NOT LISTED FOR SALE

Estimated Value: $3,864,000 - $4,390,911

0.22 Acre
$18,664,283 Price per Acre
9,540 Sq Ft Lot

Last Sold September 05, 2012

Last sale price $292,000

Est. 1,300% increase in value since last sale

Current estimated payment $24,092/month

76 Days on Market

Highlights

  • Beach
  • Fishing
  • Community Pool
  • Dune Lakes Elementary School Rated A-
  • Gated Community

About This Lot

As of September 2012

''The Retreat'' is one of the elite beach front communities in South Walton county. This gated secluded community is nestled on the white sands of the Gulf of Mexico and bordered on the west by Draper Lake. From Highway 30A you'll enjoy your drive through a beautiful forest preserve of pine, oak, magnolia and palmetto arriving at the gated entrance to ''The Retreat''. The original developer, St. Joe Company of South Walton, paid particular attention to maintaining a marvelous natural environment, architectural guidelines and exclusive unique amenities including a grand Gulf front Beach club with a gulf side dramatic infinity-edge pool and spa, 3,000 feet of beach frontage with deeded access and 1,000 feet of protected dunes. Owners and guests will also enjoy a picnic pavillion and canoe launch on Draper Lake. Draper Lake is recognized as one of natures wonderful rare designs known as a ''coastal dune lake''. Lot 77 is a large prime home site located on the west corner of Kitts and Bermuda just a short walk to the beach access and club house. Build your dream home anytime as there's no build out time required. ''The Retreat'' is a rental restricted neighborhood. Dimensions of the lot to be verified by the buyer. Buyer to pay .5% to the St. Community Fund and $4750 new buyer fee upon purchasing.

Last Agent to Sell the Property

Blake Morar

Scenic Sotheby's International Realty Brokerage Email: blake@scenicsir.com License #642603 Listed on: 06/08/2012

Scenic Sotheby's International Realty

Last Buyer's Agent

Blake Morar

Jas Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,320

Lot Details

  • Lot Dimensions are 116x108x50x107

HOA Fees

  • $396 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 12-3S-20-34700-000-0770

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty, security
  • Retreat The Subdivision

Amenities

  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$25,320

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 116X108X50X107
  • Road Surface Type: Paved Road
  • Subdivision Name: RETREAT THE
  • Directions: From Hwy 98 head south on Hwy 393 to 30A. Turn east (left) on 30A go past Basmatis and look for the sign on the right that says ''The Retreat''. Lot 77 is on the west corner of Kitts and Bermuda.
  • Attribution Contact: blake@scenicsir.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Utilities

  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Fishing, Gated Community, Minimum Rental Prd, Pavillion/Gazebo, Pool, Whirlpool, Owners Pets Allowed
  • Association #2 Fee: 4750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 12-3S-20-34700-000-0770
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Feagans Jacob and Feagans Mary
Bought by
Strength Jon P and Strength Cindy E
Current Estimated Value
$4,087,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,761,238
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$2,564,352

Purchase Details

Closed on
Jan 28, 2022
Sold by
Hagans Iii James E and Hagans Lisa
Bought by
Feagans Jacob and Feagans Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,320,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2016
Sold by
Steinmetz Robert K and Steinmetz Nancy F
Bought by
Hagans James E and Hagans Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2014
Sold by
Steinmetz Robert K and Steinmetz Nancy F
Bought by
Steinmetz Joint Revocable Living Trust and Steinmetz Nancy F

Purchase Details

Listed on
Jun 8, 2012
Closed on
Sep 5, 2012
Sold by
Drouillard Gerald H and Drouillard Gail B
Bought by
Steinmetz Robert K and Steinmetz Nancy F
Seller's Agent
Blake Morar
Scenic Sotheby's International Realty
Buyer's Agent
Blake Morar
Jas Realty Inc
List Price
$292,000
Sold Price
$292,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.94%

Purchase Details

Closed on
Sep 11, 2001
Sold by
Ssi Properties Inc
Bought by
Drouillard Gerald H and Drouillard Gail B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Strength Jon P $4,300,000 Scenic Title
Feagans Jacob $2,900,000 Shoreline Title
Hagans James E $2,150,000 Emerald Coast Title Svcs Llc
Steinmetz Joint Revocable Living Trust -- Attorney
Steinmetz Robert K $292,000 None Available
Drouillard Gerald H $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strength Jon P $1,800,000
Previous Owner Feagans Jacob $2,320,000
Previous Owner Hagans James E $1,100,000
Previous Owner Steinmetz Robert K $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2012 09/05/12 Sold $292,000 0.0% --
08/23/2012 08/23/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $292,000 -- --
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 $25,320 $3,304,907 $713,790 $2,591,117
2023 $25,320 $2,824,897 $713,790 $2,111,107
2022 $20,691 $2,645,494 $792,307 $1,853,187
2021 $16,384 $1,692,665 $511,714 $1,180,951
2020 $15,906 $1,593,382 $468,154 $1,125,228
2019 $15,356 $1,546,313 $454,519 $1,091,794
2018 $15,001 $1,504,482 $0 $0
2017 $14,617 $1,474,758 $428,428 $1,046,330
2016 $12,193 $1,255,535 $0 $0
2015 $12,299 $1,246,807 $0 $0
2014 -- $332,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 578722

Emerald Coast Association of REALTORS®

APN: 12-3S-20-34700-000-0770