tomo logo

$949,000

Beds
3
Baths
2.5
sq ft
1,705

305 Tropical Breeze Dr, Santa Rosa Beach, FL 32459

305 Tropical Breeze Dr

Santa Rosa Beach, FL 32459

  • 211 days on market
    • Price drop $30,000↓
Nestled behind the gates of Cypress Breeze Plantation on a quiet cut-de-sac sits your perfect beach retreat! Upon entering the home you will notice the open floor plan highlighted by plantation shutters, crown molding and recently renovated LVP flooring. Upstairs you will find a large master suite with access to a spacious balcony. Two additional bedrooms are featured on the second floor including one with custom built in bunks. Perfect for a primary or second home, the property is also well suited as an investment property with gross rental income exceeding $75,000 in 2023 and multiple 5 star ratings. The gated community of Cypress Breeze offers an incredible private resort pool and is a short bike or golf cart ride away from the beaches along 30A and several restaurants including Shunk Gulley & the Gulf Place Town Center. From Cypress Breeze you are also just minutes away from upscale shopping and sophisticated dining at Grand Boulevard of Sandestin.

Details

Property type

Single Family Residence

Est. home value

$905,501

Lot size

6,098 sq ft

Price per sq ft

$557

Year built

2016

Monthly HOA fee

$220

Price History

11/18/2024
EmeraldCoast

EmeraldCoast #948007

Price change
$949,000
-3.06%
10/07/2024
EmeraldCoast

EmeraldCoast #948007

Price change
$979,000
-1.01%
06/14/2024
EmeraldCoast

EmeraldCoast #948007

Price change
$989,000
-0.6%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, 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

$491,719
Asking price
$949,000
Closing costs (~8% of asking)
-$75,920
Est. remaining loan balance
-$381,361
Cash to seller
$491,719

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

April 2023

Original loan amount

$726,200

Est. remaining balance

$381,361

Interest rate

6.73%

Loan type

New Conventional, 3 year

Seller

Zachary Collins Arnett

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: 11/19/2024 at 3:30 PM

Listing updated: 11/19/2024 at 9:14 AM

Listed by: Michael B Savage, Michael B Savage, Engel & Volkers 30A Beaches Phone #: (850) 213-2800

MLS: EmeraldCoast #948007

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