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$2,500,000

Beds
5
Baths
3.0
sq ft
2,358

178 Buddy St, Santa Rosa Beach, FL 32459

178 Buddy St

Santa Rosa Beach, FL 32459

  • 30 days on market
Immerse yourself in the charm of this stunning beach cottage, perfectly situated south of 30A, offering a mere seven-minute stroll to the glistening shoreline. Relax and unwind in the expansive private pool area, surrounded by lush, meticulously maintained landscaping. The entire home underwent a complete renovation in 2021, resulting in a brand-new kitchen, bathrooms, roof, lighting, and freshly painted throughout the entire space. Boasting 5 bedrooms, 3 baths, and a generously sized bunk room, this haven can comfortably accommodate up to 15 guests, making it the ultimate beach retreat. The current rental revenue for 2024 stands at an impressive $100,000.

Details

Property type

Single Family Residence

Est. home value

$2,203,290

Lot size

7,841 sq ft

Price per sq ft

$1,061

Year built

2012

Price History

09/18/2024
EmeraldCoast

EmeraldCoast #959516

Listed
$2,500,000
+7.76%
07/21/2022
EmeraldCoast

EmeraldCoast #899023

Sold
$2,320,000
+86.35%
02/19/2021
EmeraldCoast

EmeraldCoast #854268

Sold
$1,245,000

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

$1,022,781
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$1,277,219
Cash to seller
$1,022,781

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

July 2022

Original loan amount

$1,320,000

Est. remaining balance

$1,277,219

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Anthony J Georges and Melodianna Georges

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 8:20 AM

Listing updated: 10/16/2024 at 1:38 PM

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

MLS: EmeraldCoast #959516

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