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$2,400,000

Beds
6
Baths
6.0
sq ft
4,243

164 Clipper St, Inlet Beach, FL 32461

164 Clipper St

Inlet Beach, FL 32461

  • 30 days on market
STRONG RENTAL POTENTIAL WITH OVER 4,243SQFT!! Tucked away on a dead-end street south of 30A, this one-of-a-kind luxurious property in Prominence South is an investor's dream boasting 5,600+ sqft of indoor/outdoor entertainment space, private elevator, parking for 8+ vehicles, 6 bedrooms, 6 baths, and a 2-car garage.PRIVATE POOL AND FENCE Grandfathered in per HOA!! Located just steps from Watersound Beach Club private members-only gate, resort-style community pool, and The Big Chill makes this the perfect beach haven for a full-time residence, second home, or high income producing short-term vacation property. Pride of ownership shines throughout this never-rented luxury home that showcases the largest and most expansive floor plan in Prominence. Drive into a beautiful brick paver driveway with a gorgeous front porch between two separate garages. The ground floor includes an expansive foyer with detailed millwork/shiplap and opens to a large flex space/bedroom complete with a full bathroom, storage space and spacious porch. Take the private elevator or stairs to the 2nd floor to find the large great room that contains an abundance of natural light and opens to a state-of-the-art kitchen with quartz countertops, stainless steel appliances, mosaic tile backsplash and a large island/bar perfect for entertaining family and friends. Also located on the 2nd floor is a spacious porch and 2 covered patios, separate dining room, guest bedroom/office, full bathroom, and a guest suite with ensuite bathroom. On the 3rd floor you will find 2 additional guest bedrooms each with a full bath, laundry room, spacious master suite and master bathroom offering a large shower and tub, separate vanities and two walk-in closets. Prominence is a retreat from the modern world and an essential community along scenic 30A. With a blend of coastal resort living, easy access to a vibrant town center 'The Big Chill', and the beautiful beaches of the Emerald Coast.... it's also a way of life in a community that lives up to its name. The Town of Prominence is located on HWY 30A between Seagrove Beach and Alys Beach, next to WaterSound Beach. Residents will enjoy low HOA fees, easy access to a beautiful Town Center (the big chill), Resort style pool. "The big Chill'' includes restaurants, shops, and an amphitheater with covered event pavilion, a cinema screen for movies, as well as a stage for concerts and events...There's a reason it's called "The Greatest Backyard Party of all Time"

Details

Property type

Single Family Residence

Est. home value

$2,478,622

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$566

Year built

2017

Monthly HOA fee

$271

Price History

03/04/2025
EmeraldCoast

EmeraldCoast #970131

Listed
$2,400,000
-1.84%
02/11/2025
EmeraldCoast

EmeraldCoast #959558

Removed
$2,445,000
11/19/2024
EmeraldCoast

EmeraldCoast #959558

Price change
$2,445,000
-0.2%

Schools & Community

Elementary school: 

Dune Lakes

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

$1,397,834
Asking price
$2,400,000
Closing costs (~8% of asking)
-$192,000
Est. remaining loan balance
-$810,166
Cash to seller
$1,397,834

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2017

Original loan amount

$950,000

Est. remaining balance

$810,166

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Steven Finkelstein and Lauren Finkelstein

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?

Status: Active

Tomo last checked: 04/03/2025 at 2:35 PM

Listing updated: 03/23/2025 at 11:26 AM

Listed by: Justin D Wilkerson, Justin D Wilkerson, Justin D Wilkerson, Justin D Wilkerson, Justin D Wilkerson, Justin D Wilkerson, Justin D Wilkerson, Real Broker LLC Phone #: (855) 450-0442

MLS: EmeraldCoast #970131

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