NOT LISTED FOR SALE

Lot 9 Bk B Paradise By the Sea Blvd Seacrest, FL 32461

Paradise by The Sea Neighborhood

Estimated Value: $7,813,000 - $9,322,000

0.3 Acre
$27,865,477 Price per Acre
13,068 Sq Ft Lot

Last Sold April 30, 2015

Last sale price $1,200,000

Est. 597% increase in value since last sale

Current estimated payment $49,546/month

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Gated Community

About This Lot

As of April 2015

One tier from the gulf in the sought after community of Paradise By The Sea, primely located immediately adjacent to Alys Beach and just west of Rosemary Beach and noted for its high level of privacy and exclusivity. This estate-sized homesite, sitting one back from the gulf-front, will accommodate a primary residence, carriage house and a private pool and convey gulf views. With just 51 homesites, all large, estate-sized properties that have defined the community, Paradise By The Sea shares more than 1,700 feet of deeded private beach frontage. No build-out requirement and low assessment fees. An exceptional opportunity for a discriminating buyer.

Last Agent to Sell the Property

Erin Oden

Coastal Luxury License #3115838 Listed on: 02/16/2015

Last Buyer's Agent

Jim Dixon

Berkshire Hathaway HomeServices

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,414

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 250 x 59 x 200 x 83
  • Property fronts a county road
  • Interior Lot

HOA Fees

  • $108 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

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

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16020-00B-0090

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, management, security
  • Paradise By The Sea Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Fishing
  • Deeded access to the beach

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,414

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.3
  • Lot Size: 250 x 59 x 200 x 83
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Subdivision Name: PARADISE BY THE SEA
  • Directions: Approximately 1/2 mile west of Rosemary Beach on the south side of 30A. Turn into gated entrance on Paradise by the Sea Blvd. Follow it as the road curves around to the right. Lot 9 is on the right side of the road, 4th lot from the curve.
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Aerials/Topo Availbl, Covenants, Interior, Restrictions, Survey Available, Within 1/2 Mile to Water, Build To Suit
  • View: Gulf
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Build To Suit: Yes
  • Lot Features:AerialsTopo Availbl: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Fishing, Gated Community, Pets Allowed, TV Cable, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 1296.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Management, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 35-3S-18-16020-00B-0090
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4414.15
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Dixon James B and Dixon Camille B
Bought by
Seacrest Management Llc
Current Estimated Value
$8,359,643

Purchase Details

Listed on
Feb 16, 2015
Closed on
Apr 30, 2015
Sold by
Trisands Investments Llc
Bought by
Dixon James B and Dixon Camille
Seller's Agent
Erin Oden
Coastal Luxury
Buyer's Agent
Jim Dixon
Berkshire Hathaway HomeServices
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.92%
Original Mortgage
$840,000
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 17, 2004
Sold by
Reichard John E
Bought by
Trisands Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,272,000
Interest Rate
5.66%
Mortgage Type
Commercial
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
Seacrest Management Llc $6,190,000 Ketchersid Land & Title Llc
Dixon James B $1,200,000 None Available
Trisands Investments Llc $1,590,000 Acquire Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dixon Ii James B $1,000,000
Previous Owner Dixon James B $840,000
Previous Owner Trisands Investments Llc $1,272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $1,200,000 0.0% --
02/16/2015 02/16/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $1,200,000 -- --
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 $58,793 $6,857,023 $2,205,000 $4,652,023
2023 $58,793 $6,130,216 $0 $0
2022 $51,647 $5,572,924 $1,489,848 $4,083,076
2021 $12,614 $1,303,112 $1,303,112 $0
2020 $11,901 $1,192,183 $1,192,183 $0
2019 $11,495 $1,157,460 $1,157,460 $0
2018 $11,205 $1,123,747 $0 $0
2017 $10,823 $1,092,000 $1,092,000 $0
2016 $10,507 $1,050,000 $0 $0
2015 $5,461 $595,000 $0 $0
2014 $4,598 $460,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 723246

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16020-00B-0090