tomo logo

$3,999,999

Beds
5
Baths
4.5
sq ft
4,726

1239 Driftwood Point Rd, Santa Rosa Beach, FL 32459

1239 Driftwood Point Rd

Santa Rosa Beach, FL 32459

  • 199 days on market
A magnificent custom Mediterranean estate situated on 100 ft of Choctawhatchee Bay. This showpiece's timeless, luxurious appointments; open, airy floor plan; and opulent landscaping are matched in exquisiteness only by the surrounding natural scenery. A large expanse of glass seamlessly merges the interior with the outdoors. A spectacular, fenced-in bayfront oasis features a large pool and covered sitting area. Incredible Sunrise views. This home offers master on the main, 2 master suites on 2nd floor, a study and a separate media room that can easily be turned into a 5th bedroom. Both the 1st floor and 2nd floor master suites offer outdoor access and luxurious en suites. Just 7 minutes north of Sandestin/Grand Blvd and 15mins to 30A. Exterior freshly painted all white. Bank Qual required

Details

Property type

Single Family Residence

Est. home value

$2,291,731

Lot size

0.68 acres

Price per sq ft

$847

Year built

2004

Monthly HOA fee

$33.33

Price History

08/12/2024
EmeraldCoast

EmeraldCoast #943770

Listed
$3,999,999
06/15/2024
EmeraldCoast

EmeraldCoast #943770

Removed
$3,999,999
03/04/2024
EmeraldCoast

EmeraldCoast #943770

Listed
$3,999,999

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Freeport

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

$3,313,785
Asking price
$3,999,999
Closing costs (~8% of asking)
-$320,000
Est. remaining loan balance
-$366,214
Cash to seller
$3,313,785

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

Seller’s Loan History

Lender

Cf Bank

Loan start date

August 2020

Original loan amount

$478,800

Est. remaining balance

$366,214

Interest rate

2.58%

Loan type

New Conventional, 15 year

Seller

Hany Iskander Fahmy and Mary Sorial Fahmy

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
$3,500,000
5 bd
|
4 ba
|
4,055 sq ft
|
House

136 Casa Grande Ln, Santa Rosa Beach, FL 32459

Price drop
EmeraldCoast
$3,995,000
5 bd
|
5.5 ba
|
5,387 sq ft
|
House

3293 Burnt Pine Ln, Miramar Beach, FL 32550

EmeraldCoast
$3,750,000
4 bd
|
4.5 ba
|
4,383 sq ft
|
House

3290 Burnt Pine Ln, Miramar Beach, FL 32550

Status: Active

Tomo last checked: 09/19/2024 at 7:55 PM

Listing updated: 08/13/2024 at 1:13 PM

Listed by: Keith R Gordon, GetMoreOffers Phone #: (877) 232-9695

MLS: EmeraldCoast #943770

EmeraldCoast logo

Recently listed in Santa Rosa Beach