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$956,724Estimated home value

Beds
3
Baths
2.5
sq ft
1,896

40 Salty Dr, Santa Rosa Beach, FL 32459

40 Salty Dr

Santa Rosa Beach, FL 32459

  • Sold On 6/30/2022
Open House 6/4 from 2-5PMThis amazing Florida Cottage Style Home features 2 Balconies off the front of the house and backs to the preserve. This home has a detached 2 car garage, a large wood deck off the back and a paver patio with a pergola covering. It also has Porcelain Wood Tile on the first floor and wood floor on the stairs.This wonderful home is located south of 98 on a cul-de-sac tucked in the back of cypress breeze allows for privacy and low traffic in front of your house. Air conditioner is brand new in 2022.Home is currently on a short term rental program and grosses $90K per year in rental income.Home will be sold fully furnished, golf cart and bicycles are excluded.

Details

Property type

Single Family Residence

Est. home value

$956,724

Lot size

0.40 acres

Price per sq ft

$482

Year built

2016

Monthly HOA fee

$170

Price History

03/24/2025
EmeraldCoast

EmeraldCoast #964921

Removed
$950,000
01/16/2025
EmeraldCoast

EmeraldCoast #964921

Price change
$950,000
-1.03%
12/16/2024
EmeraldCoast

EmeraldCoast #964921

Listed
$959,900
+6.07%

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

-$53,083
Asking price
$913,500
Closing costs (~8% of asking)
-$73,080
Est. remaining loan balance
-$893,503
Cash to seller
-$53,083

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

Seller’s Loan History

Lender

Wilson Bank & Trust

Loan start date

June 2022

Original loan amount

$931,000

Est. remaining balance

$893,503

Interest rate

5.3%

Loan type

Not Provided, 30 year

Seller

Steven Scott Victory and Kimberly Day Victory

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: 04/02/2025 at 5:10 PM

Listing updated: 10/25/2024 at 10:46 PM

Listed by: Teresa A Banda, Teresa A Banda, 30A Local Real Estate Phone #: (850) 213-3048

MLS: EmeraldCoast #900027

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