Bayou Front Lot in Avalon Beach Area of Milton FL - Just 18 Miles To Pensacola
- Condition : New
- Dispatch : More than 4 Days
- Brand : Milton Florida
- ID# : 212163410
- Barcode : None
- Start : Thu 10 Nov 2022 13:34:13 (EDT)
- Close : Sun 07 Jan 2024 13:31:08 (EDT)
- Remain : Listing Closed
More Listings from This Seller view all
Seller's Description
Please take the time to read this entire description, it contains a lot of detailed information about this property.
PLEASE ask questions and do your own due diligence BEFORE you click on BUY NOW.
Please Understand That One of The Reasons That This Property Is A Great Deal Is Because NO FINANCING IS OFFERED!
This is a FULL purchase price sale, you are paying the FULL price of this lot.
As Such, You MUST Be In A Position To Pay In Full!
Prime Florida
Waterfront Land For Sale
Fantastic 4,687 Square Foot Lot
(.1076 Acre)
In Avalon Beach Area
Right on Mulat Bayou!
Just 18 Miles From Pensacola Florida
And Less Than 1/2 Mile
From Avalon Public Boat Ramp,
And Less Than 2 Miles From
Archie Glover Public Boat Ramp.
Have Your Boat In The Water
In Less Than 10 Minutes!
This Lot For Sale is on an Un-Named
Platted Road North of San Miguel Street
Between N. 14th Avenue and N 15th Avenue
In Milton, Florida 32583
in Santa Rosa County
(See Photos)
A Platted Road Is A Planned Future Road,
It Exists On The Map, But The Road Has Not Been Cleared Or Constructed.
The Neighbour To The East Has Already Partially Cleared The Road!
Thanks To Him, You Would Only Need To Clear About 20-30 Feet
To Get To The East Side Of The Lot For Sale.
(Please See Photos)
This Lot Is Only About 120 Feet From N. 15th Avenue, Which Is A Paved Street
My understanding is that if a propety owner wants to build a home on this lot,
then the property owner would need to get a permit to clear and maintain
a path through the platted road, at the property owner's expense.
Since This Is An Un-Nammed Road You Might Even Be Able To Name The Road!
(Please Check With The County)
This Lot Has
Location, Location, Location!
The Lot Is Right On Mulat Bayou!
The Views From This Lot Are Increadible!
Watch The Sunrise And Sunset Light Up The Saw Grass on the Bayou
All Right Off Your BackYard!
Watch All The Birds And Wildlife,
Or Just Sit Back And
Watch All The Boats Cruise By!
This Is A Great Place To Retire,
Build Your Dream Home,
or
To Own As An Investment Lot!
Are You Thinking About Retiring To Florida?
Are You Tired of SNOW?
Milton Has
226 Sunny Days Per Year
AND...NO SNOW!
It Is A Great Retirement Location!
and
A Great Investment Area!
Do You Know That Florida Has No State Income Tax!
The U.S. Average is 4.6%
That Is a $3,220 Savings on a $70,000 Income!
This Lot Has A --BUY NOW-- Price of ONLY $17,500!
Please Understand That One of The Reasons That
This Property Is A Great Deal Is Because
NO FINANCING IS OFFERED!
You MUST Be In A Position To Pay In Full!
Unlike Most Real Estate Transactions,
I do NOT add additional fees for
document preparation or recording.
In most real estate transactions you will pay $500 or more for Deed preparation and recording,
But not with my sales!
I will pay ALL THE FEES for preparing & recording the deed!
No additional fees will apply!
Details About This Property:
The Lot's dimensions are about:
47 feet on the South Side
114 feet on the West Side
89 feet on the East Side
And 54 feet on the North Side
Thus, it is about a 4,687 Square Foot Lot
(.1076 Acre)
The Lot Has About 54 Foot Frontage on Mulat Bayou!
This Lot's Parcel Number is # 401N280090681000020
The Santa Rosa Property Appraiser Has The Lot's
Land Use Code As 0117 -- SFR BAYOU BAY
And Zoning As R1
See More Info at the
Santa Rosa County
Property Appraiser Webpage:
Click Below:
https://srcpa.gov/Parcel/Index2?parcel=40-1N-28-0090-68100-0020
Please Note:
I Live In California, I Have Never Been To This Lot!
Please do your own due diligence!
PLEASE NOTE:
The 2022 Property Taxes Have Been PAID,
The New Owner Will Be Responsible To Pay The 2023 Taxes,
The 2023 Taxes Are Not Delinquent Until March 2024.
For 2022 The Property Taxes Were Only $233.64 For The Entire Year.
FREQUENTLY ASKED QUESTIONS
AND
IMPORTANT INFORMATION:
How Did You Acquire This Property? Why Are You Selling It?
I manage a portfolio of tax lien certificates in over 40 counties in Florida. A tax lien certificate is basically a loan that is made when a property owner is unable to pay their property taxes. These tax liens are made by the County Tax Collector, and then the tax collector sells the liens to private investors (like me). These tax liens pay interest just like a mortgage or other loan. When the property owner pays off his delinquent taxes the tax lien is automatically paid off. However, once in a while an owner does not pay the delinquent taxes. In this case a foreclosure is begun and I become the new owner. I acquired this Lot in this manner.
The prior owner Tax Lien Strategies aquired this lot via a tax deed foreclosure in 2015. Once aquired, Tax Lien Strategies failed to pay any new property taxes. Tax liens were issued directly from The Santa Rosa County Tax Collector. A foreclosure process was started on the land, and since the taxes remained unpaid, the Santa Rosa County Tax Collecter transferred the property to me via tax deed.
I would like to reinvest my funds into other tax lien certificates as soon as possible, so I am offering this lot here on Ebid at a deep discount.
I choose to sell via Ebid to avoid fees. Realtor commissions, Escrow and Other Fees can easily exceed $2,500. Using Ebid, I can avoid most of these fees and pass a great deal along to you!
This Land Was Purchased Via A Tax Deed ... What Is A Tax Deed and
How are Tax Deeds Different From Other Deeds?
A Tax Deed is a specific type of deed that is only used when a property owner fails to pay his property taxes. A Tax Deed gives the County Tax Collector the authority to SELL the property to collect the unpaid property taxes.
The County Tax Collector must go through a series of legal steps in order to issue a Tax Deed. These legal steps include notifying the property owner, applying for the tax deed, posting a notice at the property, and posting a public notice of sale.
Once a Tax Deed is issued and recorded the new owner is legally granted immediate possession of the property per Florida Statute 197.562. While a Tax Deed does grant the buyer immediate possession, it does not give the buyer “marketable title”.
What exactly is “marketable title”? A property has a marketable title when that property can be transferred to a new owner without the likelihood that the ownership will be challenged, or that any other claims will be made on the property by another party. A Tax Deed property cannot have marketable title because a Tax Deed legally transfers ownership to the new purchaser on one condition…that condition makes the assumption that the County Tax Collector has followed all the legal steps in order to issue the Tax Deed.
But what happens if those legal steps are not followed exactly? If the Prior Owner believes that an error has been made, then he can file a lawsuit to try to overturn or void the Tax Deed. Fortunately, Per Florida Statute 95.192, the Prior Owner only has four years to bring about a lawsuit to challenge or void the Tax Deed. Once those four years has elapsed the Prior Owner can no longer file a lawsuit, effectively eliminating that cloud on the title. This is why most Title Insurance Companies will not issue title insurance during the four year period after a Tax Deed has been issued.
Whew that sure was a mouthful, I think I sound too much like a lawyer … Let me further explain with a hypothetical example.
Let’s assume Mr. Smith owns a piece of land. Mr. Smith unfortunately gets into a car accident and he is in a coma. Because of the coma he does not pay his property taxes. Tax Lien Certificates are issued and after two years the holder of the tax liens decides to file a Tax Deed Application (Foreclosure). The Tax Collector goes through the legal steps and serves Mr. Smith with the notices, but because he is in a coma he cannot respond. The land is then sold via Tax Deed. One year later (or anytime up to four years later) Mr. Smith wakes up from his coma to discover that his land is gone. What can he do? Because a Tax Deed has been issued Mr. Smith can no longer just go down to the Tax Collector and pay his back taxes. Instead, Mr. Smith would need to get a real estate attorney and file a lawsuit (Mr. Smith would also need to pay all of the legal and court fees--about $2,500). Mr. Smith would plead his case to the Judge, and in this specific case the Judge would most likely overturn the Tax Deed. In this example the Judge would typically order that the land be returned to Mr. Smith, and that Mr. Smith would be required to pay back the taxes and fees from the tax deed application.
When someone purchases a property via a Tax Deed they buy that property subject to the risk that at any time during the next four years the prior owner could file such a lawsuit in an attempt to challenge that Tax Deed. By purchasing this land from me you are assuming that risk as well. Because legal and court fees are expensive (about $2,500) it is very, very rare for a prior owner to try to overturn a Tax Deed, especially on lower priced properties.
Please keep in mind, one of the reasons this land is aggressively priced is because it was acquired via a tax deed.
Most of the people who buy land from me will simply hold the land for the four year period, and then they can build a home or re-sell the land at the full retail price.
The Tax Deed On This Lot Was Recorded On 11/02/2022, So The Four Year Period Will End On 11/02/2026.
Would I Be Able To Build A House On The Land?
Keep in mind, because this is a tax deed property the prior owner has a four year period in which he can file a lawsuit to try to contest or void the Tax Deed. While this would be very, very rare Title Insurance Companies will typically not issue title insurance until that four year period has elapsed.
Most lenders will require title insurance before lending you money to build a home, so if you want to build a home on the land you would need to do one of these four options:
- You could just wait out the four year period. Once that four year time frame is past you should be able to get title insurance from most Title Insurance Companies.
- Or, you could file a Quiet Title Action with a Real Estate Attorney. This is a lawsuit that would remove the prior owner’s right to file a lawsuit to try to contest the Tax Deed. Please note; this option is NOT available in this sale. If I were to perform the Quiet Title I might as well just sell the lot at the full retail price! This option is available AT BUYER'S EXPENSE after title has passed to you via quit claim deed.
- Or, you could use a Title Certification Company like Cleartosell.com or Taxtitleservices.com. These companies work with Title Companies--they will review the Tax Deed Application Records from the Tax Collector to determine whether a title policy can be issued on the property. Please note; this option is NOT available in this sale. If I were to perform a Title Certification I might as well just sell the lot at the full retail price! This option is available AT BUYER'S EXPENSE after title has passed to you via quit claim deed.
- Or, Instead of buying my land you could choose to buy a different lot where title insurance is offered. (For example you could just buy a similar lot through a Realtor at Full Retail Price)
Most of the people who buy land from me will simply hold the land for the four year period, and then they can build a home or re-sell the land at the full retail price.
If The Prior Owner Did Not Pay The Taxes, Does This Mean The Lot is Worthless or is "Swamp-Land"?
This Lot is far from worthless! The Avalon Beach area is experiencing explosive growth, custom homes have been and are being built on lots in this area. This is a great up-and-coming area, and values will only go up, up, up when more new homes are built.
Lots Directly on Mulat Bayou Do Not Come Up For Sale Very Often!
For Comparison Please See the Two Bayou Front Lots That Recently Sold in 2020.
One Lot is A Larger 7,813 Square Foot Lot That Sold For $52,000. That Lot Is 50 Feet Wide, But It Also Is In A Better Location On The Bayou.
The Other Lot That Sold Is A Much Smaller 3,190 Square Foot Lot, And The Lot Is Only 25 Feet Wide!
The Location of The Lot Is Similar To My Lot For Sale, But At Only 25 Feet Wide It Will Be A Very Difficult To Develop That Lot.
Eventhough That Lot Is Only 25 Feet Wide It SOLD For $15,000 in 2020!
This is a great area for future growth & appreciation!
How Do I Pay?
The Buyer will need to WIRE Funds to My Bank, OR send a cashiers check or money orders for the final price along with the name of the new owner and how title will be held. Once your funds have cleared I will prepare a quit claim deed and send it to Santa Rosa County to be recorded.
I will pay ALL THE FEES for preparing & recording the deed.
WHAT YOU PAY FOR THIS LOT IS WHAT YOU WILL PAY! No additional fees will apply!
Please also note that Apps like Pay-Pal, Venmo, Zelle, Google Pay, etc. are NOT available for Real Estate Transactions
(Their Rule Not Mine) So I am unable to accept payment via these apps.
Please also note: Local Pickup does not apply, Deed will be recorded in Santa Rosa County at MY expense. You as the Buyer will only pay the purchase price--not one penny more!. I will pay all deed preparation and recording fees.
In most real estate transactions you will pay $500 or more for Deed preparation and recording, But not with my sales! I will pay ALL THE FEES for preparing & recording the deed. WHAT YOU PAY FOR THIS LOT IS WHAT YOU WILL PAY! No additional fees will apply!
Will You Really Sell This Lot At That Low --Buy Now-- Price?
Absolutely, The First Person To Click on "Buy Now" And Pay Will Get This Great Deal.
What About An Escrow?
I am able to offer this lot at a deep discount by keeping the fees and costs low. Escrow fees can easily run $400 to $500. This is why I ask the Buyer to wire funds to my bank, OR send a cashiers check or money orders for the purchase price. I am very trustworthy, Check out my feedback--well over 1,500 with 100% positive feedback! However if you would like an escrow it can be provided at YOUR Expense. Also if you desire an escrow please contact me BEFORE you click on Buy Now!
What About Title, What Type Of Deed Will I Receive?
You will receive a Quit Claim Deed which will transfer all of my interest in the property to you. A Quit Claim Deed is a valid legal instrument that is used to transfer interest in real property—it is just as valid as any other type of deed.
In fact, the most common deed used in Florida is a Quit Claim Deed.
I use a Quit Claim Deed because I acquired this land via a Tax Deed. As stated above, when someone purchases property via a Tax Deed they buy that property subject to the risk that at any time during the next four years the prior owner can file a lawsuit to attempt to challenge that Tax Deed.
Since I can not guarantee that the prior owner will not file a lawsuit to challenge the Tax Deed I must use a Quit Claim Deed to transfer the land to you.
The Tax Deed which was issued by the Santa Rosa County Tax Collector transferred 100% ownership of this land to me. I am now the owner of the land. When I record your Quit Claim Deed you will acquire all of my interest in this land, making you the new 100% owner of the land … in essence it would be just as if you had purchased the land from the Tax Collector yourself. Because I purchased the land via a Tax Deed I assumed the risk of the Prior Owner filing a lawsuit to challenge said Tax Deed. By purchasing this land from me via Quit Claim Deed you will be assuming that risk as well.
Because legal and court fees are expensive (about $2,500) it is very, very rare for a prior owner to try to overturn a Tax Deed, especially on lower priced properties; however it is a risk that you are assuming.
Please keep in mind, one of the reasons this land is aggressively priced is because it was acquired via a tax deed.
Most of the people who buy land from me will simply hold the land for the four year period, and then they can build a home or re-sell the land at the full retail price.
The Tax Deed On Parcel This Lot Was Recorded On 11/02/2022, So The Four Year Period Will End On 11/02/2026.
What About The Property Taxes?
The 2022 Property Taxes Have Been PAID,
The New Owner Will Be Responsible To Pay The 2023 Taxes,
The 2023 Taxes Are Not Delinquent Until March 2024.
For 2022 The Property Taxes Were Only $233.64 For The Entire Year.
What About Liens or Mortgages?
I acquired this land in a Tax Lien Foreclosure. The Tax Lien Foreclosure / Tax Deed Process eliminates virtually all mortgages and liens. ONLY IRS LIENS and some City/County/State liens can remain.
IRS Liens as well as City/County/State Liens are part of the Public Record in Florida. By entering the prior owner's name into the clerk of court's public records search the record will emerge.
Please do your own due diligence, the prior owner's name is Tax Lien Strategies.
I have attached photos of the Property Information Report that was used in the Tax Deed Foreclosure, as well as a photo of the Prior Owner's Public Record.
The Prior Owner's Public Records are Super Clean, I did not see any IRS, City, County or State Liens.
I am Not A U.S. Citizen Can I Buy The Lot?
Sure, I welcome International Buyers, but I do have some requirements. If you are a foreign buyer you MUST pay by either wiring funds to my bank (in U.S. Dollars) OR obtain a cashiers check from CITIBANK, CHASE, WELLS FARGO or BANK of AMERICA and pay in US Dollars. You must send the funds via a method like priority international mail with tracking availability. Once your funds have cleared I will prepare a quit claim deed and send it to Santa Rosa County to be recorded. I will pay ALL THE FEES for preparing and recording the deed. Deed will be returned to you by normal international mail (no tracking). You can also access The County Clerk of Court website to print a copy of the deed once it is recorded. Future property tax bills will be mailed to you by the county, or can be paid online.
It Seems To Good To Be True, What's The Catch?
I have tax lien certificates in over 40 counties in Florida. As a result of dealing with such a huge number of tax liens I occasionally will acquire a property for just the un-paid taxes and fees. When I acquire a property my only interest is to liquidate the property and reinvest the funds as quickly as possible. Because my cost to acquire the property is low it means I can pass along a great deal to you!
If I know of ANY defects in the property I will ALWAYS disclose them to you.
Why Don't You Sell The Property In The "Normal" Way?
I choose to sell via Ebid to avoid fees. When Selling the "Normal" way, the Realtor commissions, Escrow and Other Fees can easily exceed $2,500. If I sell here on Ebid I can avoid most of these fees and pass a great deal along to you! Also, time is money! Selling vacant land at Full Retail Prices usually takes a very long time. I would much rather sell quickly and reinvest the proceeds into more Tax Liens.
I Have More Questions, How Do I Contact You?
You can contact me at -213-503-9464 or
You can ask a question via Ebid message
See "Send Question To Seller" below.
Thank you for taking the time to read this entire description.
Listing Information
Listing Type | Free Listing |
Listing ID# | 212163410 |
Start Time | Thu 10 Nov 2022 13:34:13 (EDT) |
Close Time | Sun 07 Jan 2024 13:31:08 (EDT) |
Starting Bid | Fixed Price (no bidding) |
Item Condition | New |
Bids | 1 |
Views | 5 |
Dispatch Time | More than 4 Days |
Quantity | 1 |
Location | United States |
Auto Extend | No |
Seller Recent Feedback
Returns Policy
Purchase Activity
The item was bought using the BuyNow option.
Buyer : Llana.allister [+3] Date : Sun 07 Jan 2024 13:31:08 (EDT) Amount : $17500.00 |
Questions and Answers
Question From lightningrod [+1] Sat 09 Sep 2023 16:00:23 (EDT) is a quit title available for the property??
|
Answer From markfink8 [+1136] Sat 09 Sep 2023 16:12:56 (EDT) Once you get the quit claim deed you can do a
quiet title it you want. But once 4 years goes by
you will be able to get title insurance. Most people
that buy from me just let the 4 years go by instead
of investing $2500 or so into a quiet title suit
Feel free to call me if you have any more questions
Thanks
Mark
213
503
9464
|
Question From lightningrod [+1] Mon 11 Sep 2023 11:27:11 (EDT) can you do 9,900
|
Answer From markfink8 [+1136] Mon 11 Sep 2023 13:35:07 (EDT) Thanks for the offer but I feel it is aggressively
priced as is
|