NOT LISTED FOR SALE

LOT 93 Admiral Ct Destin, FL 32541

Estimated Value: $1,516,000 - $1,894,000

0.34 Acre
$4,937,632 Price per Acre
14,810 Sq Ft Lot

Last Sold April 04, 2012

Last sale price $100,000

Est. 1,579% increase in value since last sale

Current estimated payment $9,985/month

86 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • Destin Elementary School Rated A-
  • Bay View
  • Community Pool

About This Lot

As of April 2012

Bank Owned Property. A beautiful lake front lot with 94 feet of water frontage located the gated community of Regatta Bay. Regatta Bay offers many amenities such as an 18-hole golf course, tennis courts, amenity center with pool and playground, and a clubhouse which includes a luxury restaurant inside. Also nearby is Legendary Marina a large dry storage facility, and the Destin Commons, a great place to shop and dine! With all the amenities and close-by entertainment, Regatta Bay can fulfill all your needs, making it a wonderful location for your home. Seller does not have survey. All reasonable offers will be sent to committee for review. PROPERTY IN REGATTA BAY IS LOCATED IN A COASTAL BARRIER RESOURCE ZONE. FLOOD INSURANCE MAY BE PURCHASED THROUGH A PRIVATE COMPANY ONLY.

Last Agent to Sell the Property

Melissa Clements

Compass License #3022455 Listed on: 12/20/2011

Compass

Last Buyer's Agent

Steve Kirby

Realty Destination LLC License #3064715

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,010

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 83x34x109x94x143
  • Lake Front
  • Property fronts an easement
  • Cul-De-Sac
  • Interior Lot

HOA Fees

  • $187 Monthly HOA Fees

Property Views

  • Bay Views

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0930

Community Details

Overview

  • Regatta Bay Ph 1 Subdivision
  • The community has rules related to covenants

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,010

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.34
  • Lot Size: 83X34X109X94X143
  • Road Frontage Type: Easement
  • Road Surface Type: Paved Road
  • Subdivision Name: REGATTA BAY PH 1
  • Directions: From the Emerald Coast Parkway turn north into Regatta Bay subdivision. Take a right onto Commodore Pt., Right on Nautical Way, Left onto Admiral Ct. Lot will be down on the right between homes with 4
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Waterview:Bay2: Yes
  • Utilities:Tap Fee Due: Yes
  • Waterfront:Lake: Yes
  • Special Features: RealEstateOwned

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Golf, Picnic Area, Pool, Tennis, Owners Pets Allowed
  • Association #2 Fee: 560.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 00-2S-22-0515-0000-0930
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Edward Savage James
Bought by
James Edward Savage Revocable Trust
Current Estimated Value
$1,678,795

Purchase Details

Closed on
Aug 2, 2017
Sold by
Straw Wade C and Straw Elaine
Bought by
Savage James E and Savage Pamela L

Purchase Details

Listed on
Dec 20, 2011
Closed on
Apr 5, 2012
Sold by
Branch Banking & Trust Company
Bought by
Straw Wade C and Straw Elaine
Seller's Agent
Melissa Clements
Compass
Buyer's Agent
Steve Kirby
Realty Destination LLC
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.43%

Purchase Details

Closed on
Nov 9, 2011
Sold by
Beachside
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Nov 5, 2003
Sold by
Olson Daniel A
Bought by
Beachside

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 15, 2001
Sold by
Olson Carl Richard
Bought by
Olson Daniel A
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 Buyer Sale Price Title Company
James Edward Savage Revocable Trust -- Tiffany A Sullivan Pllc
Savage James E $970,000 Aqua Title Sevices
Straw Wade C $100,000 Destin Land & Title Inc
Branch Banking & Trust Company $7,700 None Available
Beachside $171,000 Mcneese Title Llc
Olson Daniel A $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Straw Wade C $417,000
Previous Owner Beachside $145,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $100,000 -- --
04/04/2012 04/04/12 Sold $100,000 0.0% --
03/15/2012 03/15/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $100,000 -- --
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 $8,010 $819,486 -- --
2023 $8,010 $795,617 $0 $0
2022 $7,889 $772,444 $0 $0
2021 $7,914 $749,946 $0 $0
2020 $7,871 $739,592 $0 $0
2019 $7,806 $722,964 $0 $0
2018 $7,759 $709,484 $0 $0
2017 $0 $663,788 $0 $0
2016 -- $650,135 $0 $0
2015 $6,754 $600,571 $0 $0
2014 $1,424 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 569087

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0930