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$539,000

Beds
2
Baths
2.0
sq ft
836

11 Beachside Dr Unit 514, Santa Rosa Beach, FL 32459

11 Beachside Dr Unit 514

Santa Rosa Beach, FL 32459

  • 150 days on market
    • Price drop $10,000↓
Amazing coastal ground floor 2 bedroom 2 bathroom unit 514 at Beachside Villas in Seagrove Beach just off 30A. Well established rental with 10/10 on 62 reviews. Upgraded with new tile showers, new vanities, new paint, extended cabinets in kitchen, new luxury furnishings and easy beach access. Beachside Villas is located south of 30A in Seagrove Beach. The complex offers free shuttle service to one of largest public beach areas along 30A. This golf cart will pick up and and shuttle you right to the beach! There is no need for finding parking or hauling your beach gear a far distance. The location of unit 514 is just steps to the white sands of the emerald coast for morning walks along the beach. As the 2nd building from the gulf it close to the sand as well as amenities. The complex recently had a complete exterior renovation. To include new metal roof, hardie plank exterior siding, new lights, windows, doors and fiber optic internet. This complex features 2 pools (one heated seasonly), Tennis courts, pickleball courts, outdoor grills and sitting area around the lake. This turn key unit has new HVAC as of 2023 and water heater 2020 making it the ideal rental investment property. The floorplan on this unit is the larger layout of the 2 bedrooms. the extended island in the kitchen is unique to this unit and offers ample space for bar seating. The sounds of gulf can be heard while relaxing on the balcony just off the living room. This unit is offered turn key and fully furnished. The condo has been in meticulous maintained and the reviews are proof. The new Greenway Station is just under 1.5 miles on 30a featuring coffee shop, ice cream, local cantina, high end shopping and more. Beachside villas are 4 miles to Seaside to the west or 5 miles to Alys to the east making it a rental guest favorite for location and amenities. This unit has amazing actual revenue $53,943 in 2023 with unit blocked Jan to March and Nov 12 to Dec for roofing project. Actuals in 2022 $48,422 and 2021 $48,584.

Details

Property type

Condominium

Est. home value

$566,130

Lot size

Unknown

Price per sq ft

$645

Year built

1993

Monthly HOA fee

$900

Price History

09/16/2024
EmeraldCoast

EmeraldCoast #955624

Price change
$539,000
-1.82%
07/26/2024
EmeraldCoast

EmeraldCoast #955624

Listed
$549,000
+63.88%
09/17/2020
EmeraldCoast

EmeraldCoast #851712

Sold
$335,000
+35.63%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool, Tennis Court(s)

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

$267,875
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$228,005
Cash to seller
$267,875

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2020

Original loan amount

$251,250

Est. remaining balance

$228,005

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Thomas A Zudock and Jacqueline Zudock

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: 12/23/2024 at 6:10 AM

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

Listed by: Kathryn Robinson, Kathryn Robinson, Kathryn Robinson, Kathryn Robinson, Kathryn Robinson, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #955624

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