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$2,049,000

Beds
6
Baths
5.5
sq ft
2,572

164 Shady Pines Dr, Santa Rosa Beach, FL 32459

164 Shady Pines Dr

Santa Rosa Beach, FL 32459

  • 2 days on market
Professional photos coming this week. 30a Shady Palms 6 bedrooms and 5 baths with private pool is located in the heart of Seagrove Beach. 2023 Rental Revenue of $140k and 2024 currently at $134k and climbing. Seagrove is known for its robust rental market, driven by year round tourism and a growing local population. Investors can anticipate strong rental yields and high occupancy rates, making this a solid addition to any real estate portfolio.

Details

Property type

Single Family Residence

Est. home value

$1,898,650

Lot size

6,534 sq ft

Price per sq ft

$797

Year built

2020

Price History

09/16/2024
EmeraldCoast

EmeraldCoast #959211

Listed
$2,049,000

Schools & Community

Elementary school: 

Dune Lakes

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

$719,493
Asking price
$2,049,000
Closing costs (~8% of asking)
-$163,920
Est. remaining loan balance
-$1,165,587
Cash to seller
$719,493

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

April 2022

Original loan amount

$1,220,000

Est. remaining balance

$1,165,587

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Robin Renee Hudson and Justin Ray Hudson

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: 09/18/2024 at 9:35 PM

Listing updated: 09/17/2024 at 2:54 PM

Listed by: Brian M Raymond, Brian M Raymond, Berkshire Hathaway HomeServices PenFed Realty Phone #: (850) 267-0013

MLS: EmeraldCoast #959211

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