NOT LISTED FOR SALE

Estimated Value: $6,010,320 - $6,784,000

0.15 Acre
$42,607,200 Price per Acre
6,534 Sq Ft Lot

Last Sold February 24, 2021

Last sale price $1,175,000

Est. 444% increase in value since last sale

Current estimated payment $37,420/month

50 Days on Market

Highlights

  • Beach
  • Golf Course Community
  • Gated Community
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • Community Pool

About This Lot

As of February 2021

Beautiful large homesite in highly coveted Watersound Beach being sold with approved custom home plans by Harrison Design out of Atlanta, Georgia. The size of this corner lot allows for a 5500 square foot home designed with attention to detail for everything you could want in your beach house on 30A. Two-car garage, carriage house, six bedrooms, fourth floor tower, private pool, elevator and outstanding outdoor space are only a few of the offerings in this well thought out plan. Plans and Renderings available in photo tab. Take advantage of this amazing opportunity to become a Watersound Beach owner today. Call your favorite Realtor for a showing!

Last Agent to Sell the Property

Hilary & Jacob

Corcoran Reverie SRB Listed on: 11/11/2020

Last Buyer's Agent

Caleb Midgett

Scenic Sotheby's International Realty License #3125648

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,842

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 58x115

HOA Fees

  • $430 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Gas Available
  • Water Tap Fee Is Paid
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16012-000-0090

Community Details

Overview

  • Watersound Beach Ph 3 Subdivision

Recreation

  • Beach
  • Golf Course Community
  • Community Pool
  • Deeded access to the beach

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,842

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.15
  • Lot Size: 58x115
  • Subdivision Name: WATERSOUND BEACH PH 3
  • Directions: Main entrance to Watersound Beach on 30A. Enter gate, turn right and proceed to corner of Salt Box and North Shingle Lane. Lot 9 on corner.
  • Remarks Misc:Remarks: Beautiful large homesite in highly coveted Watersound Beach being sold with approved custom home plans by Harrison Design out of Atlanta, Georgia. The size of this corner lot allows for a 5500 square foot home designed with attention to detail for everything you could want in your beach house on 30A. Two-car garage, carriage house, six bedrooms, fourth floor tower, private pool, elevator and outstanding outdoor space are only a few of the offerings in this well thought out plan. Plans and Renderings available in photo tab. Take advantage of this amazing opportunity to become a Watersound Beach owner today. Call your favorite Realtor for a showing!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Paid: Yes
  • Special Features: None

Utilities

  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Gated Community, Golf, Pool
  • Association #2 Fee: 1290.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 20-3S-18-16012-000-0090
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5842.2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Mcaraw Joseph and Mcaraw Tamara
Bought by
Founders Keepers Llc
Current Estimated Value
$6,391,080

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 24, 2021
Sold by
Geiger Karen
Bought by
Mcaraw Joseph
Seller's Agent
Hilary & Jacob
Corcoran Reverie SRB
Buyer's Agent
Caleb Midgett
Scenic Sotheby's International Realty
List Price
$1,175,000
Sold Price
$1,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.42%
Original Mortgage
$822,500
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 3, 2014
Sold by
Pontotoc Llc
Bought by
Geiger Karen

Purchase Details

Closed on
Apr 18, 2005
Sold by
Krum Scott
Bought by
Pontotoc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Founders Keepers Llc $6,500,000 South Oak Title
Founders Keepers Llc $6,500,000 South Oak Title
Mcaraw Joseph $1,175,000 Pratt Aycock Ttl Llc Santa R
Geiger Karen $495,000 Attorney
Pontotoc Llc $895,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcaraw Joseph $822,500
Previous Owner Pontotoc Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $1,175,000 0.0% --
12/31/2020 12/31/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $1,175,000 -- --
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
2025 $40,863 $4,560,978 $978,500 $3,582,478
2024 $8,779 $4,981,200 $966,132 $4,015,068
2023 $8,779 $966,132 $966,132 $0
2022 $9,938 $1,072,406 $1,072,406 $0
2021 $6,748 $728,537 $728,537 $0
2020 $6,049 $605,927 $605,927 $0
2019 $5,842 $588,279 $588,279 $0
2018 $5,695 $571,144 $0 $0
2017 $5,501 $555,009 $555,009 $0
2016 $5,086 $508,250 $0 $0
2015 $4,828 $475,000 $0 $0
2014 $3,231 $400,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 809185

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16012-000-0090