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$549,900

Beds
1
Baths
1.0
sq ft
726

144 Spires Ln Unit 410, Santa Rosa Beach, FL 32459

144 Spires Ln Unit 410

Santa Rosa Beach, FL 32459

  • 511 days on market
    • Price drop $30,000↓
**BEST PRICED CONDO IN GULF PLACE** Welcome to Gulf Place Caribbean on the BEAUTIFUL west end of Scenic Highway 30A! This is a perfectly situated one bedroom, one bathroom condo perched on the TOP (4th) floor of the Caribbean building offering Gulf Views and a wonderful balcony. This condo has been a thriving vacation rentals for years and will be a great addition for the next owners portfolio. This building offers an incredibly convenient environment with excellent pool (heated) and hot tub directly in front and deeded beach access right across 30A. Parking is very easy as well with a large open lot and plenty of spaces for a short walk from the car to the condo. Rental projections are available over $50k per year. If you are looking for a great investment along the popular Scenic 30A corridor this is one to consider!You can't go wrong with the growing Gulf Place Community with amenities that include 3 Deeded Beach Accesses, 3 Swimming Pools, 2 Tennis Courts, BBQ Grilling areas, outdoor Shuffle Board Courts & Corn Hole Courts. The Gulf Place Area features restaurants including Perfect Pig, Pizza by the Sea, Shelby's, Shunk Gulley, Sunrise Coffee Company, South of Philly, Steve's Market, 30A Chef's Deli as well as other specialty shops like Pecan Jack's Ice Cream, Shunk Gulley Beer/Liquor store, Yolo board and bike rentals/sales, a ''30A'' store and two other boutiques.

Details

Property type

Condominium

Est. home value

$631,794

Lot size

Unknown

Price per sq ft

$758

Year built

1996

Annual property taxes

$2,835

Monthly HOA fee

$874

Price History

10/02/2024
CentralPanhandle

CentralPanhandle #743083

Listed
$549,900
10/02/2024
CentralPanhandle

CentralPanhandle #743083

Removed
$549,900
07/31/2024
CentralPanhandle

CentralPanhandle #743083

Price change
$549,900
-5.17%

Schools & Community

Elementary school: 

Van R Butler

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

$357,400
Asking price
$549,900
Closing costs (~8% of asking)
-$43,992
Est. remaining loan balance
-$148,508
Cash to seller
$357,400

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

Seller’s Loan History

Lender

Bancorpsouth Bank

Loan start date

April 2020

Original loan amount

$200,000

Est. remaining balance

$148,508

Interest rate

2.79%

Loan type

New Conventional, 15 year

Seller

Chad Cox and Jennifer Cox

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: 11/14/2024 at 8:30 PM

Listing updated: 10/02/2024 at 1:59 PM

Listed by: Lauren G Cottrell, Engel & Volkers 30A Beaches Phone #: (850) 213-2800

MLS: CentralPanhandle #743083

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