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$2,500,000

Beds
5
Baths
4.5
sq ft
2,680

1235 Allen Loop Dr, Santa Rosa Beach, FL 32459

1235 Allen Loop Dr

Santa Rosa Beach, FL 32459

  • 818 days on market
    • Price drop $450,000↓
LOCATED ACROSS SCENIC 30A FROM ONE OF THE LARGEST EXPANSES OF PUBLIC BEACH ALONG 30A IN SANTA ROSA BEACH, FLORIDA! NEW POOL, HOT TUB, and PRIVACY FENCE! NO HOA! Welcome to 1235 Allen Loop Drive of Dune Allen Beach, Florida! This extraordinary address hosts an exceptionally well-constructed and maintained resort home that offers broad versatility through many potential use scenarios, such as an ultimate family compound with independently accessible floors and private balconies featuring breathtaking view corridors to the Gulf of Mexico; or perhaps an investor interested in optimizing robust resort rental income coupled with use and enjoyment, offering a tangible, income-producing, generational asset with residual value and the superb lifestyle of Scenic 30A in... Santa Rosa Beach, Florida; an area that ranks among the most favorable in the nation. This 3-story coastal retreat, constructed in 2017, is... oriented perfectly and only approximately 250' to the world-class, Caribbean-like beaches indicative of the ecological treasure trove 30A has to offer. The beach access is public and maintained by Walton County. Oyster Lake, a rare Coastal Dune Lake that is only a stone's throw away, the likes of which can be discovered in only five countries around the globe, can be admired from the rooftop terrace as you also enjoy the sensational sunsets and fabulous views of the Emerald Green Gulf waters reflecting beautifully from the sugary-white beach (Quartz sand) atop your family's private enclave. The home design and its engineering is state of the art, as the seller has and continues to commit exceptional passion and pride of ownership. The site will accommodate at least 13 cars, partly covered inside 3 enclosed garages; additionally, a concrete pad site that could accommodate a large motorcoach or up to a 40' boat/trailer. Handicap accessible features, including ramps and an elevator that services three floors, will broaden your ability to offer the utmost conveniences to your family and guests. All four floors, which include the rooftop terrace, are accessible from internal stairs, as well as an external stair structure. Should expansion be of interest, the garage level is constructed and insulated to cost-effectively accommodate more bedrooms and living areas. Located on the West end of the Scenic 30A corridor, this location is undeniably most convenient to South Walton County's most favored commercial conveniences, shopping & restaurant districts, such as Grand Boulevard, Sacred Heart Hospital, and a phenomenal state park known as Topsail State Park, which offered guests 1,600 acres of indigenous forest, 3-miles of native, protected beach, and hiking & biking trails. Please inquire for further details and to schedule a private showing.

Details

Property type

Single Family Residence

Est. home value

$2,384,695

Lot size

8,712 sq ft

Price per sq ft

$933

Year built

2017

Price History

06/06/2024
EmeraldCoast

EmeraldCoast #906651

Price change
$2,500,000
-15.25%
08/24/2022
EmeraldCoast

EmeraldCoast #906651

Listed
$2,950,000

Schools & Community

Elementary school: 

Van R Butler

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

$2,176,878
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$123,122
Cash to seller
$2,176,878

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

Seller’s Loan History

Lender

Real Estate Mortgage Network Inc

Loan start date

September 2012

Original loan amount

$172,500

Est. remaining balance

$123,122

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Jeffrey J Torretto and Amy E Torretto

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: 11/19/2024 at 10:10 AM

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

Listed by: John Paul Somers, John Paul Somers, Somers & Company Phone #: (850) 654-7777

MLS: EmeraldCoast #906651

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