by
Mccrary Jane G
Bought by
Jones Walter G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back
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
Schwartz Edward S -- Coastal Land Title Llc
Atlas Exchange 198 Llc $675,000 Mcneese Title Llc
Newton Stephen S $465,000 None Available
Jones Walter G $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Walter G $106,535
Previous Owner Jones Walter G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $680,000 0.0% --
03/12/2020 03/12/20 Pending -- -- --
09/09/2019 09/09/19 For Sale $680,000 -- --
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 $28,827 $3,186,873 $615,000 $2,571,873
2023 $28,827 $3,172,507 $600,634 $2,571,873
2022 $27,006 $2,927,376 $666,704 $2,260,672
2021 $5,645 $583,140 $583,140 $0
2020 $3,918 $392,533 $392,533 $0
2019 $3,785 $381,100 $381,100 $0
2018 $3,689 $370,000 $0 $0
2017 $2,682 $325,000 $325,000 $0
2016 $2,182 $240,750 $0 $0
2015 $2,051 $225,000 $0 $0
2014 $1,649 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 830995

Emerald Coast Association of REALTORS®

APN: 08-3S-19-25020-00D-0050