tomo logo

$3,699,000

Beds
7
Baths
6.5
sq ft
3,483

216 E Park Place Ave, Inlet Beach, FL 32461

216 E Park Place Ave

Inlet Beach, FL 32461

  • 16 days on market
Unmatched Opportunity in the Heart of Inlet Beach Welcome to 216 E Park Place Avenue, a property brimming with potential and located just steps from the sugar-white sands and emerald waters of the Gulf. Situated on a generous lot in one of the most desirable areas along 30A, this is a rare chance to create something truly remarkable--whether it's a stunning new development or a personalized coastal retreat. Looking to Build Something Extraordinary?This expansive lot offers unparalleled potential for redevelopment. With ample space and a prime location, envision creating luxury residences that blend seamlessly with Inlet Beach's upscale charm. The proximity to Rosemary Beach, Alys Beach, and the vibrant 30A corridor ensures a high level of demand for any future builds. Dreaming of Transforming a Coastal Home? This unique property includes two existing homes, each thoughtfully designed to capture the coastal lifestyle. The main home, Mystic Cottage, spans approximately 1,826 square feet and features four bedrooms and four baths, comfortably accommodating up to 13 guests. The guest home, Hideaway Cottage, offers 1,657 square feet with three bedrooms and 2.5 baths, sleeping up to 8 guests. Both homes share a private pool, creating a resort-like setting that enhances the property's allure. Whether you envision renovating the existing structures or starting fresh, these features provide an excellent foundation for a customized coastal retreat. The potential to reimagine these homes into a modern masterpiece or preserve their charm makes this property an exceptional opportunity for buyers with a creative vision. Perfectly positioned steps from the Gulf of Mexico, this property offers an idyllic blend of natural beauty and convenience. Its generous lot provides room to create a luxury estate or multiple custom homes, while its proximity to world-class dining, boutique shopping, and the vibrant charm of 30A ensures effortless access to the best of coastal living. With its serene setting and unparalleled location, 216 E Park Place Avenue is a rare find for those seeking the ultimate Inlet Beach lifestyle. This is more than a property; it's an invitation to shape the future of Inlet Beach. Whether you're a developer ready to bring a vision to life or a buyer seeking to create your dream coastal home, 216 E Park Place Avenue represents an extraordinary opportunity to invest in one of the Emerald Coast's most sought-after locations. Don't miss your chance to turn this rare find into something extraordinary. Contact us today to explore the possibilities.

Details

Property type

Single Family Residence

Est. home value

$3,528,519

Lot size

0.72 acres

Price per sq ft

$1,063

Year built

2001

Price History

12/05/2024
EmeraldCoast

EmeraldCoast #964242

Listed
$3,699,000
+32.34%
12/02/2022
EmeraldCoast

EmeraldCoast #891576

Sold
$2,795,000

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

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

Capital City Home Loans Llc

Loan start date

December 2022

Original loan amount

$2,096,250

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

New Conventional, 30 year

Seller

Louis M Pace

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?

Similar Homes Nearby

EmeraldCoast
$3,595,000
6 bd
|
5.5 ba
|
2,804 sq ft
|
House

220 Wiggle Ln, Inlet Beach, FL 32461

EmeraldCoast
$3,850,000
6 bd
|
5.5 ba
|
3,020 sq ft
|
House

10 Trimingham Ln, Inlet Beach, FL 32461

Price drop
EmeraldCoast
$3,950,000
6 bd
|
6 ba
|
4,015 sq ft
|
House

64 Emerald Cove Ln S, Inlet Beach, FL 32461

Status: Active

Tomo last checked: 12/21/2024 at 11:50 PM

Listing updated: 12/12/2024 at 8:44 AM

Listed by: Jon Lyons, Jon Lyons, Jon Lyons, Jon Lyons, Jon Lyons, Live 30A Real Estate LLC Phone #: (850) 687-5300

MLS: EmeraldCoast #964242

EmeraldCoast logo

Recently listed in Inlet Beach