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$875,000

Beds
4
Baths
4.0
sq ft
1,858

117 Michaela Ln, Santa Rosa Beach, FL 32459

117 Michaela Ln

Santa Rosa Beach, FL 32459

  • 125 days on market
    • Price drop $70,000↓
Dreaming of a beach retreat? This 4BR/4BA coastal gem offers the perfect combination of location, charm, and investment potential. Located less than half a mile from 30A's pristine beaches and the lively Gulf Place Town Center. With a proven track record as a short-term rental, this home is an excellent opportunity for both personal enjoyment and income generation. Nestled on a coveted corner lot, the property features a fenced yard for added privacy, one of the lowest HOA fees on 30A, and effortless access to the sparkling community pool. Whether you're seeking a serene getaway, a fun-filled beach escape, or a smart investment, this property checks all the boxes. Don't miss your chance to own a slice of paradise on 30A! The home boasts an open floor plan with 10' ceilings downstairs. The main level includes a king bedroom with an ensuite bath and another full bath. Upstairs, the primary suite features a king bed, walk-in closet, and luxe bath with double vanities, soaking tub, and walk-in shower. Another king bedroom has a private ensuite, while the fourth bedroom suits bunk beds or flexible use. Updates include a freshly painted exterior, new HVAC units, new bedroom carpet, and a fenced yard.

Details

Property type

Single Family Residence

Est. home value

$1,097,577

Lot size

3,920 sq ft

Price per sq ft

$471

Year built

2012

Monthly HOA fee

$125

Price History

12/05/2024
EmeraldCoast

EmeraldCoast #959527

Price change
$875,000
-7.41%
10/22/2024
EmeraldCoast

EmeraldCoast #959527

Price change
$945,000
-5.03%
09/20/2024
EmeraldCoast

EmeraldCoast #959527

Listed
$995,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool

Seller’s Loan History

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

Lender

Synovus Bank

Loan start date

June 2013

Original loan amount

$85,000

Est. remaining balance

Not provided

Interest rate

2.56%

Loan type

Credit Line (Revolving)

Seller

Kerry R Cochran and Tami Tarr Cochran

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: 01/23/2025 at 12:35 AM

Listing updated: 01/18/2025 at 5:14 PM

Listed by: Angela Rhoton, Sun Beach Realty LLC Phone #: (850) 332-2667

MLS: EmeraldCoast #959527

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