NOT LISTED FOR SALE

150th SW Shawnee Ave Indiantown, FL 34956

7 Acres
-- Price per Acre
314,068 Sq Ft Lot

Last Sold June 12, 2024

Last sale price $815,000

68 Days on Market

About This Lot

As of June 2024

This 7.22 acre site is a prime opportunity for multi-family development. Zoned as neighborhood mix use(NMU) located in the Village Indiantown Florida. Conceptually designed for 71 townhomes with water, sewer, and electric in close proximity to the property. Indiantown Florida is a US-designated Opportunity Zone making this 7-acre site an exceptional opportunity for developers seeking to create a vibrant, modern and highly sought-after community. Current Due Diligence Items Completed - Flora Fauna, wetland, and tortoise burrow - Title Commitment - Survey (boundary and topo) - Phase 1 ESA - Geotech borings - Prelim Site Plan - DD Report & Coordination of above professionals

Last Listed By

Zachary Schmidt

Compass Florida LLC License #3219996 Listed on: 04/04/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,864

Lot Details

  • Brush Vegetation
  • Site Plan Filed
  • Property is zoned NMU

Location

  • City Lot

Community Details

  • Village Of Indiantown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054039000000000637

Property Details

Property Type

Land

Est. Annual Taxes

$2,864

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 054039000000000637
  • Development Status: Site Plan Filed
  • Lot Size: 5 to 10 Acres
  • Zoning Description: NMU

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2864.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 12, 2024
Sold by
Sarasota Holdings Trust and Gf Casa Trust
Bought by
Jpi Indiantown Inc
Seller's Agent
Zachary Schmidt
Compass Florida LLC
Buyer's Agent
Tina Fingerman
Beaches MLS
List Price
$975,000
Sold Price
$815,000
Premium/Discount to List
-$160,000
-16.41%
Total Days on Market
68
Views
14

Purchase Details

Closed on
May 13, 2022
Sold by
Three Little Indians Llc
Bought by
Sarasota Holdings Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,500
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 17, 2017
Sold by
A To Z Properties Inc
Bought by
Three Little Indians Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,887
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2011
Sold by
Krystal Fine Homes Co Inc
Bought by
A To Z Properties Inc

Purchase Details

Closed on
Feb 25, 2004
Sold by
Indiantown Baptist Church Inc
Bought by
Krystal Fine Homes Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 1, 1984
Bought by
A To Z Properties Inc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jpi Indiantown Inc $815,000 None Listed On Document
Sarasota Holdings Trust $650,000 Band Gates & Dramis Pl
Sarasota Holdings Trust $650,000 Band Gates & Dramis Pl
Three Little Indians Llc $130,000 Moriner Title Co
A To Z Properties Inc -- None Available
Krystal Fine Homes Co Inc $165,000 First Fidelity Title Inc
A To Z Properties Inc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarasota Holdings Trust $772,500
Previous Owner Three Little Indians Llc $79,887
Previous Owner Krystal Fine Homes Co Inc $30,000
Previous Owner Krystal Fine Homes Co Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $815,000 -16.4% --
04/04/2024 04/04/24 For Sale $975,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,610 $579,460 $579,460 --
2023 $9,610 $549,620 $549,620 $0
2022 $2,747 $154,341 $0 $0
2021 $2,537 $140,310 $140,310 $0
2020 $2,554 $140,310 $140,310 $0
2019 $2,475 $134,250 $134,250 $0
2018 $2,471 $134,250 $134,250 $0
2017 $1,361 $80,750 $80,750 $0
2016 $1,304 $76,720 $76,720 $0
2015 -- $70,140 $70,140 $0
2014 -- $70,140 $70,140 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10974890

BeachesMLS

APN: 05-40-39-000-000-00063-7