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$399,000

Beds
2
Baths
2.0
sq ft
720

248 11th St, Santa Rosa Beach, FL 32459

248 11th St

Santa Rosa Beach, FL 32459

  • 172 days on market
Turn key and rental ready this fully-furnished 2 bedroom 2 bathroom coastal cottage rents well and provides a great entry level to the 30a area whether it's being used as a primary home, secondary, or rental property. Boasting $30k in rental revenue for 2023. Constructed in late 2022, and never lived in, this like-new home has been meticulously maintained and cared for. Just 3 miles to Ed Walline beach access and 1 mile to the boat ramp at Cessna Landing. The home includes a Retro Big Chill refrigerator, tankless water heater, and a metal roof. The 13 ft ceilings, luxury LVP flooring through-out, shiplap accent walls, farmhouse sink, butcher block counter tops, and reverse osmosis filtration water system included in the layout make the space both inviting and modern.

Details

Property type

Single Family Residence

Est. home value

$290,320

Lot size

Unknown

Price per sq ft

$555

Year built

2022

Price History

05/26/2024
EmeraldCoast

EmeraldCoast #962959

Listed
$399,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

$79,194
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$287,886
Cash to seller
$79,194

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

Seller’s Loan History

Lender

University Lending Group Llc

Loan start date

October 2022

Original loan amount

$295,850

Est. remaining balance

$287,886

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Justin M Hawley and Carlie Ann Chapman

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: 11/14/2024 at 8:55 PM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Justin M Hawley, Engel & Volkers 30A Beaches Phone #: (850) 213-2800

MLS: EmeraldCoast #962959

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