tomo logo

$765,000

Beds
2
Baths
2.5
sq ft
1,008

198 Somerset Bridge Rd Unit 137, Santa Rosa Beach, FL 32459

198 Somerset Bridge Rd Unit 137

Santa Rosa Beach, FL 32459

  • 1 day on market
Looking for an ideal income producing investment property in a prime location on the east end of 30A? With a proven rental history, this fully renovated beach bungalow right in the heart of Seagrove Beach checks all the boxes and mo. Perfectly positioned just minutes from the breathtaking Emerald Coast and only steps from a resort-style community pool and hot tub, this turn-key 2B/2B, two-story beach cottage in The Bungalows at Seagrove offers an ideal blend of comfort and convenience.This well-maintained coastal retreat boasts 1,008 square feet of thoughtfully designed living space across two levels. The first floor features an inviting open-concept layout, highlighted by a fully renovated, spacious kitchen with a bright and airy living space, anchored by a cozy dining area. A powder room and washer/dryer are conveniently located off the main living area for added functionality. Upstairs, both bedrooms offer private ensuite bathrooms and direct access to a porch overlooking the community pool. A custom built twin over queen bunk bed is perfect for the kids that can comfortably sleep a family of four in one room! Nestled in the heart of Seagrove Beach, The Bungalows at Seagrove offer convenient, beach access, just a four-minute walk away at the end of the road across from Tom Thumb on 30A. Enjoy a vibrant coastal lifestyle with popular local eateries like Caf?? 30A, Angelina's, The Donut Hut, and The Perfect Pig just moments away. And coming in summer 2025, a new Walton County public beach access with bathroom facilities and parking adds enormous value to this location! Whether you're seeking a second home or a high-income producing vacation investment property, this charming 30A bungalow in Seagrove Beach is ready and waiting to welcome you home to 30A living at its finest. Buyer to verify all dimensions.

Details

Property type

Single Family Residence

Est. home value

$709,202

Lot size

871 sq ft

Price per sq ft

$759

Year built

2005

Monthly HOA fee

$517.33

Price History

04/02/2025
EmeraldCoast

EmeraldCoast #972867

Listed
$765,000
+29.66%
12/17/2021
EmeraldCoast

EmeraldCoast #885506

Sold
$590,000
+63.89%
08/07/2020
EmeraldCoast

EmeraldCoast #847933

Sold
$360,000

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

$227,901
Asking price
$765,000
Closing costs (~8% of asking)
-$61,200
Est. remaining loan balance
-$475,899
Cash to seller
$227,901

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2021

Original loan amount

$511,000

Est. remaining balance

$475,899

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Brian Maurice Johnson and Pamela Smith Johnson

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 2:45 PM

Listing updated: 04/03/2025 at 10:21 AM

Listed by: Lynne Andrews, Lynne Andrews, Lynne Andrews, Christies International Real Estate Emerald Coast Phone #: (850) 213-2800

MLS: EmeraldCoast #972867

EmeraldCoast logo

Recently listed in Santa Rosa Beach