$899,000
Inlet Beach, FL 32461
MLS# 941366
2 beds | 3 baths | 1080 sqft
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Property Description
Welcome to 228 Walton Magnolia Ln 3 - a cozy townhome exuding timeless charm, fulfilling any investor's dream. Nestled in the heart of Inlet Beach, this gem re-enters the market after meticulous repairs, including new decks, fresh paint, and more. Situated near the prestigious communities of Rosemary Beach and Lupin Beach, with Camp Hellen State Park and the Gulf of Mexico in eye's sight and 30Avenue's dining and shopping a mere 5-minute drive away, it is no wonder this piece of paradise is such a highly sought after vacation rental. With over $65K in rental revenue in 2022 and a neighboring unit earning almost $86K, now's your chance to secure a position just one tier back from the Gulf on 30A for under $1M. Schedule a showing today!
Details
Status Change Info
Status: Active
Contract Info
List Date: 2024-02-02
Current Price: $899,000
List Price: $899,000
List Price/SqFt: 832.41
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 18 - 30A East
Street #: 228
Street Name: Walton Magnolia Ln
Street Suffix: Lane
Unit #: 3
State: FL
Zip Code: 32461
County: Walton
Sub Area: 1806 - S of of 30A/East
Project Name/Subdivision: SHORELINE 9 T/H
Parcel ID: 36-3S-18-16800-000-0030
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 3 SHORELINE 9 TOWNHOUSES PB 6-28 OR 999-220
General Property Info
Sub-Type: Attached Single Unit
Design: Townhome
Apx SqFt(Htd/Cooled): 1080
SqFt Source: County PA Records
Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Bathrooms: 3
# Stories: 2
Year Built: 1984
Garage: No
Carport: Yes
Carport Spaces: 2
Acreage: 0.02
Pool: No
Pool Type: None
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: Yes
Assessment Amount: 1200
Annual Assessment Amount: 1200
Assessment Paid: Annually
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 5535.83
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Welcome to 228 Walton Magnolia Ln 3 - a cozy townhome exuding timeless charm, fulfilling any investor's dream. Nestled in the heart of Inlet Beach, this gem re-enters the market after meticulous repairs, including new decks, fresh paint, and more.
Situated near the prestigious communities of Rosemary Beach and Lupin Beach, with Camp Hellen State Park and the Gulf of Mexico in eye's sight and 30Avenue's dining and shopping a mere 5-minute drive away, it is no wonder this piece of paradise is such a highly sought after vacation rental. With over $65K in rental revenue in 2022 and a neighboring unit earning almost $86K, now's your chance to secure a position just one tier back from the Gulf on 30A for under $1M. Schedule a showing today!
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: City Road; Paved Road
Lot Features: Within 1/2 Mile to Water
Zoning: Resid Single Family
Parking Features: Carport
Project Facilities: Beach
Exterior: Balcony; Shower
Interior: Breakfast Bar; Furnished - All; Washer/Dryer Hookup
Appliances: Microwave
Utilities: Public Sewer; Public Water; Sewer Available
Energy: AC - Central Elect
Bedroom: Second
Kitchen: First
Rooms: Bedroom; Family Room; Kitchen
Fees Include: Accounting; Ground Keeping
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | Second | 1 x 1 | 1.00 | 1.00 | 1 x 1 |
| Bedroom | Second | 1 x 1 | 1.00 | 1.00 | 1 x 1 |
| Kitchen | First | 1 x 1 | 1.00 | 1.00 | 1 x 1 |
| Family Room | First | 1 x 1 | 1.00 | 1.00 | 1 x 1 |
Listing Office: Engel & Volkers 30A Beaches
Last Updated: April - 08 - 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.
