NOT LISTED FOR SALE

LOT 85 Admiral Ct Destin, FL 32541

Estimated Value: $2,773,000 - $3,833,609

0.57 Acres
$6,072,870 Price per Acre
24,829 Sq Ft Lot

Last Sold June 29, 2018

Last sale price $975,000

Est. 255% increase in value since last sale

Current estimated payment $20,640/month

860 Days on Market

Highlights

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

About This Lot

As of June 2018

This beautiful Bay Front lot is located in the exclusive gated golf course community of Regatta Bay situated on 120 acres of lakes and natural preserves. Amenities include award winning golf course, club house, tennis court, pool and playground. Just a short walk to the shops , movie theater and restaurants in Destin Commons. The regatta lifestyle is so convenient and centrally located. Take your golf cart to Legendary Marina, Lulus and the new Whole Foods. This is the perfect spot to build your dream home.

Last Agent to Sell the Property

Tracey Clay

Destin Lifestyles Real Estate License #3017089 Listed on: 02/02/2016

Co-Listed By

Leslie Rudder

Destin Lifestyles Real Estate License #702109

Last Buyer's Agent

Sherry Edmundson

Adagio Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,309

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 103x214x105x205
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Cul-De-Sac
  • Interior Lot
  • Cleared Lot

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Bay Views

Schools

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

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0850

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, land recreation, legal, licenses/permits, management, master, recreational faclty, security
  • Regatta Bay Ph 1 Subdivision
  • The community has rules related to covenants

Recreation

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

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,309

Lot Details

0.57 Acres

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.57
  • Lot Size: 103X214X105X205
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: EDLF
  • Co List Office Phone: 850-830-7490
  • Subdivision Name: REGATTA BAY PH 1
  • Directions: Turn into Regatta Bay entrance from 98 and take a right at the stop sign on Commodore point. Take a right on Nautical and left on Admiral Court. Lot will be on the left.
  • Remarks Misc:Remarks: This beautiful Bay Front lot is located in the exclusive gated golf course community of Regatta Bay situated on 120 acres of lakes and natural preserves. Amenities include award winning golf course, club house, tennis court, pool and playground. Just a short walk to the shops , movie theater and restaurants in Destin Commons. The regatta lifestyle is so convenient and centrally located. Take your golf cart to Legendary Marina, Lulus and the new Whole Foods. This is the perfect spot to build your dream home.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Covenants, Cul-De-Sac, Interior, Within 1/2 Mile to Water, Build To Suit
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Build To Suit: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Golf, Picnic Area, Playground, Pool, Tennis, TV Cable, Owners Pets Allowed
  • Association #2 Fee: 601.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Land Recreation, Legal, Licenses/Permits, Management, Master Association, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 24829.2
  • Parcel #: 00-2S-22-0515-0000-0850
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6308.66
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Jun 29, 2018
Sold by
Sanford Jack C and The Jack C Sanford Revocable L
Bought by
Boyles Sills Jr Vernon Douglas and Boyles Sills Rebecca
Seller's Agent
Tracey Clay
Destin Lifestyles Real Estate
Buyer's Agent
Sherry Edmundson
Adagio Realty Inc
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$3,461,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,486,536
Avg. Annual Appreciation
17.86%

Purchase Details

Closed on
May 7, 2015
Sold by
Sanford Jack C and Sanford Jack C
Bought by
Livin Sanford Jr Jack C and Livin Jack C Sanford Revocable

Purchase Details

Closed on
May 6, 2009
Sold by
Clay William F and Clay Tracey
Bought by
Sanford Jack C and Sanford Fay T

Purchase Details

Closed on
Aug 26, 2003
Sold by
Power Michael R L and Power Roy L
Bought by
Lt Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2003
Sold by
Power Michael R
Bought by
Clay William F and Clay Tracey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boyles Sills Jr Vernon Douglas $975,000 Rodgers Kiefer Title
Livin Sanford Jr Jack C -- Attorney
Sanford Jack C -- Attorney
Sanford Jack C $575,000 Mcneese Title Llc
Lt Properties $525,000 --
Clay William F $525,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lt Properties $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $975,000 0.0% --
06/11/2018 06/11/18 Pending -- -- --
02/02/2016 02/02/16 For Sale $975,000 -- --
Source: Emerald Coast Association of REALTORS®

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
2025 $29,152 $2,809,599 -- --
2024 $27,785 $2,730,417 -- --
2023 $27,785 $2,650,890 $0 $0
2022 $23,570 $2,298,472 $1,041,522 $1,256,950
2021 $8,351 $752,225 $752,225 $0
2020 $8,041 $718,200 $718,200 $0
2019 $7,728 $679,756 $679,756 $0
2018 $7,680 $666,427 $0 $0
2017 $7,257 $622,829 $0 $0
2016 $6,480 $555,108 $0 $0
2015 $6,309 $523,687 $0 $0
2014 $6,410 $525,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tracey Clay

    Destin Lifestyles Real Estate

    (850) 259-9672

    2 in this area

    14 Total Sales

    Tracey Clay
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Leslie Rudder

    Destin Lifestyles Real Estate

    (850) 830-7490

    16 in this area

    30 Total Sales

    Leslie Rudder
    Section Image

  • S

    Buyer's Agent in 2018

    Sherry Edmundson

    Adagio Realty Inc

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 745652

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0850

Florida Okaloosa County Destin 32541

LOT 85 Admiral Ct, Destin, FL

Not Listed for Sale

Lots

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