tomo logo

$799,000

Beds
2
Baths
2.0
sq ft
864

103 Cottage Way Unit 13, Inlet Beach, FL 32461

103 Cottage Way Unit 13

Inlet Beach, FL 32461

  • 247 days on market
    • Price drop $51,000↓
Step into the welcoming embrace of 103 Cottage Way, situated within the enchanting community of the Cottages at Camp Creek. This charming coastal retreat offers coveted deeded beach access and a glistening community pool and hot tub conveniently located just outside your back door! Affectionately known as the ''Barbie house'' for its delightful purple and pink exterior, this rental has experienced a surge in popularity, mirroring Barbie's own resurgence, with rental income averaging $46K-52K over recent years, accompanied by consistent 5-star reviews from renters. Boasting 2 bedrooms, 2 bathrooms, and a generously proportioned open floor plan, complemented by an inviting rear porch, this poolside haven is tailor-made for small groups or families seeking relaxation. Additionally, enjoy the proximity of being a mere 5-minute bike ride from the renowned Alys Beach and a 10-minute ride to Barrett Square in Rosemary. For outdoor enthusiasts, Camp Creek Lake, just one mile to the west, presents an array of activities including kayaking, paddleboarding, fishing, and bird-watching. Recent updates in 2023 include a new hot water heater, refrigerator, and washer/dryer, with the exterior A/C unit replaced in 2020. Don't let this opportunity slip by to own your own piece of coastal paradise on the picturesque 30A!

Details

Property type

Single Family Residence

Est. home value

$891,323

Lot size

Unknown

Price per sq ft

$925

Year built

2003

Monthly HOA fee

$233.33

Price History

05/25/2024
EmeraldCoast

EmeraldCoast #945341

Price change
$799,000
-6%
04/26/2024
EmeraldCoast

EmeraldCoast #945341

Price change
$850,000
-2.86%
03/21/2024
EmeraldCoast

EmeraldCoast #945341

Listed
$875,000

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$628,633
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$106,447
Cash to seller
$628,633

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

M & T Bank

Loan start date

April 2013

Original loan amount

$145,085

Est. remaining balance

$106,447

Interest rate

3.52%

Loan type

New Conventional, 30 year

Seller

Sabre S Du Boise

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 8:25 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Carrie P Taylor, Carrie P Taylor, EXP Realty LLC Phone #: (850) 213-4091

MLS: EmeraldCoast #945341

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