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$4,899,999

Beds
10
Baths
10.0
sq ft
6,413

17 Penny Ln, Santa Rosa Beach, FL 32459

17 Penny Ln

Santa Rosa Beach, FL 32459

  • 106 days on market
    • Price drop $100,000↓
INVESTMENT PROPERTY OPPORTUNITY!!This TURNKEY beautiful home has it all; gulf views, elegance, convenience, private pool/spa and plenty of room for all. This home is located in the coastal community of Gulf Place. Having 10 bedrooms and 11 bathrooms (9 full and 2 half),this can comfortably sleep 28 which makes it perfect for: Reunions, Corporate retreats, multi-family gatherings and travelers that demand the finest quality and personal service in their vacation property. With an interior elevator, multi-generational guests can also enjoy this lovely home. *Golf cart included!* The kitchen, dining and living space are spacious and state of the art but if you don't want to cook while on vacation, that won't be a problem. You're a short stroll to great restaurants and caf??s too. This property is also a perfect home for the boaters looking to explore great fishing both in Choctawhatchee Bay or head offshore in the Gulf of Mexico for an experience that will last a life time. ABOUT THE AREA: Gulf Place was specifically designed to slow folks down with beautiful palm tree-lined streets, wide sidewalks, outdoor patios with large umbrellas, nature walking trails, plentiful green spaces, and park benches to sit and enjoy the views. This community features some of 30A's most popular restaurants, whether you are looking for an epic culinary experience, a fun feast for the whole family or just grab a quick bite to take to the beach, Gulf Place has it all. BEACH ACCESS: This lovely home is less than 2 blocks from Ed Walline Public Beach Access. Hop on your bikes and take a stroll down to the beach! ACCOMMODATIONS: Bedroom 1 - King with Ensuite - 1st Floor Bedroom 2 - Bunk Room (4) Twin/Twin beds - Sleeps 8 - 1st Floor Bedroom 3 - King with Ensuite - 1st Floor Bedroom 4 - King with Ensuite - 1st Floor Bedroom 5 - King with Ensuite - 2nd Floor Bedroom 6 - King with Ensuite - 2nd Floor Bedroom 7 - King with Ensuite - 3rd Floor Bedroom 8 - Bunk Room with Ensuite (2) Twin/Twin - Sleeps 4 - 3rd Floor Bedroom 9 - King with Ensuite - 3rd Floor Bedroom 10 - King with Ensuite - 3rd Floor

Details

Property type

Single Family Residence

Est. home value

$3,717,167

Lot size

0.34 acres

Price per sq ft

$765

Year built

2022

Price History

09/05/2024
EmeraldCoast

EmeraldCoast #956267

Price change
$4,899,999
-2%
08/05/2024
EmeraldCoast

EmeraldCoast #956267

Listed
$4,999,999
+49.25%
06/01/2022
EmeraldCoast

EmeraldCoast #874778

Sold
$3,350,000

Schools & Community

Elementary school: 

Van R Butler

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

$2,581,911
Asking price
$4,899,999
Closing costs (~8% of asking)
-$392,000
Est. remaining loan balance
-$1,926,088
Cash to seller
$2,581,911

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2022

Original loan amount

$2,000,000

Est. remaining balance

$1,926,088

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Jeffrey Tien Vu

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: 11/19/2024 at 8:30 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Christy R Leipprandt, Christy R Leipprandt, The Premier Property Group Phone #: (850) 337-1555

MLS: EmeraldCoast #956267

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