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$845,000

Beds
1
Baths
1.0
sq ft
670

627 Eastern Lake Rd Unit 5, Santa Rosa Beach, FL 32459

627 Eastern Lake Rd Unit 5

Santa Rosa Beach, FL 32459

  • 5 days on market
Discover your dream beachfront retreat at 627 Eastern Lake Road #5, a beautifully renovated one-bedroom, one-bathroom Gulf-front condo located in the exclusive Leeward II complex. This second-floor unit offers breathtaking panoramic views of the emerald waters and sugar-white sands of the Gulf of Mexico, making it the perfect coastal escape.Step inside to a fully updated interior, featuring modern finishes and luxury upgrades throughout. The open-concept living space boasts a king-sized bed, built-in bunk beds, and a queen sleeper sofa, comfortably accommodating guests. The sleek kitchen is equipped with stainless steel appliances and custom cabinetry, while the stylish bathroom provides spa-like comfort. Enjoy the serene sounds of the waves from your private beachfront balcony, just steps from the sand. This boutique nine-unit complex offers an intimate setting with direct beach access and a peaceful atmosphere away from the crowds. Whether you're looking for a personal getaway or a rental investment, this prime 30A location near Seaside, WaterColor, and Alys Beach ensures endless dining, shopping, and entertainment options. Don't miss this rare opportunity to own a slice of paradise on Scenic Highway 30A! Schedule your private tour today.

Details

Property type

Condominium

Est. home value

$696,914

Lot size

Unknown

Price per sq ft

$1,262

Year built

1990

Monthly HOA fee

$1,822

Price History

03/25/2025
EmeraldCoast

EmeraldCoast #972102

Listed
$845,000
+69.85%
06/06/2018
EmeraldCoast

EmeraldCoast #795242

Sold
$497,500
+52.61%
07/01/2015
EmeraldCoast

EmeraldCoast #724703

Sold
$326,000

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

$376,070
Asking price
$845,000
Closing costs (~8% of asking)
-$67,600
Est. remaining loan balance
-$401,330
Cash to seller
$376,070

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2021

Original loan amount

$434,100

Est. remaining balance

$401,330

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Peter Moenickheim

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: 03/30/2025 at 8:15 PM

Listing updated: 03/26/2025 at 9:06 AM

Listed by: Blake C Jones, Blake C Jones, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #972102

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