tomo logo

$2,203,290Estimated home value

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

  • Sold On 7/21/2022
The perfect beach cottage south of 30A and just seven minutes from the front door to toes in the water. Relax in rocking chairs on the front porch, nap in the daybed swing under the pergola or lounge in the large private pool. With gorgeous landscaping, you will love the outdoor living spaces as much as you'll enjoy the gathering with friends and family inside. The entire house was renovated in 2021 and is all new. The kitchen, baths, roof, lighting, paint, etc. are all new. The house has 5 bedrooms and 3 baths and a spacious bunk room to easily accommodate up to 15 guests. It is the epitome of a beach escape and has only been used as a second home. Rental projections range from 105K to 150K and it is ready to enjoy as a second home or a great revenue generating investment property

Details

Property type

Single Family Residence

Est. home value

$2,203,290

Lot size

7,841 sq ft

Price per sq ft

$1,103

Year built

2012

Price History

03/02/2025
EmeraldCoast

EmeraldCoast #959516

Removed
$2,399,000
02/06/2025
EmeraldCoast

EmeraldCoast #959516

Price change
$2,399,000
-3.03%
01/09/2025
EmeraldCoast

EmeraldCoast #959516

Price change
$2,474,000
-1.04%

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

$1,124,420
Asking price
$2,599,000
Closing costs (~8% of asking)
-$207,920
Est. remaining loan balance
-$1,266,660
Cash to seller
$1,124,420

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

$1,266,660

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?

Similar Homes Nearby

Price drop
EmeraldCoast
$2,250,000
5 bd
|
5 ba
|
2,472 sq ft
|
House

28 Sandcastle Ct, Santa Rosa Beach, FL 32459

EmeraldCoast
$2,250,000
5 bd
|
4.5 ba
|
3,000 sq ft
|
House

46 Gulf Point Rd, Santa Rosa Beach, FL 32459

Pending
EmeraldCoast
$2,175,000
5 bd
|
6 ba
|
2,867 sq ft
|
House

19 Louva Ln, Santa Rosa Beach, FL 32459

Status: Off Market

Tomo last checked: 04/06/2025 at 3:45 AM

Listing updated: 10/25/2024 at 10:46 PM

Listed by: Cheryl S Mease, Cheryl S Mease, Cheryl S Mease, Go to the Beach Real Estate Phone #: (850) 231-3344

MLS: EmeraldCoast #899023

EmeraldCoast logo