$7,325,000
SOLD AUG 30, 2024
0.72 Acre
$10,173,611 Price per Acre
31,363 Sq Ft Lot

Recently Sold

8% Below List Price

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 5-minute walk to Deer Lake State Park
  • Van R. Butler Elementary School Rated A-
  • 0.72 Acre Lot

About This Lot

As of November 2024

This is an exceptional gulf front property in the prestigious gated enclave of Stallworth Preserve. One definitely has the best of both worlds as this lot offers panoramic views of the Gulf of Mexico from it's 83.5 feet of frontage, as well as views of Stallworth Lake to the north. This property also captures gorgeous views over Tops'l Hill State Preserve, giving way to miles of pristine beach preservation to the west. A set of house plans by Matt Savoie for a 7200sf home will be included in the sale of the property.

Last Agent to Sell the Property

John D'Amico

Compass License #3076398 Listed on: 08/31/2024

Compass

Last Buyer's Agent

Non Member Comp Purposes

Non Member Comp Purposes License #000000000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,655

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 83x325x85x350
  • Property fronts gulf or ocean
  • Property fronts a private road

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-3S-20-34220-000-0080

Community Details

Overview

  • Association fees include accounting, management
  • Stallworth Preserve Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$21,655

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.72
  • Lot Size: 83X325X85X350
  • Road Frontage Type: Private Road
  • Subdivision Name: STALLWORTH PRESERVE
  • Directions: Just east of Butler Elementary School, turn south onto South Bishop Rd. Take a right onto Stallworth Blvd. After entering through the gates, this property is on the left.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach
  • Association #2 Fee: 550.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management

Schools

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

Lot Info

  • Lot Size Sq Ft: 31363.2
  • Parcel #: 04-3S-20-34220-000-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21654.72
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2024
Closed on
Nov 12, 2024
Sold by
Dpei Llc
Bought by
Saacks Matthew and Saacks Karen D
Seller's Agent
John D'Amico
Compass
Buyer's Agent
Michael Savage
Destin Palms Vacations Inc
List Price
$7,200,000
Sold Price
$7,200,000

Purchase Details

Listed on
Aug 31, 2024
Closed on
Aug 30, 2024
Sold by
Orange Destin Properties Llc
Bought by
Dpei Llc
Seller's Agent
John D'Amico
Compass
Buyer's Agent
Non Member Comp Purposes
Non Member Comp Purposes
List Price
$7,999,000
Sold Price
$7,325,000
Premium/Discount to List
-$674,000
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.25%
Original Mortgage
$9,000,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2021
Closed on
May 21, 2021
Sold by
Jemison David G and Jemison Ann D
Bought by
Orange Destin Properties Llc
Seller's Agent
John D'Amico
Compass
Buyer's Agent
John D'amico Jr
Pelican Real Estate
List Price
$6,250,000
Sold Price
$6,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Feb 21, 2014
Sold by
Mitchell Sharon L
Bought by
Jemison David G and Jemison Ann D

Purchase Details

Closed on
Feb 26, 2003
Sold by
Minor Paul S
Bought by
Mitchell Sharon L
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
Warranty Deed $7,200,000 None Listed On Document
Warranty Deed $7,200,000 None Listed On Document
Warranty Deed $7,325,000 None Listed On Document
Warranty Deed $6,250,000 Mcgill Escrow & Title
Warranty Deed $1,675,000 Mcgill Escrow & Title Llc
Warranty Deed $1,175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,000,000 New Conventional
Previous Owner $6,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2024 12/29/24 For Sale $7,200,000 0.0% --
11/12/2024 11/12/24 Sold $7,200,000 -1.7% --
10/23/2024 10/23/24 Pending -- -- --
08/30/2024 08/30/24 Sold $7,325,000 -0.7% --
08/25/2024 08/25/24 Off Market $7,375,000 -- --
04/30/2023 04/30/23 Off Market $6,250,000 -- --
04/14/2023 04/14/23 Price Changed $7,375,000 +5.4% --
11/15/2022 11/15/22 Price Changed $6,999,000 -3.4% --
09/23/2022 09/23/22 Price Changed $7,249,000 -2.7% --
09/02/2022 09/02/22 Price Changed $7,449,000 -6.9% --
08/04/2022 08/04/22 For Sale $7,999,000 +28.0% --
05/21/2021 05/21/21 Sold $6,250,000 0.0% --
05/21/2021 05/21/21 For Sale $6,250,000 -- --
05/06/2021 05/06/21 Pending -- -- --
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 $48,576 $5,346,000 $5,346,000 --
2023 $48,576 $5,346,000 $5,346,000 $0
2022 $53,107 $5,730,540 $5,730,540 $0
2021 $21,655 $2,270,702 $2,270,702 $0
2020 $20,377 $2,077,407 $2,077,407 $0
2019 $19,072 $2,016,900 $2,016,900 $0
2018 $17,151 $1,782,000 $0 $0
2017 $15,805 $1,678,797 $1,678,797 $0
2016 $14,574 $1,537,745 $0 $0
2015 $12,648 $1,244,281 $0 $0
2014 $9,229 $1,023,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 898105

Emerald Coast Association of REALTORS®

APN: 04-3S-20-34220-000-0080