NOT LISTED FOR SALE

LOT 83 Admiral Ct Destin, FL 32541

Estimated Value: $3,192,000 - $5,127,203

0.79 Acre
$5,303,884 Price per Acre
34,412 Sq Ft Lot

Last Sold September 19, 2012

Last sale price $550,000

Est. 662% increase in value since last sale

Current estimated payment $24,203/month

433 Days on Market

Highlights

  • Golf Course Community
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Destin Elementary School Rated A-
  • Fishing
  • Community Pool

About This Lot

As of September 2012

Bank Owned, MAKE AN OFFER.... Bay Front lot on the point in Regatta Bay with 125 feet of water front. FINANCING AVAILABLE!!!! CALL FOR DETAILS. Don't let this opportunity get by. If privacy is what you are looking for, look no further. This beautiful lot is located on Admiral Ct. which is a very quaint street in the upscale community of Regatta Bay. This is the perfect lot to build your dream home, or just hold for appreciation. There is no build-out time limit. Seawall and riprap already in place saving you thousands of dollars. Regatta Bay Golf and Country Club offers a premier golf course rated as one of the best in the state. As a property owner, you will have access to all the neighborhood amenities, tennis courts, pool and playground. Legendary Marina offers dry storage for your watercraft, Destin Commons for shopping and dining, Regatta Bay has it all - don't delay!

Last Agent to Sell the Property

John Paulsen

Crye-Leike Coastal Realty Brokerage Email: william.britton@crye-leike.com License #3058487 Listed on: 05/19/2011

Crye-Leike Coastal Realty

Last Buyer's Agent

Chris Abbott Group

Scenic Sotheby's International Realty License #BK3078996

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,794

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 295x152x125x172x156
  • Property Fronts a Bay or Harbor
  • Property fronts a private road

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Bay Views

Schools

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

Utilities

  • Water Tap or Transfer Fee
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0830

Community Details

Overview

  • Association fees include accounting, ground keeping, management, utilities, recreational faclty, security
  • Regatta Bay Ph 1 Subdivision

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$14,794

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.79
  • Lot Size: 295X152X125X172X156
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: REGATTA BAY PH 1
  • Directions: Enter Regatta Bay from Hwy 98 stay on Regatta Bay Blvd. then right on Nautical Court, left on Admiral Court. The lot will be on your left between 438 and 442 Admiral Court.
  • Attribution Contact: william.britton@crye-leike.com
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Utilities:Tap Fee Due: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Exterior Features

  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, Sewer Available, Tap Fee Due, TV Cable, Other
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Fishing, Gated Community, Golf, Picnic Area, Playground, Pool, Tennis, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 183.33
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 34412.4
  • Parcel #: 00-2S-22-0515-0000-0830
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2019
Sold by
Fant Kathleen L
Bought by
Wertz Michael F and Wertz Jennifer J
Current Estimated Value
$4,190,068

Purchase Details

Closed on
Jan 29, 2018
Sold by
Barry Brian R and Barry Heather J
Bought by
Fant Kathleen L

Purchase Details

Closed on
Apr 8, 2016
Sold by
Garey Todd and Garey Ellen
Bought by
Barry Brian R and Barry Heather J

Purchase Details

Listed on
May 19, 2011
Closed on
Sep 19, 2012
Sold by
Community Bank Destin
Bought by
Garey Todd and Garey Ellen
Seller's Agent
John Paulsen
Crye-Leike Coastal Realty
Buyer's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%
Original Mortgage
$350,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2008
Sold by
Becker Larry P
Bought by
Community Bank
Source: Public Records

Range of Values:

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Average Value
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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
Wertz Michael F $1,050,000 Attorney
Fant Kathleen L $949,000 Attorney
Barry Brian R $915,000 Aqua Title Services
Garey Todd $550,000 None Available
Community Bank $862,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fant Kathleen L $805,708
Previous Owner Garey Todd $350,000
Previous Owner Becker Larry P $963,200
Previous Owner Becker Larry P $940,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $550,000 0.0% --
07/25/2012 07/25/12 Pending -- -- --
05/19/2011 05/19/11 For Sale $550,000 -- --
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 $14,794 $3,702,098 $1,512,291 $2,189,807
2023 $14,794 $1,569,515 $1,512,290 $57,225
2021 $12,760 $953,655 $945,655 $8,000
2020 $10,196 $910,720 $902,880 $7,840
2019 $9,806 $862,550 $854,550 $8,000
2018 $8,934 $837,794 $0 $0
2017 $7,460 $634,692 $0 $0
2016 $6,603 $565,682 $0 $0
2015 $6,429 $533,662 $0 $0
2014 $6,532 $535,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 557933

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0830