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$3,600,000

Beds
5
Baths
6.5
sq ft
4,075

196 Wood Beach Dr, Santa Rosa Beach, FL 32459

196 Wood Beach Dr

Santa Rosa Beach, FL 32459

  • 9 days on market
Welcome to 196 Wood Beach Drive, a newly constructed masterpiece in the coveted Sugarwood neighborhood of Santa Rosa Beach. Designed for both relaxation and investment potential, this exquisite 5-bedroom + bunk room, 6.5-bathroom home is an absolute gem along 30A.Step inside to a seamlessly open-concept layout, where the living, dining, and gourmet kitchen blend effortlessly. High-end finishes, a massive kitchen island with breakfast bar seating, and custom designer furnishings exude coastal elegance. Every bedroom is a private retreat, featuring en suite baths, including five king master suites and a built-in bunk room with four twin beds--perfect for accommodating guests in style. Outdoors, indulge in resort-style living with a private heated pool, sun shelf, hot tub, and an outdoor kitchenall surrounded by multiple porches and patios ideal for entertaining or unwinding in the ocean breeze. Located just a short stroll from the beach and the iconic town of Seaside, this home offers unparalleled beach access. Whether you're seeking a full-time residence, a second home, or a high-performing vacation rental, this property delivers. Currently managed by Southern Holiday Homes, it has a strong rental history, making it an exceptional income-producing investment. As a bonus, the home conveys fully furnished and includes a 6-seater street-legal golf cart, ensuring effortless coastal adventures. Don't miss your opportunity to own this slice of paradise in one of 30A's most sought-after communities!

Details

Property type

Single Family Residence

Est. home value

$3,176,776

Lot size

Unknown

Price per sq ft

$884

Year built

2023

Monthly HOA fee

$29.17

Price History

02/14/2025
EmeraldCoast

EmeraldCoast #968599

Listed
$3,600,000
+12.71%
07/17/2023
EmeraldCoast

EmeraldCoast #927834

Sold
$3,194,000

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

$1,366,495
Asking price
$3,600,000
Closing costs (~8% of asking)
-$288,000
Est. remaining loan balance
-$1,945,505
Cash to seller
$1,366,495

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

June 2023

Original loan amount

$2,000,000

Est. remaining balance

$1,945,505

Interest rate

6.35%

Loan type

New Conventional, 25 year

Seller

Seagrove Cove Llc

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: 02/23/2025 at 1:20 AM

Listing updated: 02/18/2025 at 4:55 PM

Listed by: Dahler & Co., Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #968599

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