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$8,300,000

Beds
6
Baths
6.5
sq ft
6,645

231 W Bermuda Dr, Santa Rosa Beach, FL 32459

231 W Bermuda Dr

Santa Rosa Beach, FL 32459

  • 78 days on market
Palatial in scale and design, this six-bed, six-and-a-half-bath concrete constructed home boasts incredible lake and gulf views. Located in The Retreat, this distinguished home is privately situated behind wooden gates and has two large balconies for enjoying the mesmerizing gulf views. All three floors of luxury living can be accessed by an elevator. A sense of arrival is experience as one walks from the grand entryway to the great room, passing a formal dining room with a heavy wood-beamed ceiling. A wet bar is perfectly located for serving drinks when entertaining indoors or outside by the pool. Multiple windows look out onto the serene heated pool and terrace with amazing gulf and dune lake views from every angle. Steps add to the changing dynamics of the grand living space with

Details

Property type

Single Family Residence

Est. home value

$6,945,170

Lot size

0.38 acres

Price per sq ft

$1,250

Year built

2007

Monthly HOA fee

$541.67

Price History

08/01/2024
EmeraldCoast

EmeraldCoast #936111

Removed
$10,300,000
+24.1%
08/01/2024
EmeraldCoast

EmeraldCoast #955977

Listed
$8,300,000
-19.42%
05/24/2024
EmeraldCoast

EmeraldCoast #936111

Price change
$10,300,000
-5.07%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, 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

Midwest Regional Bank

Loan start date

June 2022

Original loan amount

$10,280,999

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Billiken Llc

Lender

Midwest Regional Bank

Loan start date

April 2019

Original loan amount

$7,932,000

Est. remaining balance

Not provided

Interest rate

4.35%

Loan type

Commercial, 3 year

Seller

Billiken 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: 10/18/2024 at 10:35 AM

Listing updated: 10/12/2024 at 10:17 AM

Listed by: Blake Morar Group, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #955977

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