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$1,295,000

Beds
3
Baths
3.0
sq ft
1,836

242 Blue Gulf Dr, Santa Rosa Beach, FL 32459

242 Blue Gulf Dr

Santa Rosa Beach, FL 32459

  • 150 days on market
Come see your ideal beach retreat in Blue Mountain Beach, tucked away in the quiet Gulf Hill Estates neighborhood located along the famous Scenic Highway 30A. Situated between two public beach accesses, and conveniently positioned near a number of popular local restaurants and shops, this home serves as a perfect primary residence or a lucrative vacation rental.Crafted with outdoor living in mind, this custom-built home features a large, brand new pool and easy-to-maintain turf yard. Catch some rays on the pool's sun shelf, or enjoy the coastal breeze as you relax in your hammock within the privacy of your fenced backyard. A large covered deck overlooking the pool serves as the perfect spot to unwind with family and friends after a long day in the sun. The home's main level features an open concept design and 10' to 12' foot ceilings, seamlessly blending the living, dining, and kitchen areas, creating an inviting space for entertaining. The primary bedroom includes an ensuite bathroom, complete with a standalone tub and a spacious walk-in shower. Sliding doors in the primary provide direct access to your backyard oasis. The home's two additional guest rooms are both generously proportioned and feature full ensuite bathrooms. At nearly a quarter acre, this rare oversized lot on 30A offers ample space for future expansion if you desire, and could easily accommodate a garage with carriage house concept to add livable space and enhance the property's value as a vacation rental.

Details

Property type

Single Family Residence

Est. home value

$1,086,420

Lot size

0.23 acres

Price per sq ft

$706

Year built

2019

Price History

07/25/2024
EmeraldCoast

EmeraldCoast #955533

Listed
$1,295,000
+3.6%
07/01/2024
EmeraldCoast

EmeraldCoast #941138

Removed
$1,250,000
03/03/2024
EmeraldCoast

EmeraldCoast #941138

Price change
$1,250,000
-3.47%

Schools & Community

Elementary school: 

Van R Butler

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

Hometap Equity Partners Llc

Loan start date

January 2024

Original loan amount

$360,534

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Not Provided

Seller

Megan Smith and Kyle Kurt Gabriel Smith

Lender

Hometap Equity Partners Llc

Loan start date

December 2022

Original loan amount

$274,113

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Not Provided

Seller

Megan Smith and Kyle Megan

Lender

Consumer Real Estate Finance Co

Loan start date

July 2021

Original loan amount

$449,328

Est. remaining balance

$416,732

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

Megan N Smith and Kyle K Smith

Lender

Consumers Real Estate Finance Co

Loan start date

October 2019

Original loan amount

$330,687

Est. remaining balance

$295,793

Interest rate

3.58%

Loan type

FHA, 30 year

Seller

Megan N Smith and Kyle Kg Smith

Lender

First Commerce Cu

Loan start date

February 2018

Original loan amount

$106,250

Est. remaining balance

Not provided

Interest rate

3.99%

Loan type

Credit Line (Revolving), 20 year

Seller

Kyle Kg Smith and Megan N Smith

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: 12/22/2024 at 5:00 PM

Listing updated: 12/11/2024 at 5:54 PM

Listed by: Spears Group, Spears Group, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #955533

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