tomo logo

$1,199,000

Beds
4
Baths
3.0
sq ft
2,259

386 Oak Ave, Santa Rosa Beach, FL 32459

386 Oak Ave

Santa Rosa Beach, FL 32459

  • 1 day on market
New offering in coveted, Historic Pt. Washington! Like new 4 BR, 3 BA Florida Cottage featuring heated 'sports pool' all nestled on premiere Bay view location. Corner, 1 acre, low traffic site is blanketed with majestic hardwood shade trees providing plenty of room for expansion (e.g. carriage house, garage, RV parking and more). Seaside style cottage totally renovated 2018-2019 including galvalume metal roof, heat pump, doors and windows. Main Suite added 2020. Expansive wooded deck (over 2,400 sq') covers back yard area between house & pool. A detached workshop/storage building is practical for storing lawn, fishing, beach & bay gear. Extra amenities include fire pit/patio area, hammock, 3 outdoor showers. County Park/Bay access just across E. Mitchell Ave approx. 150 yards. NO HOA!

Details

Property type

Single Family Residence

Est. home value

$1,037,355

Lot size

1.00 acres

Price per sq ft

$531

Year built

1988

Price History

03/18/2025
EmeraldCoast

EmeraldCoast #971469

Listed
$1,199,000
+104.96%
11/18/2019
EmeraldCoast

EmeraldCoast #821948

Sold
$585,000
+189.6%
01/20/2016
EmeraldCoast

EmeraldCoast #742520

Sold
$202,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

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

$745,058
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$358,022
Cash to seller
$745,058

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

March 2021

Original loan amount

$465,163

Est. remaining balance

$358,022

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

Minette J Bruce and Mary Jean Bush

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: Active

Tomo last checked: 03/19/2025 at 7:35 AM

Listing updated: 03/18/2025 at 8:29 PM

Listed by: Richard E Stafford, Richard Stafford, Tommy Sholes Inc Phone #: (850) 267-2180

MLS: EmeraldCoast #971469

EmeraldCoast logo

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