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$499,900

Beds
3
Baths
3.0
sq ft
1,654

22 Kara Lake Dr, Santa Rosa Beach, FL 32459

22 Kara Lake Dr

Santa Rosa Beach, FL 32459

  • 1 day on market
Short-term rentals allowed! Located just a short drive from the stunning beaches, shops, and restaurants of Santa Rosa Beach and 30A, this beautifully designed townhome offers the perfect blend of luxury and convenience. Nestled in a sought-after community with a pool and adjacent to the scenic 5-acre Kara Lake, this property is an ideal investment or personal retreat. This thoughtfully designed floor plan features three bedrooms, two and a half bathrooms, and a one-car garage. High-end finishes elevate every space, including quartz countertops, stainless steel appliances, LVP flooring throughout, soaring 10-foot ceilings, and 8-foot sliding glass doors. Step into the light-filled entryway, where a flexible foyer space creates a warm welcome. The property also features spacious bedrooms for quiet resting after a long day at the beach. An open living area right off the well-appointed kitchen complete with a gas stove lets everyone join in the fun and relax. The private elevated porch is great for enjoying our warm breezes and spending some comfortable time enjoying being outside. And don't worry about having to bring in the groceries during a rainstorm as you can pull into your own private garage and stay dry during those afternoon showers. Don't miss this incredible opportunity to own a beautifully finished home in a prime location, perfect for full-time living, a vacation getaway, or an income-producing short-term rental!

Details

Property type

Townhouse

Est. home value

$453,513

Lot size

Unknown

Price per sq ft

$303

Year built

2022

Monthly HOA fee

$325

Price History

02/12/2025
EmeraldCoast

EmeraldCoast #968369

Listed
$499,900
+10.35%
04/14/2023
EmeraldCoast

EmeraldCoast #912565

Sold
$453,000

Schools & Community

Elementary school: 

Van R Butler

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

$309,975
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$149,933
Cash to seller
$309,975

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

Seller’s Loan History

Lender

Intercoastal Mortgage

Loan start date

April 2023

Original loan amount

$153,000

Est. remaining balance

$149,933

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Raymond Corbo and Denise R Corbo

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: 02/13/2025 at 6:25 AM

Listing updated: 02/12/2025 at 11:14 AM

Listed by: The White Sands Team, Levin Rinke Realty Phone #: (850) 916-5050

MLS: EmeraldCoast #968369

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