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$5,250,000

Beds
7
Baths
8.0
sq ft
5,653

69 Thyme St, Santa Rosa Beach, FL 32459

69 Thyme St

Santa Rosa Beach, FL 32459

  • 108 days on market
Welcome to 69 Thyme Street, an exquisite custom home that is nothing short of a masterpiece. Nestled in the heart of Seagrove, it has approx. $350,000 in actual base rent for 2023 and is projected to achieve even more in 2024. Despite excellent investment numbers, this beach house is anything but your basic rental machine. High end finishes delight in every room--from the concrete tiles to the designer light fixtures to the classy furnishings, this property is truly a stunner. Entering the foyer, you are greeted by a beautiful winding staircase and the massive game room containing two pinball machines, a shuffleboard table, three big screen televisions and a full wet bar. Opening the sliding glass doors reveals the relaxing sound of the cascading pool fountain

Details

Property type

Single Family Residence

Est. home value

$5,441,936

Lot size

4,792 sq ft

Price per sq ft

$929

Year built

2020

Price History

07/23/2024
EmeraldCoast

EmeraldCoast #955341

Listed
$5,250,000
07/18/2024
EmeraldCoast

EmeraldCoast #932685

Removed
$5,250,000
05/15/2024
EmeraldCoast

EmeraldCoast #932685

Price change
$5,250,000
-1.87%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Seaside

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

First Commercial Bank

Loan start date

April 2022

Original loan amount

$6,026,950

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Canterbury Affordable Housing 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: 11/08/2024 at 9:25 AM

Listing updated: 10/31/2024 at 10:45 AM

Listed by: Jacob K Eastland, Eastland Real Estate Phone #: (850) 246-8653

MLS: EmeraldCoast #955341

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