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$1,987,000

Beds
5
Baths
5.0
sq ft
2,892

106 Palmeira Way, Santa Rosa Beach, FL 32459

106 Palmeira Way

Santa Rosa Beach, FL 32459

  • 273 days on market
    • Price drop $12,000↓
Great opportunities await in this stunning five-bedroom home, finished in 2019 and prominently nestled in the sought-after gated community of Palmeira Villas, centrally located within Seagrove Beach. Positioned adjacent to exceptional beach access, it boasts proximity to world-class restaurants and boutique shopping along the renowned 30A. This exquisite Mediterranean villa, never previously rented, commands attention with a breathtaking corridor view of the Gulf and features an impressive three-story layout adorned with charming coastal decor and professionally selected furnishings across its five bedrooms.

Details

Property type

Single Family Residence

Est. home value

$2,015,664

Lot size

3,485 sq ft

Price per sq ft

$688

Year built

2019

Monthly HOA fee

$160

Price History

06/05/2024
EmeraldCoast

EmeraldCoast #938723

Price change
$1,987,000
-0.6%
04/05/2024
EmeraldCoast

EmeraldCoast #938723

Price change
$1,999,000
-5.26%
03/29/2024
EmeraldCoast

EmeraldCoast #938723

Price change
$2,110,000
-0.47%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated

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

$206,184
Asking price
$1,987,000
Closing costs (~8% of asking)
-$158,960
Est. remaining loan balance
-$1,621,856
Cash to seller
$206,184

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

Seller’s Loan History

Lender

First Horizon Bank

Loan start date

February 2022

Original loan amount

$1,710,000

Est. remaining balance

$1,621,856

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Joshua Donis and Soonjin Song

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: 09/19/2024 at 8:50 PM

Listing updated: 06/05/2024 at 7:33 AM

Listed by: Spears Group, Spears Group, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #938723

EmeraldCoast logo

Recently listed in Santa Rosa Beach