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$1,099,000

Beds
3
Baths
2.0
sq ft
1,100

58 Gulf Cove Ct, Santa Rosa Beach, FL 32459

58 Gulf Cove Ct

Santa Rosa Beach, FL 32459

  • 526 days on market
    • Price drop $100,000↓
This charming, remodeled beach cottage located in the heart of Seagrove Beach in the small Gulf Cove community is only three blocks from Hwy 30A and multiple beach accesses. With vaulted ceilings and an open concept living space, fully equipped kitchen with a breakfast bar that overlooks the dining and living area makes relaxing and entertaining a delight. The owner's suite has a king bed, large closet and en suite bath. The guest bedroom has a queen bed and the third bedroom has a set of twin bunks. The cottage overlooks the private community pool that is perfect for lounging, swimming or using the communal grilling area. This three-bedroom, two-bath home is rental-ready with rental income in 2022 of over $70,000. Walking distance to the beach, Cafe Thirty-A, Angelins'a Pizzeria & Pasta and many other 30A restaurants, shops and attractions favored by residents and vacationers alike make this an ideal rental property or second home. Sold fully furnished.

Details

Property type

Single Family Residence

Est. home value

$1,020,830

Lot size

Unknown

Price per sq ft

$1,000

Year built

2012

Monthly HOA fee

$350

Price History

07/16/2023
EmeraldCoast

EmeraldCoast #927818

Listed
$1,099,000

Schools & Community

Elementary school: 

Dune Lakes

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

$743,812
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$267,268
Cash to seller
$743,812

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

Seller’s Loan History

Lender

Smartbank

Loan start date

May 2018

Original loan amount

$304,000

Est. remaining balance

$267,268

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Steven R Mabee Ii

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: 12/23/2024 at 10:00 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Greg Bahr, Greg Bahr, Greg Bahr, Greg Bahr, Greg Bahr, Greg Bahr, Greg Bahr, The Mary Stephens Team Phone #: (850) 974-2709

MLS: EmeraldCoast #927818

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