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$589,000

Est. payment - /mo

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4 Beds

3 Baths

2,181 SqFt

Pending

250 Marlberry TRCE Santa Rosa Beach, FL 32459

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Jason Jones

jason@leadrealty.com +1(850) 797-6227

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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,181 sqft

Price per Sqft $270

Subdivision Hidden Grove

MLS Listing ID 986377

Style Florida Cottage

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N Yes

Year Built 2015

Annual Tax Amount $2,644

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 2181

Property Description

Great deal on a great property. Recent appraisal for $660k. $3500 month rental. Property has been updated. All appliances and carpet are less than 1 year old. Kitchen and bathroom updates are less than 2 years old. For a cash buyer, they can walk into this property under 90% of the value and can achieve a 6% cap rate. Great gated community in a great location! This is the first time the property has been listed with the upgrades! Updates include, but are not limited to, totally new kitchen countertops, cabinets, and appliances, a new master bathroom shower, new flooring, countertops, cabinets, and a 2-person hydrotherapy soaking tub, new carpet throughout, new paint throughout, a new water heater, and a back patio, to name some The living room has real cherry wood hardwood flooring. The master bathroom and kitchen were covered in level 4 Quartz and tile. Over 50k in upgrades used within the last 2 years! The Hidden Grove Neighborhood is one of the hidden gyms in Walton County with a gated entrance, a large community pool, and walking paths with dimmed street lights throughout. Great location within a 5-minute drive to the beach, to Butler Elementary, Grand Blvd, Sacred Heart Hospital, Walmart and SanDestin. The property currently has a renter paying $3500 a month with excellent payment history. The tenant would like to continue to rent the place and will sign another 12-month lease. If the renter is not kept, a 60-day notice will be required. For a cash buyer, this will produce over a 6% cap rate at under 90% of appraised value. Finding a deal like this along the 30A corridor is like finding a needle in a haystack. Whether you are looking for a spacious 4-bedroom home to live in or if you want a low-maintenance second home in a safe and secure location, you must put this home on your list to see! *All info is accurate to the best of our knowledge, but should be verified if concerned*

Location

State FL

County Walton

Community Gated Community, Pets Allowed, Pool

Area 16 - North Santa Rosa Beach

Zoning Resid Single Family

Direction Hwy 98 to West Hewitt Road. Go north and follow the road to the hard right turn. Hidden Grove is the 1st subdivision on the right.

Rooms

Primary Bedroom Level Main

Master Bedroom true

Interior

Interior Features Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Fireplace, Lighting Recessed, Lighting Track, Newly Painted, Pantry, Washer/Dryer Hookup

Heating Central

Cooling Ceiling Fans, Central Air

Flooring Floor Hardwood, Floor WW Carpet

Furnishings Furnished - None

Window Features Window Treatment All,Storm Windows

Appliance Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Trash Compactor, Warranty Provided, Washer, Wine Refrigerator, Water Heater - Elect

Exterior

Exterior Feature Fenced Back Yard, Lawn Pump, Shower, Sprinkler System, Open Deck, Porch, Fenced Lot (Partial), Fenced Backyard, Outdoor Shower, Sprinkler System, Lawn Pump, Renovated

Parking Features Garage

Garage Spaces 1.0

Fence Fenced Lot-Part

Pool Pool Type

Community Features Gated Community, Pets Allowed, Pool

Utilities Available Electric, Phone, Public Water, TV Cable, Underground

Roof Type Metal

Street Surface Paved

Porch Deck Open, Porch

Garage Yes

Building

Lot Description Within 1/2 Mile to Water

Faces Hwy 98 to West Hewitt Road. Go north and follow the road to the hard right turn. Hidden Grove is the 1st subdivision on the right.

Story 2

Sewer Public Sewer

Architectural Style Florida Cottage

New Construction No

Schools

Elementary Schools Van R Butler

Middle Schools Emerald Coast

High Schools South Walton

Others

Pets Allowed No

HOA Fee Include Ground Keeping,Security

Tax ID 19-2S-20-33170-000-0180

Listed by Daniel D Walker Compass

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Jason Jones

Broker | BK3220358

+1(850) 797-6227

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250 Marlberry TRCE Santa Rosa Beach, FL 32459

Jason Jones

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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250 Marlberry TRCE