$1,739,000
Inlet Beach, FL 32461
MLS# 829617
Status: Sold
5 beds | 5 baths | 2304 sqft
1 / 64
Property Description
Great gulf view rental investment property or 2nd home! 2018 rental income was $118,490 and year to date rental income is $120,015. Secluded in the gulf front gated neighborhood of Water's Edge, this property provides private deeded access with a dune walkover to the white sandy beaches of the Gulf of Mexico. Just one house back from the beach, the views of the gulf and the sounds of the waves will rejuvenate and relax you. Two master bedrooms with private balconies plus 3 more bedrooms create a perfect getaway for two families. Located just west of Rosemary Beach and east of Alys Beach, you have access to the best dining and shopping. Recently updated and sold fully furnished, this property is turn key ready!
Details
Status Change Info
Status: Sold
Under Contract Date: 2020-01-26
Sold Date: 2020-02-13
Sold Price: $1,600,000
Sold Price/SqFt: 694.44
Contract Info
List Date: 2019-08-19
Current Price: $1,600,000
List Price: $1,739,000
List Price/SqFt: 754.77
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 18 - 30A East
Street #: 124
Street Name: Geoff Wilder
Street Suffix: Lane
State: FL
Zip Code: 32461
County: Walton
Sub Area: 1806 - S of of 30A/East
Project Name/Subdivision: WATERS EDGE
Parcel ID: 35-3S-18-16070-00B-0020
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 2 BLK B SEACREST BEACH PB 12-25 OR 1537-180 OR 1579-206 OR 1825-46 OR 1766-268 OR 2249-203 OR 2346-1 OR 2580-1881 OR 2682-2139 OR 2856-2230 OR 2864-2157 OR 2935-1226 OR 3068-1782 &-1784
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 2304
SqFt Source: Appraiser
Bedrooms: 5
Full Baths: 4
Half Baths: 1
Total Bathrooms: 5
# Stories: 3
Year Built: 2000
Immediate Occupancy: Yes
Garage Spaces: 1
Driveway Spaces: 2
Acreage: 0.06
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: Yes
Assessment Amount: 750
Assessment Paid: Quarterly
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 1000
New Buyer Fee Paid: %
Last Taxes: 10985.27
Last Tax Year: 2018
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Great gulf view rental investment property or 2nd home! 2018 rental income was $118,490 and year to date rental income is $120,015.
Secluded in the gulf front gated neighborhood of Water's Edge, this property provides private deeded access with a dune walkover to the white sandy beaches of the Gulf of Mexico. Just one house back from the beach, the views of the gulf and the sounds of the waves will rejuvenate and relax you. Two master bedrooms with private balconies plus 3 more bedrooms create a perfect getaway for two families. Located just west of Rosemary Beach and east of Alys Beach, you have access to the best dining and shopping. Recently updated and sold fully furnished, this property is turn key ready!
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 2.5
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Lot/Parcel Access: Paved Road; Private Road
Lot Features: Corner; Covenants; Interior; Restrictions
Zoning: Resid Single Family
Waterview: Gulf
Parking Features: Garage Attached
Project Facilities: Beach; Deed Access
Construction/Siding: Frame; Roof Metal; Siding CmntFbrHrdBrd; Stucco; Trim Wood
Exterior: Balcony; Pool - Enclosed; Pool - Heated; Pool - In-Ground
Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Hardwood; Furnished - All; Lighting Recessed; Washer/Dryer Hookup
Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Refrigerator W/IceMk; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Water Heater - Elect
Mstr Bdrm/Mstr Bath: MBath Shower Only; MBed Balcony; MBed Sitting Area; MBed Walk-in Closet
Master Bedroom: Second; Third
Bedroom: First
Kitchen: Second
Living Room: Second
Rooms: Bedroom; Dining Area; Kitchen; Living Room; Master Bedroom
Fees Include: Ground Keeping; Insurance; Management; Repairs/Maintenance; Trash
Existing Leases: Daily/Weekly
Supplements
Two new HVAC units installed August 2019. A complete bathroom remodel in all bathrooms including the tile floors, shower tile, custom shower doors, shaker style cabinets, updated quartz counter tops, updated lighting, ceiling fans and Delta faucets. The entire first floor has refinished hardwoods floors and all new updated interior solid core doors with hardware. The kitchen shines with a new refrigerator, oven, dishwasher, and microwave. Also, new in the kitchen are the shaker style cabinet doors with fresh paint and hardware, white subway tile back splash, sink and delta faucet. New CAN lighting in the dining room and the foyer has new on trend ship lap. The exterior has been completely redone with new smooth stucco and paint, Trexx decking on first floor patio, a hurricane front double door, KABA front door lock, Galvalum half round gutters, all roof fasteners replaced on entire roof, refinished gunite pool and new pool heater and gas line, gray pavers around entire pool patio, gray paver bicycle pad with bicycle rack. The current termite bond is transferable.
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 11 x 11 | 11.00 | 11.00 | 11 x 11 |
| Kitchen | Second | 13 x 10 | 13.00 | 10.00 | 13 x 10 |
| Dining Area | First | 12.5 x 12 | 12.50 | 12.00 | 12.5 x 12 |
| Living Room | Second | 20 x 16.8 | 20.00 | 16.80 | 20 x 16.8 |
| Master Bedroom | Second | 16 x 15.8 | 16.00 | 15.80 | 16 x 15.8 |
| Master Bedroom | Third | 15.5 x 11.5 | 15.50 | 11.50 | 15.5 x 11.5 |
| Bedroom | First | 11 x 11 | 11.00 | 11.00 | 11 x 11 |
Listing Office: Mainsail Realty Company
Last Updated: July - 01 - 2020
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.
