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Z7 Tea Island Street, Inlet Beach, FL 32461

$1,400,000
Property Type: Land Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $1,400,000 List Date: 3/22/2024 Last Modified: 3/25/2024

Description

An unparalleled Alys Beach homesite opportunity awaits to create a masterful home design & custom home build. Homesite Z7, located on Tea Island Street, opens to the Tea Island pedestrian path & pocket park providing a desired aesthetic appeal with privacy. Homesite Z7 is approved for a 2-story home design with an allowable 3rd level tower room looking over the town. Homesite Z7 is only one of a few that is poised to allow for a 3rd story tower conditioned paired with a 4th story roof terrace should the owner desire. This unique feature provides unparalleled 360-degree views above the acclaimed masonry architectural roof tops of Alys Beach. This property has the unique option of a 2-car garage plus two additional exterior parking spaces for guests assigned to the homesite

Supplements: should the owner include a garage in the home design. Additionally, Homesite Z7 can be purchased in conjunction with Alys Beach Homesite Z8 to build a custom single-family residence on both parcels allowing for a truly dramatic, and remarkable, custom residence. When purchased together, the owner will have permission to incorporate a 3rd story conditioned tower with a 4th story roof terrace if desired. This unique feature adds a stately design element further enhancing the sophistication of the home design. The Tea Island Pedestrian Path integrates beauty & pedestrian travel to all points in Alys Beach. Homesite Z7 is orchestrated within proximity to the private owners Beach Club, Town Center, and other coveted Alys Beach amenities. The upcoming Silva Pool & Restaurant amenity will complement the living aspects to be had for this future home. This is your opportunity to build an award-winning home in one of the most desired locations within Alys Beach.

More Information MLS# 945475

None

Current Price: $1,400,000

Status Change Info

Status: Active

Contract Info

List Date: 2024-03-22 List Price: $1,400,000 Listing Board: Emerald Coast List Price/Acre: 14000000

Location, Tax and Legal

Street #: Z7 Street Name: Tea Island Street Suffix: Street Area: 18 - 30A East State: FL Zip Code: 32461 County: Walton Sub Area: 1804 - S. of 98 East of Camp Creek Project Name/Subdivision: ALYS BEACH Parcel ID: 27-3S-18-16431-00Z-0070 Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Legal Description: LOT Z7 ALYS BEACH PHASE 4: LOTS Z1-9 & Z21 PB 21-61 OR 3176-220

General Property Info

Sub-Type: Vacant Land Acreage: 0.1

Listing Info, Tax & Legal

Assessment Fees: Yes Assessment Amount: 2693.88 Annual Assessment Amount: 10775.52 Assessment Paid: Quarterly Is Subject Leased: No New Buyer Fee: Yes New Buyer Fee Amt: 250 New Buyer Fee Paid: $ Last Taxes: 13888.05 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: An unparalleled Alys Beach homesite opportunity awaits to create a masterful home design & custom home build. Homesite Z7, located on Tea Island Street, opens to the Tea Island pedestrian path & pocket park providing a desired aesthetic appeal with privacy. Homesite Z7 is approved for a 2-story home design with an allowable 3rd level tower room looking over the town. Homesite Z7 is only one of a few that is poised to allow for a 3rd story tower conditioned paired with a 4th story roof terrace should the owner desire. This unique feature provides unparalleled 360-degree views above the acclaimed masonry architectural roof tops of Alys Beach. This property has the unique option of a 2-car garage plus two additional exterior parking spaces for guests assigned to the homesite

Office/Member Info

Single Agent Comp: 2.5 Single Agent Comp Type: % Trans Broker Comp: 2.5 Trans Broker Comp Type: % Non-Rep Comp: 2.5 Non-Rep Comp Type: %

Property Features

Lot Features: Corner Zoning: Resid Single Family Project Facilities: Beach; Deed Access; Elevators; Exercise Room; Playground; Pool; Sauna/Steam Room; Tennis; TV Cable; Waterfront; Whirlpool Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable; Underground
Listing Office: Alys Beach Properties Llc
Last Updated: March - 25 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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