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$3,580,000

Beds
4
Baths
5.0
sq ft
2,962

71 Bridgetown Ave, Inlet Beach, FL 32461

71 Bridgetown Ave

Inlet Beach, FL 32461

  • 186 days on market
    • Price drop $150,000↓
Residing on the park side in Rosemary Beach, the recently renovated 71 Bridgetown Ave. tells a unique story through design by utilizing various colors, textures, and patterns. As the 2022 showcase home for Real Simple magazine, this collaborative design effort challenged seven designers to transform the home into what is now the epitome of coastal cool. Upon entry, the first floor greets its visitors with raised ceilings in a perfect open living plan. The modern design of this huge kitchen leans into Beachy blues and whites with updated cabinetry and luxury Cafe appliances with brush bronze hardware. In the living room, the story continues through whimsical pattern play that sets a cozy and cool tone within the space. A convenient first floor bedroom and full bath also anchors this space nicely. Second floor landing allows for a flex space and separates the three private en-suites. Third floor offers another large living space and a full bathroom and bunk room was added to make this a kids oasis! This parcel has been approved to further outfit a private pool and/or summer kitchen in the large courtyard. Prime location being just a block from town center, the Owners Club and the Cabana Pool and playground. Rental revenue for the summer is strong!

Details

Property type

Single Family Residence

Est. home value

$3,593,894

Lot size

3,485 sq ft

Price per sq ft

$1,209

Year built

2005

Monthly HOA fee

$471.67

Price History

08/28/2024
EmeraldCoast

EmeraldCoast #950370

Price change
$3,580,000
-4.02%
05/21/2024
EmeraldCoast

EmeraldCoast #950370

Listed
$3,730,000
+157.24%
04/27/2018
EmeraldCoast

EmeraldCoast #789068

Sold
$1,450,000
+34.88%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool, Tennis Court(s)

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

Centennial Bank

Loan start date

August 2021

Original loan amount

$270,000

Est. remaining balance

Not provided

Interest rate

2.52%

Loan type

Credit Line (Revolving), 18 year

Seller

Douglas W Byrd and Tracy S Byrd

Lender

Centennial Bank

Loan start date

April 2017

Original loan amount

$1,160,000

Est. remaining balance

Not provided

Interest rate

4.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Douglas W Byrd and Tracy S Byrd

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 9:00 AM

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

Listed by: Clark & Mitchell Group, Rosemary Beach Realty LLC Phone #: (850) 278-2000

MLS: EmeraldCoast #950370

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