tomo logo

$745,000

Beds
2
Baths
3.0
sq ft
1,008

198 Somerset Bridge Rd Unit 120, Santa Rosa Beach, FL 32459

198 Somerset Bridge Rd Unit 120

Santa Rosa Beach, FL 32459

  • 11 days on market
Start earning from day one with this 100% turnkey rental. Rental projections and a pro-forma are available in the photos for reference. This beautifully updated 2-bedroom bungalow features a modern kitchen and a coastal-inspired design throughout and a balcony overlooking the peaceful neighborhood. Enjoy the community pool just steps away from the bungalow. Conveniently located just a short walk to the beach, it's also close to Seaside and Watercolor, offering easy access along 30a.

Details

Property type

Townhouse

Est. home value

$716,152

Lot size

Unknown

Price per sq ft

$740

Year built

2005

Monthly HOA fee

$517.33

Price History

03/21/2025
EmeraldCoast

EmeraldCoast #971866

Listed
$745,000
+5.08%
12/05/2023
EmeraldCoast

EmeraldCoast #933617

Sold
$709,000
+41.8%
06/01/2021
EmeraldCoast

EmeraldCoast #870427

Sold
$500,000

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The First A National Banking Assn

Loan start date

November 2023

Original loan amount

$602,650

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

Commercial

Seller

Kristen Ellis and Gavin Ellis

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 1:55 PM

Listing updated: 03/22/2025 at 11:06 AM

Listed by: Louise J Lechat, Stay on 30A Realty Phone #: (860) 983-6091

MLS: EmeraldCoast #971866

EmeraldCoast logo

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