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$2,350,000

Beds
4
Baths
3.5
sq ft
2,706

16 Gulf Point Rd, Santa Rosa Beach, FL 32459

16 Gulf Point Rd

Santa Rosa Beach, FL 32459

  • 198 days on market
    • Price drop $75,000↓
Newer construction and immaculate home south of 30A with a private heated pool and spa. Primary master on main with three very large suites on second floor is the perfect setup. Custom finishes throughout include: metal roof, hardi plank siding, 10' ceilings, Miami white quartz counter tops, Frigidaire professional series appliances, Screened porch, ship lap in main living area and is being offered FULLY FURNISHED. Being south of 30A, this location is prime as you do not have to cross any streets to get to the beach and you have the choice of multiple accesses... which will be your favorite? With strong rental revenue history, this is a special opportunity to own your piece of paradise.

Details

Property type

Single Family Residence

Est. home value

$1,954,210

Lot size

7,405 sq ft

Price per sq ft

$869

Year built

2020

Price History

06/28/2024
EmeraldCoast

EmeraldCoast #946317

Price change
$2,350,000
-3.09%
04/03/2024
EmeraldCoast

EmeraldCoast #946317

Listed
$2,425,000
+150.26%
08/19/2020
EmeraldCoast

EmeraldCoast #846640

Sold
$969,000

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

$1,201,189
Asking price
$2,350,000
Closing costs (~8% of asking)
-$188,000
Est. remaining loan balance
-$960,811
Cash to seller
$1,201,189

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

January 2022

Original loan amount

$1,020,000

Est. remaining balance

$960,811

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Christopher Purvis and Jennifer Purvis

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: 10/18/2024 at 12:20 PM

Listing updated: 09/25/2024 at 8:45 AM

Listed by: Clark & Mitchell Group, Rosemary Beach Realty LLC Phone #: (850) 278-2000

MLS: EmeraldCoast #946317

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