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$2,259,000

Beds
5
Baths
4.5
sq ft
2,708

18 Playalinda Ct, Santa Rosa Beach, FL 32459

18 Playalinda Ct

Santa Rosa Beach, FL 32459

  • 11 days on market
Rare Turn-Key Luxury in Seagrove Beach! Fully renovated with addition finished at the end 2024 and over $500K in upgrades, this 5BR/4.5BA home in The Cottages at Eastern Lake includes a brand-new added ~716 sq. ft. guest apartment--perfect for rental income or a full time resident. Features include a chef's kitchen with marble & quartzite countertops, gas range, new stainless appliances, oak flooring, spa-like baths, upscale lighting, and elegant trim throughout. With a gated resort-style pool, furnished interiors, projected $180k+ in annual rental income, and an appraised value nearly $200K over list--this is a rare opportunity in all of Santa Rosa Beach. Enjoy a hot tub, surfboard shower, covered patio, and redesigned exterior with paver driveway, custom entry, and 2-car garage (room for your boat!). Steps from the Eastern Lake Boat Launch and two beach accesses, this prime location is also walkable to popular spots like Old Florida Fish House and Beachy Bean Coffee. With Greenway Station, the Point Washington Forest Trailhead, and easy access to iconic Seaside, this is the perfect setting for relaxed coastal living.

Details

Property type

Single Family Residence

Est. home value

$1,443,642

Lot size

3,485 sq ft

Price per sq ft

$835

Year built

2012

Monthly HOA fee

$250

Price History

03/21/2025
EmeraldCoast

EmeraldCoast #971845

Listed
$2,259,000
+0.4%
12/06/2024
CentralPanhandle

CentralPanhandle #764624

Removed
$2,250,000
11/09/2024
CentralPanhandle

CentralPanhandle #764624

Price change
$2,250,000
-4.26%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Seaside

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

$1,252,702
Asking price
$2,259,000
Closing costs (~8% of asking)
-$180,720
Est. remaining loan balance
-$825,578
Cash to seller
$1,252,702

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

March 2022

Original loan amount

$877,500

Est. remaining balance

$825,578

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

David Kassen and Susan Kassen

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: 04/01/2025 at 2:05 PM

Listing updated: 03/25/2025 at 11:36 PM

Listed by: Abbott Martin Group, EXP Realty LLC Phone #: (850) 460-2900

MLS: EmeraldCoast #971845

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