Lot 5 Paradise By The Sea Court, Inlet Beach, FL 32461 (MLS# 973633)

Lot 5 Paradise By The Sea Court, Inlet Beach, FL 32461

$2,950,000

Aerial View of Homesite and Community - Looking West

Aerial View of Homesite and Community - Looking East

Property Type: Land Lot Size (sq. ft.): 20,909 Status: Sold

Current Price: $2,950,000 List Date: 4/14/2025 Last Modified: 4/26/2025

Overview

Description

One tier from the Gulf in the highly sought after community of Paradise By The Sea, primely located immediately adjacent to Alys Beach and just west of Rosemary Beach. Paradise By The Sea is noted for its high level of privacy and exclusivity. This estate-sized homesite of nearly half of an acre sits one back from the gulf-front, and its impressively large footprint of 60 feet wide and 345 feet deep will accommodate a large primary residence, carriage house and a private pool and convey gulf views. With just 51 homesites, all large, estate-sized properties that have defined the community, Paradise By The Sea spans 1,700 feet of along the Gulf. No build-out time requirement and low assessment fees.

Listing Details MLS# 973633

Status Change Info

Under Contract Date: 2024-06-19
Sold Date: 2025-04-21
Sold Price/Acre: 6145833.33

Contract Info

Listing Board: Emerald Coast
List Price/Acre: 6145833.33

Location Tax and Legal

Street #: Lot 5
Street Name: Paradise By The Sea
Street Suffix: Court
Area: 18 - 30A East
State: FL
Zip Code: 32461
County: Walton
Project Name/Subdivision: PARADISE BY THE SEA
Parcel ID: 35-3S-18-16020-00C-0050

General Property Info

Sub-Type: Vacant Land
Acreage: 0.48

Location, Tax and Legal

Sub Area: 1806 - S of of 30A/East
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 5 BLK C PARADISE BY THE SEA S/D PB 11-14 OR 1196-38 OR 2295-630 &-631

More Information

Listing Info, Tax & Legal

Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 6620
Annual Assessment Amount: 6620
Assessment Paid: Annually
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: No

Remarks & Misc

Remarks: One tier from the Gulf in the highly sought after community of Paradise By The Sea, primely located immediately adjacent to Alys Beach and just west of Rosemary Beach. Paradise By The Sea is noted for its high level of privacy and exclusivity. This estate-sized homesite of nearly half of an acre sits one back from the gulf-front, and its impressively large footprint of 60 feet wide and 345 feet deep will accommodate a large primary residence, carriage house and a private pool and convey gulf views. With just 51 homesites, all large, estate-sized properties that have defined the community, Paradise By The Sea spans 1,700 feet of along the Gulf. No build-out time requirement and low assessment fees.

Waterview

Gulf: Yes

Lot Features

Covenants: Yes
Restrictions: Yes
Within 1/2 Mile to Water: Yes

Project Facilities

Beach: Yes
Deed Access: Yes
Fishing: Yes
Gated Community: Yes
Pets Allowed: Yes
Waterfront: Yes

Lot Access

Controlled Access: Yes
Paved Road: Yes
Private Road: Yes

Utilities

Electric: Yes
Gas Available: Yes
Phone: Yes
Public Sewer: Yes
Public Water: Yes

Zoning

Resid Single Family: Yes

Financing

Conventional: Yes
None: Yes

Fees Include

Accounting: Yes
Ground Keeping: Yes
Management: Yes
Security: Yes

Property Features

Lot Access: Controlled Access; Paved Road; Private Road Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Waterview: Gulf Project Facilities: Beach; Deed Access; Fishing; Gated Community; Pets Allowed; Waterfront Utilities: Electric; Gas Available; Phone; Public Sewer; Public Water Financing: Conventional; None Fees Include: Accounting; Ground Keeping; Management; Security

Listing Office: Coastal Luxury

Last Updated: April - 26 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.