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$1,399,000

Beds
5
Baths
5.0
sq ft
4,790

480 Sugar Dr, Santa Rosa Beach, FL 32459

480 Sugar Dr

Santa Rosa Beach, FL 32459

  • 157 days on market
Spacious lakefront estate nestled on over an acre of beautiful landscaped grounds, featuring 200 feet of pristine waterfront offers a prime investment opportunity to develop a bed and breakfast or yoga retreat. Priced under $300 per square foot, this exceptional property presents a unique opportunity for renovation and value enhancement.Step inside to discover an entertainer's dream and a grand horseshoe drive that sets the tone for an unforgettable lakeside experience. The first floor features a cozy day room with a fireplace, a theater room and a well-appointed kitchen with a chef-inspired design. The primary suite is a serene oasis with a king-sized bed, separate sitting areas and a luxurious en suite bath. Three additional guest bedrooms and a private pied-a-terre above the garage

Details

Property type

Single Family Residence

Est. home value

$1,677,515

Lot size

1.22 acres

Price per sq ft

$293

Year built

1990

Price History

06/08/2024
EmeraldCoast

EmeraldCoast #951891

Listed
$1,399,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

$1,248,819
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$38,261
Cash to seller
$1,248,819

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

Seller’s Loan History

Lender

Whitney National Bank

Loan start date

November 2010

Original loan amount

$417,000

Est. remaining balance

$38,261

Interest rate

3.62%

Loan type

New Conventional, 15 year

Seller

Chad Jenkins and Denise Jenkins

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: 11/12/2024 at 11:50 PM

Listing updated: 10/30/2024 at 10:47 PM

Listed by: Chase E Middleton, Charles E Middleton, Charles E Middleton, Keller Williams Realty Destin Phone #: (850) 654-2900

MLS: EmeraldCoast #951891

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