NOT LISTED FOR SALE

Lot 73 Nautical Ct Destin, FL 32541

Estimated Value: $2,871,000 - $3,067,000

0.38 Acre
$7,772,358 Price per Acre
16,553 Sq Ft Lot

Last Sold August 01, 2016

Last sale price $165,000

Est. 1,690% increase in value since last sale

Current estimated payment $17,562/month

418 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Community Pool
  • Destin Elementary School Rated A-
  • Wooded Lot
  • Tennis Courts

About This Lot

As of August 2016

Large lakefront lot in the desirable gated golf course community of Regatta Bay. Excellent location near premier shopping, dining and Destin's beautiful beaches. Regatta Bay features 24 hour security, community pool, clubhouse, tennis courts, playground, Championship Golf Course and much more!

Last Agent to Sell the Property

ecn.rets.e2578

ecn.rets.RETS_OFFICE Listed on: 05/15/2015

Last Buyer's Agent

Lindsey Lynch

Legendary Realty LLC License #3108865

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,424

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 165 x 94 x 188 x 92
  • Lake Front
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $219 Monthly HOA Fees

Schools

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

Additional Features

  • Lake Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0730

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty, security
  • Regatta Bay Ph 2 Subdivision
  • The community has rules related to covenants

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,424

Lot Details

0

HOA Fees

$219 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.38
  • Lot Size: 165 X 94 X 188 X 92
  • Road Frontage Type: Private Road
  • Subdivision Name: REGATTA BAY PH 2
  • Directions: From Destin Commons Go East on Highway 98. Regatta Bay entrance on left. Take Regatta Blvd to Commodore Point Rd. - Turn right on Commodore Pt. Rd. then right on Nautical Ct. Lot is on the left one lot before you reach Admiral Ct.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Within 1/2 Mile to Water, Wooded
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Gated Community, Playground, Pool, Tennis
  • Association #2 Fee: 656.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 00-2S-22-0515-0000-0730
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1424.19
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Maurer Norma P and Maurer Robert D
Bought by
Adams Cynthia Jane and Cynthia Adams Generation Skipp
Current Estimated Value
$2,953,496

Purchase Details

Closed on
Aug 8, 2018
Sold by
Destin Custom Homes Builders Llc
Bought by
Maurer Norma P and Maurer Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,248,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2015
Closed on
Aug 1, 2016
Sold by
Davis Charles W
Bought by
Destin Custom Homes Bulders Llc
Seller's Agent
ecn.rets.e2578
ecn.rets.RETS_OFFICE
Buyer's Agent
Lindsey Lynch
Legendary Realty LLC
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.64%
Original Mortgage
$132,000
Interest Rate
3.48%
Mortgage Type
Commercial
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
Adams Cynthia Jane $2,495,000 Mcneese Title Llc
Maurer Norma P $1,560,000 Attorney
Destin Custom Homes Bulders Llc $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maurer Norma P $1,248,000
Previous Owner Destin Custom Homes Bulders Llc $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $165,000 0.0% --
07/06/2016 07/06/16 Pending -- -- --
05/15/2015 05/15/15 For Sale $165,000 -- --
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 $22,237 $2,115,892 $328,623 $1,787,269
2023 $22,237 $2,129,004 $307,124 $1,821,880
2022 $19,820 $1,846,351 $265,908 $1,580,443
2021 $9,783 $917,768 $0 $0
2020 $9,724 $905,097 $0 $0
2019 $9,645 $884,748 $0 $0
2018 $2,067 $179,317 $0 $0
2017 $1,970 $167,586 $0 $0
2016 $1,642 $164,300 $0 $0
2015 $1,590 $155,000 $0 $0
2014 $1,424 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 729833

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0730