143 Walton Palm Road, Inlet Beach, FL 32461 (MLS# 687442)

143 Walton Palm Road, Inlet Beach, FL 32461

$1,025,000

Property Type: Residential Land Lot Size (sq. ft.): 179,032 Status: Sold

Current Price: $1,025,000 List Date: 8/20/2019 Last Modified: 10/01/2024

Overview

Description

How often do you hear of a 4+ acre parcel for sale in popular Inlet Beach? Nestled between popular Lake Powell and the gorgeous Gulf of Mexico, you just might want to consider this opportunity! Develop this property and creatively convert the existing small home into an updated ”MODEL” home. The fact that you could ride bikes to plenty of 30-A shopping destinations and to great landmarks like the Donut Hole and ”The Pearl” is a happy thought alone. Imagine your own home here with plenty of privacy. You have lots of options but little time to react. (A very similar parcel sold a couple of blocks over on the same street for $1.5 million in June of this year!).

Listing Details MLS# 687442

Contract Info

List Price/Acre: 304136.25

Location

Street #: 143
Street Name: Walton Palm
Street Suffix: Road
Area: 12 – Walton County
State: FL
Zip Code: 32461
County: Walton
Sub Area: 1207 – Walton – Inlet Beach
Subdivision: Other
Community/Resort: None
Waterfront: No
Parcel ID: 36-3S-18-16100-000-0410
Elementary School: Bay
Middle School: Walton
High School: South Walton
Directions: From Bay County head west and cross the Walton County Bridge. Take a right on North Walton Lakeshore beside the SHOPPES at INLET BEACH. Go a couple of blocks and turn left on Walton Palm Road- This property is on the right. It is an irregular shaped 4.11 acre parcel with road frontage next to the first house you see.
Legal Description: LOT 41 ORB 37-390 S/D OF SEC 36-3S-18W LESS 135 FT E & W BY 150 FT N & S IN SE COR

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: survey attached
Acreage: 4.11
Lot Size (SqFt): 179032

Status Change Info

Under Contract Date: 2020-10-14
Sold Date: 2021-01-29
Sold Price/Acre: 249391.73

Listing Info, Tax & Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 3459
Last Tax Year: 2018
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: How often do you hear of a 4+ acre parcel for sale in popular Inlet Beach? Nestled between popular Lake Powell and the gorgeous Gulf of Mexico, you just might want to consider this opportunity! Develop this property and creatively convert the existing small home into an updated ''MODEL'' home. The fact that you could ride bikes to plenty of 30-A shopping destinations and to great landmarks like the Donut Hole and ''The Pearl'' is a happy thought alone. Imagine your own home here with plenty of privacy. You have lots of options but little time to react. (A very similar parcel sold a couple of blocks over on the same street for $1.5 million in June of this year!).

More Information

Existing Leases

Month To Month: Yes

Financing

Cash: Yes
Conventional: Yes

Lot Features

Irregular: Yes
Within 1/2 Mile to Water: Yes

Lot Access

Paved Road: Yes

Present Zoning

Resid Multi-Family: Yes

Utilities

Electricity – Connected: Yes
Sewer Available: Yes

Sale Type

As Is: Yes

Property Features

Existing Leases: Month To Month Financing: Cash; Conventional Lot Access: Paved Road Lot Features: Irregular; Within 1/2 Mile to Water Sale Type: As Is Utilities: Electricity – Connected; Sewer Available Present Zoning: Resid Multi-Family

Listing Office: ERA Neubauer Real Estate Inc

Last Updated: October – 01 – 2024

Information deemed reliable but not guaranteed.