NOT LISTED FOR SALE

Estimated Value: $1,705,000 - $2,804,292

0.45 Acre
$5,349,104 Price per Acre
19,602 Sq Ft Lot

Last Sold October 29, 2018

Last sale price $890,000 $426 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $14,097/month

430 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Gulf Breeze Elementary School Rated A-
  • No HOA

About This Lot

As of October 2018

Unique, rare to find property. Built on top of one of the highest points in Gulf Breeze Proper gives 86 Highpoint expansive waterfront views. This is the only property that is directly connected to Dead Man's Island, giving you miles of secluded beach to enjoy. With top rated schools in close proximity, this bedroom community is perfect for families looking to be minutes from all that Pensacola has to offer. Don't miss the opportunity to see the best of the best in the Pensacola area. - The dock permit process has been started

Last Agent to Sell the Property

Robert Rinke

Levin Rinke Realty Listed on: 07/19/2017

Levin Rinke Realty

Last Buyer's Agent

Larry Kuhn

Kuhn Realty

Kuhn Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.45 Acre Lot
  • Property Fronts a Bay or Harbor

Schools

  • Gulf Breeze Elementary And Middle School
  • Gulf Breeze High School

Additional Features

  • Bay Views
  • Septic Tank

Community Details

  • No Home Owners Association
  • Casablanca Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063S290540001000360

Property Details

Property Type

Land

Lot Details

0.45 Acres

Listing Details

  • Parcel Number: 063S290540001000360
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.45
  • Lot Size: 100x195
  • Co List Office Mls Id: LRRR01
  • Co List Office Phone: 850-916-5050
  • Subdivision Name: Casablanca
  • Directions: From 98 take Fairpoint Dr. and turn right on Highpoint Drive.
  • Special Features: None

Exterior Features

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gulf Breeze
  • High School: Gulf Breeze
  • Middle Or Junior School: Gulf Breeze

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 19602
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Babcock Thomas A
Bought by
Babcock David A and Babcock Patricia
Current Estimated Value
$2,407,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,329,282
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,077,815

Purchase Details

Listed on
Jul 19, 2017
Closed on
Oct 30, 2018
Sold by
Moreland John Wylie
Bought by
Babcock David A and Babcock Patricia D
Seller's Agent
Robert Rinke
Levin Rinke Realty
Buyer's Agent
Larry Kuhn
Kuhn Realty
List Price
$1,150,000
Sold Price
$890,000
Premium/Discount to List
-$260,000
-22.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$623,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records
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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
Babcock David A $284,000 Emerald Coast Title Inc
Babcock David A $890,000 Emerald Coast Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock David A $1,500,000
Previous Owner Babcock David A $623,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $890,000 -22.6% $426 / Sq Ft
05/29/2018 05/29/18 For Sale $1,150,000 0.0% $551 / Sq Ft
05/29/2018 05/29/18 Price Changed $1,150,000 +29.2% $551 / Sq Ft
05/09/2018 05/09/18 Off Market $890,000 -- --
07/14/2017 07/14/17 For Sale $1,300,000 -- $623 / Sq Ft
Source: Pensacola 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 $20,358 $1,767,923 $998,750 $769,173
2024 $20,207 $1,739,675 $998,750 $740,925
2023 $20,207 $1,703,553 $998,750 $704,803
2022 $12,026 $940,000 $940,000 $0
2021 $10,693 $763,750 $763,750 $0
2020 $10,806 $763,750 $0 $0
2018 $8,360 $583,655 $0 $0
2017 $7,719 $525,609 $0 $0
2016 $3,644 $282,408 $0 $0
2015 $3,304 $280,445 $0 $0
2014 $3,331 $278,219 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Pensacola Association of REALTORS®

MLS Number: 521238

Pensacola Association of REALTORS®

APN: 06-3S-29-0540-00100-0360

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