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$1,149,000

Beds
4
Baths
2.5
sq ft
2,022

111 Emerald Beach Way, Santa Rosa Beach, FL 32459

111 Emerald Beach Way

Santa Rosa Beach, FL 32459

  • 13 days on market
Buy with only 5% down!Welcome home to Highland Parks! This exquisite 4-bedroom beach home is located in a highly coveted neighborhood along Scenic 30A. Furnished and move-in ready, this property is ideal as both a family retreat and a lucrative investment opportunity.Step inside to discover an inviting open-concept layout on the main floor, featuring a beautifully designed kitchen, dining area, cozy living space, and a convenient half bath. Completing the first level is a comfortable bedroom, perfect for guests or versatile use. Upstairs, you'll find a spacious master suite with soaring cathedral ceilings, a private ensuite bathroom, and a walk-in closet. This level also includes a bunk room with ample sleeping space and another well-appointed bedroom with an adjoining bathroom making it ideal for accommodating large families or vacationing groups. This home's double porches provide the perfect setting for enjoying tranquil mornings or relaxing evenings, all while soaking in the charm of the surrounding neighborhood. With a strong rental history, this property is a proven income generator for those looking to invest in the ever-popular 30A market. As a resident of Highland Park, you'll have access to an array of exceptional amenities. Enjoy the stunning resort-style pool complete with cascading rock waterfalls, a soothing hot tub, and a gas fire pit area for evening gatherings. The community also features a state-of-the-art outdoor kitchen and scenic walking trails that weave through the enchanting state forest, offering a serene escape into nature's beauty. Positioned just moments from the pristine white sands and vibrant attractions of Scenic 30A, this home offers unparalleled access to the best of beachside living. Whether you're seeking a serene personal getaway or a high-performing vacation rental, this property delivers on all fronts. Don't miss your chance to own a slice of paradise. Contact us today to schedule your private showing and experience firsthand the unmatched charm and luxury of this Highland Park gem. Make your dream of coastal living a reality!

Details

Property type

Single Family Residence

Est. home value

$1,139,444

Lot size

3,485 sq ft

Price per sq ft

$569

Year built

2017

Monthly HOA fee

$195

Price History

01/09/2025
EmeraldCoast

EmeraldCoast #966131

Listed
$1,149,000
-0.09%
12/05/2024
EmeraldCoast

EmeraldCoast #943300

Removed
$1,150,000
02/27/2024
EmeraldCoast

EmeraldCoast #943300

Listed
$1,150,000

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

$474,139
Asking price
$1,149,000
Closing costs (~8% of asking)
-$91,920
Est. remaining loan balance
-$582,941
Cash to seller
$474,139

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

Seller’s Loan History

Lender

Walton Funding Llc

Loan start date

September 2021

Original loan amount

$630,000

Est. remaining balance

$582,941

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Nigel L Bailey

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: 01/22/2025 at 10:20 PM

Listing updated: 01/14/2025 at 12:24 PM

Listed by: Michael Tomlin, Michael Tomlin, Michael Tomlin, Coldwell Banker Realty Phone #: (850) 650-4563

MLS: EmeraldCoast #966131

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