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$476,225Estimated home value

Beds
5
Baths
5.0
sq ft
3,826

342 Beach Bike Way, Inlet Beach, FL 32461

342 Beach Bike Way

Inlet Beach, FL 32461

  • Sold On 12/18/2024
Introducing an exceptional new construction home, masterfully designed by J. Michael Hunnicutt and built by Gary Bailey, located in the heart of Seacrest Beach, just minutes from Rosemary Beach and Alys Beach. This stunning property offers one of the largest floor plans in the community showcasing luxurious finishes and thoughtful attention to detail throughout. Upon entry, you're welcomed into an expansive, open-concept living area perfect for both daily living and entertaining. Vaulted ceilings with exposed wood beams, custom bar area, and an inviting fireplace anchor the space, while the kitchen boasts high end appliances, quartz countertops, and a generous island perfect for gathering with family and friends. Adjacent the dining and living areas, you'll find a spacious patio perfect for alfresco dining and entertaining by the private pool. The first of two primary suites is conveniently situated on the main level, featuring an en-suite bathroom with a soaking tub, dual vanities, and a large walk-in shower. The second-floor primary suite is equally impressive, offering private access to a generous balcony equipped with an outdoor TV, perfect for entertaining or relaxing outdoors. The second floor features a massive guest bedroom fitted with three bunk beds, creating the perfect retreat for families or groups. This thoughtful design makes the home an incredible investment opportunity for those interested in short-term rentals, as it allows for maximum guest accommodation and comfort. Additionally, a cozy den on this floor offers extra living space, ensuring ample comfort for all guests. The third level is also designed for entertainment, featuring a spacious bonus room ideal for a media lounge or game room with a custom built in bar. With 628 square feet of porches spanning three levels, this home is made for outdoor livingwhether relaxing by the private pool or enjoying stunning views of Seacrest Beach. Additional features include a generous garage with ample storage, and an additional flexible bonus room above the garage that can be used as an office, gym, or additional guest sleeping space. Located in the vibrant Seacrest Beach community, this home offers access to a 12,000-square-foot lagoon-style pool, 1.3 miles of trails, and convenient tram service to the white sand beaches of 30A.

Details

Property type

Single Family Residence

Est. home value

$476,225

Lot size

4,792 sq ft

Price per sq ft

$706

Year built

2023

Monthly HOA fee

$450.5

Price History

12/17/2024
EmeraldCoast

EmeraldCoast #962905

Sold
$2,550,000
-5.52%
11/19/2024
EmeraldCoast

EmeraldCoast #962905

Pending
$2,699,000
11/12/2024
EmeraldCoast

EmeraldCoast #962905

Listed
$2,699,000
-6.61%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

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

Fifth Third Bank Na

Loan start date

July 2023

Original loan amount

$1,500,000

Est. remaining balance

$1,476,236

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Anthony Cummings and Deirdre Cummings

Lender

The Paducah Bank & Trust Co

Loan start date

December 2021

Original loan amount

$1,300,000

Est. remaining balance

$0

Interest rate

3.05%

Loan type

New Conventional, 1 year

Seller

Anthony Cummings and Deirdre Cummings

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?

Status: Off Market

Tomo last checked: 12/23/2024 at 10:25 PM

Listing updated: 12/18/2024 at 4:51 PM

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

MLS: EmeraldCoast #962905

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