3 months on rocket

87 Walton Magnolia Ln, Inlet Beach, FL, 32461

$2,450,000

0.23 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewGulf
MLS #939048
Lot Size0.23 Acres
StatusActive

About 87 Walton Magnolia Ln

- Luxury Coastal Homesite - This parcel 70 x 143 (subject to 33 right of way), located in the trending up-scale community of Inlet Beach, is ideal for a coastal dream home at the beach. The property offers beautiful gulf views, close beach access and NO HOA & Fees. Nearby Rosemary Beach and the surrounding area offer a wide variety of fantastic restaurants and shops. For recreational activities just minutes away, Camp Helen State Park and Lake Powell (the largest of the rare coastal dune lakes) are nearby. Also, Pier Park in PCB is 10 mi. & ECP-Beaches Intl Airport is 20 mi. This property is being sold for the land value only As Is. Seller will provide Land Disclosure only and is not providing any disclosure regarding structures built on the land. Survey Available.

Property Details

Property Features

Listing Office:

  • Office Name: Crye-Leike Coastal Realty
  • Office Email: william.britton@crye-leike.com
  • Listing Agent: William J Britton

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Gulf

Lot Features

Lot Information:

  • Lot: Aerials/Topo Available, Dead End Street, Easement, Flood Insurance Required, Survey Available, Within 1/2 Mile to Water
  • Lot Size: 0.23 Acres

School Info

Assigned Schools Information:

  • South Walton High School, Public District Grades 9-12
  • Freeport Senior High School, Public District Grades 9-12
  • Emerald Coast Middle School, Public District Grades 5-8
  • Freeport Middle School, Public District Grades 5-8
  • Bay Elementary School, Public District Grades PK-4
  • Van R. Butler Elementary School, Public District Grades PK-4
  • Freeport Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From US Hwy 98, turn south onto S. Walton Lakeshore Dr. Follow road to the curve at the beach access and the road then becomes Walton Magnolia Ln. Travel east ~ 150 yards, the parcel with AS IS house is on the left side (north) with the pond to the right of the east boundary.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000

Tax Information:

  • Annual Amount: $6,406
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Walton Beaches, FL.

Med. Sold Price

$972.9K

Med. Price/SqFt

$545

Avg. Days On Market

86

# of Sold Homes

160

87 Walton Magnolia Ln vs Walton Beaches

119 DAYS ON ROCKET

+33 Days

$2,450,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Walton Beaches, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #939048

Listing Office:

  • Office Name: Crye-Leike Coastal Realty
  • Office Email: william.britton@crye-leike.com
  • Listing Agent: William J Britton

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 4:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,406$641,761
2019$971$135,682
2017$919$130,413

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1390286
7
/10
  • Bay Elementary School

  • 118 Gilmore Rd

  • 9.74 miles

  • Public District Grades PK-4

school-card-donut-1390287
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30a

  • 16.86 miles

  • Public District Grades PK-4

school-card-donut-1390288
6
/10
  • Freeport Elementary School

  • 15381 Us Hwyy 331 South

  • 18.19 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1390289
6
/10
  • Emerald Coast Middle School

  • 4019 Us Hwy 98e

  • 16.40 miles

  • Public District Grades 5-8

school-card-donut-1390290
6
/10
  • Freeport Middle School

  • 360 Kylea Laird Dr

  • 17.79 miles

  • Public District Grades 5-8

High School

school-card-donut-1390291
8
/10
  • South Walton High School

  • 645 Greenway Trl

  • 13.13 miles

  • Public District Grades 9-12

school-card-donut-1390292
8
/10
  • Freeport Senior High School

  • 12615 Us Hwy 331 South

  • 20.05 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,868. Typical income of Walton Beaches, FL residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 87 Walton Magnolia Ln

What is the listing price of this property?

The listing price of 87 Walton Magnolia Ln property is $2,450,000.

What type of property is this?

The property 87 Walton Magnolia Ln is land located in Inlet Beach, Florida, 32461.

Is this property for sale now?

Active Listing: 87 Walton Magnolia Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 87 Walton Magnolia Ln are:
Bay Elementary School: GreatSchools Rating 7/10
Van R. Butler Elementary School: GreatSchools Rating 8/10
Freeport Elementary School: GreatSchools Rating 6/10
Emerald Coast Middle School: GreatSchools Rating 6/10
Freeport Middle School: GreatSchools Rating 6/10
South Walton High School: GreatSchools Rating 8/10
Freeport Senior High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,406 (source: MLS/based on county public records data).

How much acreage is this property?

The property 87 Walton Magnolia Ln is 0.23 acres.
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Rocket HomesFloridaBay CountyWalton Beaches3246187 Walton Magnolia Ln

This home is located at 87 Walton Magnolia Ln in Inlet Beach, FL and zip code 32461. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since December 30, 2023 and is currently priced at $2,450,000.

While more than 8 listings in Walton Beaches, FL in March 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 132 were sold below. The number of listings in Walton Beaches, FL increased by 16.5% between February 2024 and March 2024. In March 2024 median list price was $972,935 and the average listing age was 86 days.

From Rocket Homes Real Estate and based on county public records data.

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