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$1,565,000

Beds
3
Baths
2.0
sq ft
1,316

44 Leisure Ln, Santa Rosa Beach, FL 32459

44 Leisure Ln

Santa Rosa Beach, FL 32459

  • 186 days on market
    • Price drop $25,000↓
Nestled in the vibrant heart of beachside living, 44 Leisure Lane is a treasure trove of potential waiting to be uncovered. Spanning an oversized 145 x 45-foot lot, this property promises endless possibilities for visionary investors and developers alike.Located directly behind the beloved Papa Surf Burger Bar, the property is a mere block away from the iconic 30A, leading you straight to the shimmering sands and gentle waves. Public beach access is just steps away, making beach outings a breeze.The existing two-story beach house is a cozy yet spacious retreat. With three bedrooms and two bathrooms, it offers ample space for family and guests. The screened-in porch provides a serene spot to enjoy morning coffee, while the covered outdoor living space is perfect for al fresco dining and entertaining. The second floor boasts an oversized balcony, a perfect perch for soaking in the coastal breeze and sunset views. The generous lot size also offers room for potential expansions or new constructions, tailored to your vision. Currently occupied by a long-term tenant, this property also presents an immediate income opportunity. Whether you choose to continue leasing or transform the space, the possibilities are as vast as the ocean horizon. Seize this rare opportunity to create something spectacular in a prime beachside location. 44 Leisure Lane is more than a propertyit's a canvas for your coastal dreams.

Details

Property type

Single Family Residence

Est. home value

$1,381,356

Lot size

0.25 acres

Price per sq ft

$1,190

Year built

1958

Price History

11/19/2024
EmeraldCoast

EmeraldCoast #950402

Price change
$1,565,000
-1.57%
07/15/2024
EmeraldCoast

EmeraldCoast #950402

Price change
$1,590,000
-5.07%
07/03/2024
EmeraldCoast

EmeraldCoast #950402

Price change
$1,675,000
-4.29%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

Frandsen Bank & Trust

Loan start date

May 2022

Original loan amount

$118,800

Est. remaining balance

Not provided

Interest rate

4.16%

Loan type

Future Advance Clause / Open End Mortgage, 20 year

Seller

Lone Tamarack 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: Active

Tomo last checked: 11/23/2024 at 12:25 AM

Listing updated: 11/19/2024 at 8:59 AM

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

MLS: EmeraldCoast #950402

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