$1,712,500
SOLD NOV 5, 2021

Lot 7 Paradise By the Sea Ct Seacrest, FL 32461

Paradise by The Sea Neighborhood
0.46 Acre
$3,722,826 Price per Acre
20,038 Sq Ft Lot

Recently Sold

150 Days on Market

Highlights

  • Beach
  • Gulf View
  • Gated Community
  • Bay Elementary School Rated A-

About This Lot

As of July 2022

This 60-foot wide 2nd-row lot in the gated, Gulf-front community of Paradise by the Sea offers a homesite just under half an acre south of Scenic Highway 30A. Its extraordinary depth enables unique possibilities for design and layout. Alys Beach is just west of this location, while more shopping, dining, and seasonal entertainment at Town Center in Rosemary Beach is just a short walk or bike ride away. Paradise by the Sea is comprised of only 51 lots with over 1,700 feet of beach frontage. There is no build-out time requirement, so lot owners may build at their leisure. Come enjoy privacy and serenity behind the gates of this prestigious neighborhood on the eastern end of Scenic Highway 30A.

Last Agent to Sell the Property

Chris Abbott Group

Scenic Sotheby's International Realty License #BK3078996 Listed on: 05/21/2021

Last Buyer's Agent

Joiner Group

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,447

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 60' x 323' x 67' x 347'
  • Property fronts a private road

HOA Fees

  • $552 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

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

Utilities

  • Gas Available
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16020-00C-0070

Community Details

Overview

  • Association fees include accounting, ground keeping, management
  • Paradise By The Sea Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$15,447

Lot Details

0

HOA Fees

$552 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.46
  • Lot Size: 60' x 323' x 67' x 347'
  • Road Frontage Type: Private Road
  • Subdivision Name: PARADISE BY THE SEA
  • Directions: Paradise By The Sea is located on the eastern end of Scenic Highway 30A, just east Alys Beach.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Paid: Yes
  • Special Features: None

Exterior Features

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

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Gated Community, Waterfront
  • Association #2 Fee: 6620.5
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management

Schools

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

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 35-3S-18-16020-00C-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 14, 2022
Sold by
Hatcher Robert K and Hatcher Karla A
Bought by
Paradise At Alys Beach Llc
Seller's Agent
Joiner Group
Scenic Sotheby's International Realty
Buyer's Agent
Ryan Patterson
EXP Realty LLC
List Price
$2,077,000
Sold Price
$2,077,000
Current Estimated Value
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,000
Avg. Annual Appreciation
21.16%

Purchase Details

Listed on
May 21, 2021
Closed on
Nov 5, 2021
Sold by
Nielson Mary E and Mary E Nielson Trust
Bought by
Hatcher Robert K and Hatcher Karala K
Seller's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
Buyer's Agent
Joiner Group
Scenic Sotheby's International Realty
List Price
$1,712,500
Sold Price
$1,712,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.27%

Purchase Details

Closed on
Aug 21, 2019
Sold by
Nielson Mary E
Bought by
Nielson Mary E and Mary E Nielson Trust

Purchase Details

Closed on
Aug 1, 2000
Sold by
Spotnitz Seth G
Bought by
Nielson Mary E
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 Type Sale Price Title Company
Special Warranty Deed $2,077,000 None Listed On Document
Warranty Deed $1,712,500 Shoreline Title Llc
Interfamily Deed Transfer -- Accommodation
Warranty Deed $200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $2,077,000 0.0% --
06/15/2022 06/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $2,077,000 +21.3% --
11/05/2021 11/05/21 Sold $1,712,500 0.0% --
10/18/2021 10/18/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,712,500 -- --
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 $15,447 $1,700,000 $1,700,000 --
2023 $15,447 $1,700,000 $1,700,000 $0
2022 $14,497 $1,564,341 $1,564,341 $0
2021 $10,649 $1,368,267 $1,368,267 $0
2020 $10,092 $1,251,793 $1,251,793 $0
2019 $9,504 $1,215,333 $1,215,333 $0
2018 $9,064 $1,179,935 $0 $0
2017 $8,600 $1,146,600 $1,146,600 $0
2016 $8,229 $1,102,500 $0 $0
2015 $6,825 $850,000 $0 $0
2014 $4,598 $460,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 872379

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16020-00C-0070