tomo logo

$850,000

Beds
3
Baths
3.0
sq ft
1,639

123 Little Canal Dr, Santa Rosa Beach, FL 32459

123 Little Canal Dr

Santa Rosa Beach, FL 32459

  • 7 days on market
Welcome to 123 Little Canal Drive, a cozy compound that seamlessly blends privacy and convenience! This property is nestled in the heart of Point Washington between the Choctawhatchee Bay and just a quick drive to a local favorite, Grayton Beach! The compound in comprised of a main home, guest quarters, ample parking, and an outdoor oasis equipped with a private pool and fire pit.The main cottage boasts 2 Bedrooms and 2 Baths, charming porches, an open living area with beautiful vaulted ceilings, and kitchen featuring granite countertops and stainless steel appliances. The carriage house features an additional bedroom, full bath, kitchen, and stylish modern furnishings, perfect for guests. This property would make a great full time residence or investment with proven STR history!

Details

Property type

Single Family Residence

Est. home value

$765,847

Lot size

0.26 acres

Price per sq ft

$519

Year built

2017

Price History

02/24/2025
EmeraldCoast

EmeraldCoast #969483

Listed
$850,000
+12.58%
05/10/2022
EmeraldCoast

EmeraldCoast #894205

Sold
$755,000
+74.36%
02/20/2020
EmeraldCoast

EmeraldCoast #828989

Sold
$433,000
+0.7%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

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

$252,969
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$529,031
Cash to seller
$252,969

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

May 2022

Original loan amount

$555,000

Est. remaining balance

$529,031

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Cameron Penn and Lauren Penn

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?

Similar Homes Nearby

EmeraldCoast
$924,900
3 bd
|
2.5 ba
|
2,124 sq ft
|
House

200 Adair Ln, Santa Rosa Beach, FL 32459

EmeraldCoast
$910,000
3 bd
|
2.5 ba
|
1,705 sq ft
|
House

353 Gulfview Cir, Santa Rosa Beach, FL 32459

Price drop
EmeraldCoast
$807,000
3 bd
|
2.5 ba
|
1,704 sq ft
|
House

14 Taylor Krenkel Ct, Santa Rosa Beach, FL 32459

Status: Active

Tomo last checked: 03/03/2025 at 11:50 PM

Listing updated: 02/25/2025 at 11:04 AM

Listed by: Michaelanne M Lauderdale, Michaelanne M Lauderdale, Michaelanne M Lauderdale, Inlet Beach Real Estate Phone #: (850) 347-0777

MLS: EmeraldCoast #969483

EmeraldCoast logo