$525,000
$550,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
Lot 11 LAKELAND DR Miramar Beach, FL 32550
4,791 Sqft Lot
Key Details
Sold Price $525,000
Property Type Vacant Land
Sub Type Unimproved
Listing Status Sold
Purchase Type For Sale
Subdivision Frangista Beach 3Rd Add
MLS Listing ID C7453647
Sold Date 04/29/22
Construction Status No Contingency
HOA Fees $143/qua
HOA Y/N Yes
Annual Tax Amount $1,185
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50 x 100
Property Description
A rare opportunity awaits for you to own a 50' X 100' (5,000 sq. ft.) nonflood zone lot in the Private Exclusive Gated Neighborhood of Frangista Beach. Build your dream vacation home or investment property in Frangista Beach Villas that features a community pool and clubhouse. The community is located just mere blocks from public & private white-sandy beach access into Emerald Gulf of Mexico Waters. The gated neighborhood with security patrol features well-designed paved roads that have a luxury feel as you enjoy coming in and out of your gated neighborhood. This feature lot has an unobscured view of the wooded area behind your new home for you to enjoy for years to come, also with an East facing rear that offers sunshine-filled mornings while you relax in your backyard, patio, pool, or your outdoor oasis for you to relax in. Do not miss out on this rare opportunity to own one of the last available lots in Frangista Beach Villas. Homes in this neighborhood are being built and sold for 1.5 million or more with a projected rental income of $200,000 - $250,000 per year.
Location
State FL
County Walton
Community Frangista Beach 3Rd Add
Zoning RP
Exterior
Community Features Association Recreation - Owned, Beach Area, Deed Restrictions, Gated, Golf Carts OK, Pool, Water Access
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sprinkler Well, Street Lights, Telephone Nearby, Water Available
Amenities Available Gated, Maintenance
Water Access 1
Water Access Desc Beach - Access Deeded,Gulf/Ocean
Building
Lot Description Buildable, City Limits, In County, Near Golf Course, Near Marina
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Construction Status No Contingency
Others
Pets Allowed Yes
HOA Fee Include Pool, Management, Private Road, Security
Ownership Fee Simple
Monthly Total Fees $143
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
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