tomo logo

$1,150,000

Beds
3
Baths
3.0
sq ft
1,512

189 Patina Blvd, Inlet Beach, FL 32461

189 Patina Blvd

Inlet Beach, FL 32461

  • 43 days on market
BUY WITH ONLY 5% DOWN!Discover this stunning 3-bedroom, 3-bath cottage in the sought-after Magnolia Cottages by the Sea community in Seacrest along 30A. Just steps from the community pool, this beautifully updated home features an open-concept living space with a fully remodeled kitchen, hardwood floors throughout, and tiled bathrooms. The finishes and decor chosen throughout enhances the coastal charm.The downstairs living area seamlessly extends to an oversized screened-in porch, perfect for relaxing or entertaining. Upstairs, the spacious primary suite includes a walk-in closet, an ensuite bath with double vanities, and access to a private open-air porch. One of the additional bedrooms is designed as a double bunk room, maximizing space and comfort. Ideally located near boutique shopping, award-winning dining, and vibrant entertainment, this home also offers convenient access to the sugar-white sandy beaches of 30A that is only a 5 minute walk or .2 Miles. Don't miss this opportunity to own a slice of paradise!

Details

Property type

Single Family Residence

Est. home value

$1,114,710

Lot size

5,663 sq ft

Price per sq ft

$761

Year built

2005

Monthly HOA fee

$250

Price History

02/19/2025
EmeraldCoast

EmeraldCoast #969284

Listed
$1,150,000
+21.05%
02/01/2022
EmeraldCoast

EmeraldCoast #887196

Sold
$950,000
+71.17%
04/08/2019
EmeraldCoast

EmeraldCoast #815788

Sold
$555,000

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

$348,958
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$709,042
Cash to seller
$348,958

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

February 2022

Original loan amount

$760,000

Est. remaining balance

$709,042

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Heinrich Martin Meermann and Kessler Meermann

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: 04/03/2025 at 2:30 PM

Listing updated: 03/26/2025 at 9:16 AM

Listed by: Michael Tomlin, Michael Tomlin, Michael Tomlin, Coldwell Banker Realty Phone #: (850) 650-4563

MLS: EmeraldCoast #969284

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