$6,782,511Estimated home value

Seller could get up to $2,340,973

Learn how this information can help you negotiate

Beds: 6
Baths: 6.5
sq ft: 5,342

267 W Water St, Inlet Beach, FL 32461

267 W Water St

Inlet Beach, FL 32461

Sold On 3/10/2022

STEPS TO THE BEACH, 'Serendipity' is THE Premier Vacation Home in Rosemary Beach, FL. Rental income surpassed $436K in 2021 and has $218K booked in 2022 (so far)! Located South of 30A & just a short stroll to the shimmering turquoise waters of the Gulf of Mexico; relax in luxury resort style w/ a PRIVATE COURTYARD, HEATED POOL, fireplace & outdoor dining for 10. Truly an OASIS FOR FAMILY LIVING! This elegant home has a MASTER SUITE ON THE 1st floor, another LAVISH MASTER SUITE on 2nd floor, & 2 guest suites. The 3rd floor has a bunk room, game room, & theater! A spacious carriage house apartment over 2 car garage provides additional sleeping quarters. STUNNING interiors have new living room furnishings, venetian plaster walls, reclaimed wood beams, and marble/limestone kitchen & baths.

Details

Property type

Single Family Residence

Est. home value

$6,782,511

Lot size

3,920 sq ft

Price per sq ft

$1,217

Year built

2014

Monthly HOA fee

$465

Price History

03/10/2025

EmeraldCoast #966316

Removed

$7,675,000

-4%

01/14/2025

EmeraldCoast #961838

Removed

$7,995,000

+4.17%

01/14/2025

EmeraldCoast #966316

Listed

$7,675,000

-4%

Schools & Community

Elementary school:

Van R Butler

Middle school:

Emerald Coast

High school:

South Walton

Community features: Pool, Tennis Court(s)

Community features:

Pool, Tennis Court(s)

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

$2,340,973

Asking price

$6,500,000

Closing costs (~8% of asking)

-$520,000

Est. remaining loan balance

-$3,639,027

Cash to seller

$2,340,973

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

Seller’s Loan History

Lender

City National Bank Of Florida

Loan start date

March 2022

Original loan amount

$3,867,500

Est. remaining balance

$3,639,027

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Canterbury Affordable Housing 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: Off Market

Tomo last checked: 04/04/2025 at 7:15 AM

Listing updated: 10/21/2024 at 10:46 PM

Listed by: Linda M Miller, Linda Miller, Linda Miller, Linda Miller, Linda Miller, Linda Miller, Linda Miller, Linda Miller, Linda Miller, Linda Miller, Linda Miller, Linda Miller, Linda M Miller, Linda Miller Real Estate LLC Phone #: (850) 974-8885

MLS: EmeraldCoast #862702

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