$5,195,000
Santa Rosa Beach, FL 32459
MLS# 943791
4 beds | 5 baths | 3784 sqft
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Property Description
Welcome to the heartbeat of Seaside, Florida, where this dynamic commercial/liv- work building offers three avenues of income. On the ground floor, profit from the bustling energy of foot traffic with a prime commercial space currently occupied by a thriving business owned by the seller. Looking to make it your own? The seller is open to continuing a lease agreement or vacating, providing flexibility for your entrepreneurial dreams. Above, discover two separate short-term rental apartments, each offering a slice of Seaside's charm and generating over $191,000 in revenue. Picture yourself relaxing on the rooftop terrace, soaking in 360-degree views of Seaside, Florida, and the Gulf of Mexico.
Details
Status Change Info
Status: Active
Contract Info
List Date: 2024-03-04
Current Price: $5,195,000
List Price: $5,195,000
List Price/SqFt: 1372.89
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 18 - 30A East
Street #: 120
Street Name: Quincy
Street Suffix: Circle
State: FL
Zip Code: 32459
County: Walton
Sub Area: 1802 - S. of 98 W of Camp Creek
Project Name/Subdivision: SEASIDE 05
Parcel ID: 15-3S-19-25120-00J-0030
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 3 BLK J SEASIDE IV PB 7-23 OR 1615-299 OR 2006-244 OR 2028-295 OR 2245-433 OR 2329- 1764
General Property Info
Sub-Type: Detached Single Family
Design: Other
Apx SqFt(Htd/Cooled): 3784
SqFt Source: County PA Records
Bedrooms: 4
Full Baths: 4
Half Baths: 1
Total Bathrooms: 5
# Stories: 3
Year Built: 2003
Garage: No
Carport: No
Assigned Spaces: 1
Acreage: 0.05
Pool: No
Pool Type: None
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: Yes
Assessment Amount: 27000
Annual Assessment Amount: 27000
Assessment Paid: Annually
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 15386.53
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Welcome to the heartbeat of Seaside, Florida, where this dynamic commercial/liv- work building offers three avenues of income. On the ground floor, profit from the bustling energy of foot traffic with a prime commercial space currently occupied by a thriving business owned by the seller. Looking to make it your own? The seller is open to continuing a lease agreement or vacating, providing flexibility for your entrepreneurial dreams. Above, discover two separate short-term rental apartments, each offering a slice of Seaside's charm and generating over $191,000 in revenue. Picture yourself relaxing on the rooftop terrace, soaking in 360-degree views of Seaside, Florida, and the Gulf of Mexico.
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Lot/Parcel Access: Private Road
Lot Features: Zero Lot Line
Zoning: Commercial; Resid Single Family
Waterview: Gulf
Project Facilities: Beach; Pickle Ball; Playground; Pool; Tennis; Waterfront
Construction/Siding: Block; Roof Flat; Stucco
Exterior: Balcony; Deck Covered
Interior: Elevator; Furnished - All
Appliances: Dishwasher; Disposal; Microwave; Refrigerator
Utilities: Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Heat Pump A/A Two +; Water Heater - Elect
Master Bedroom: Second; Third
Bedroom: Second; Third
Living Room: Second; Third
Rooms: Bedroom; Living Room; Master Bedroom
Financing: Conventional
Supplements
Whether you're an investor seeking lucrative returns or a business owner ready to make your mark in this iconic village, this property holds endless potential. Don't miss this opportunity to be part of the vibrant pulse of the Early Morning Hour District in Seaside's Ruskin Place Art District.
First floor commercial with Seller willing to remain for 3 years paying a $10,000/month rent, or Seller will vacate should buyer wish to put in own business which has to be agreed by SCDC. Second and third levels are separate short term rental apartments
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Living Room | Second | 13 x 13 | 13.00 | 13.00 | Located on 2nd level... there is an elevator | 13 x 13 |
| Master Bedroom | Second | 13 x 12 | 13.00 | 12.00 | Located on 2nd level... there is an elevator | 13 x 12 |
| Bedroom | Second | 13 x 11 | 13.00 | 11.00 | Located on 2nd level... there is an elevator | 13 x 11 |
| Living Room | Third | 13 x 13 | 13.00 | 13.00 | Located on 3rd level in separate apt. | 13 x 13 |
| Master Bedroom | Third | 13 x 12 | 13.00 | 12.00 | Located on 3rd level in separate apt. | 13 x 12 |
| Bedroom | Third | 13 x 11 | 13.00 | 11.00 | Located on 3rd level in separate apt. | 13 x 11 |
Listing Office: Scenic Sotheby's International Realty
Last Updated: March - 13 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
