NOT LISTED FOR SALE

Lot 8 Pine Cone Trail Inlet Beach, FL 32461

Estimated Value: $1,647,197 - $2,084,000

0.25 Acre
$7,661,196 Price per Acre
10,890 Sq Ft Lot

Last Sold November 10, 2017

Last sale price $75,000

Est. 2,454% increase in value since last sale

Current estimated payment $11,000/month

3 Days on Market

Highlights

  • Waterfront Community
  • Fishing
  • 0.25 Acre Lot
  • Bay Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Lot

As of November 2017

Lakeside at Inlet Beach, aka Sweet Bay, is a gated subdivision of 21 lots at the happ'nin'end of the 30A & Hwy. 98 corridor. Located near Rosemary, Seacrest, Alys Beach, and 30Avenue, there are unique shops, markets, and restaurants galore to explore. The cool neighborhood pool house provides bathrooms, dressing area, and a great outdoor fireplace. There is a beautiful swimming pool, and grilling area. There are sidewalks, underground utilities, and no build out time. Access to the white sandy beaches of the Gulf of Mexico is less than a mile away at the park on West Park Place. So close to all the exciting activities,yet it provides a shady respite when you want to retreat to the comforts of your own neighborhood.

Last Agent to Sell the Property

Alda Sileo

Alda Sileo Realty Inc License #697051 Listed on: 10/07/2017

Last Buyer's Agent

Test Test

ECN - Unknown Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,672

Year Built

  • 2023

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Interior Lot

HOA Fees

  • $110 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Water Tap Fee Is Paid

Listing and Financial Details

  • Assessor Parcel Number 25-3S-18-16110-000-0080

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty, repairs/maintenance
  • Sweet Bay Subdivision
  • The community has rules related to covenants

Recreation

  • Waterfront Community
  • Community Pool
  • Fishing

Additional Features

  • Community Pavilion
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,672

Year Built

2023

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Lot Size: ~68x165 irregular
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: SWEET BAY (AKA Lakeside at Inlet Beach)
  • Directions: From Hwy. 98 in Inlet Beach, turn north on Wall Street, next to The DoNut Hole. When Wall St. dead ends, take right(east) on Pinewood Lane. In less than 0.1 mile, gate to Lakeside at Inlet Beach will be on left(north).
  • Utilities Electric: Yes
  • Special Features: None
  • Year Built (Public Record): 2023

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Curb & Gutter, Interior, Restrictions, Sidewalk, Storm Sewer, Within 1/2 Mile to Water
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Curb Gutter: Yes
  • Lot Features:Storm Sewer: Yes

Utilities

  • Utilities: Community Sewer, Community Water, Electric, Tap Fee Paid, Underground

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Pavillion/Gazebo, Pool, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 329.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty, Repairs/Maintenance

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 25-3S-18-16110-000-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Preslaski Luke
Bought by
Meet Me By The Ocean Llc
Total Days on Market
3
Current Estimated Value
$1,915,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,330,124
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$496,134

Purchase Details

Closed on
Jan 14, 2022
Sold by
Thompson Tamara N
Bought by
Preslaski Luke

Purchase Details

Listed on
Oct 7, 2017
Closed on
Nov 10, 2017
Sold by
Holloway John M
Bought by
Thompson Tamara N
Seller's Agent
Alda Sileo
Alda Sileo Realty Inc
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.46%
Original Mortgage
$150,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2004
Sold by
Lakeside At Inlet Beach Llc
Bought by
Holloway John M
Source: Public Records

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Range of Values:

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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
Meet Me By The Ocean Llc $1,800,000 30A Title Llc
Preslaski Luke $225,000 South Oak Title
Thompson Tamara N $75,000 Mcneese Title Llc
Holloway John M $699,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meet Me By The Ocean Llc $1,350,000
Previous Owner Preslaski Luke $400,000
Previous Owner Thompson Tamara N $58,500
Previous Owner Thompson Tamara N $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2017 11/10/17 Sold $75,000 0.0% --
10/10/2017 10/10/17 Pending -- -- --
10/07/2017 10/07/17 For Sale $75,000 -- --
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 $1,672 $1,037,833 $299,250 $738,583
2023 $1,672 $184,000 $184,000 $0
2022 $914 $114,215 $114,215 $0
2021 $744 $76,845 $76,845 $0
2020 $702 $70,304 $70,304 $0
2019 $671 $67,600 $67,600 $0
2018 $648 $65,000 $0 $0
2017 $341 $51,600 $51,600 $0
2016 $278 $40,000 $0 $0
2015 $158 $17,600 $0 $0
2014 -- $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 784541

Emerald Coast Association of REALTORS®

APN: 25-3S-18-16110-000-0080