Santa Rosa Beach, FL 32459
Property Inquiry
Contact Daniel Walker about this property!
Property Details
PROPERTY IS UNDER CONTRACT WITH KICK OUT CLAUSE. 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! OFFERS BEING ACCEPTED. PROPERTY IS UNDER CONTRACT WITH CONTINGENCIES. CONTRACT HAS A KICK-OUT CLAUSE WITH FIRST RIGHT OF REFUSAL. *All info is accurate to the best of our knowledge, but should be verified if concerned*
| COUNTY | Walton |
| SUBDIVISION | HIDDEN GROVE |
| PARCEL ID | 19-2S-20-33170-000-0180 |
| TYPE | Detached Single Family |
| STYLE | Florida Cottage |
| ACREAGE | 0 |
| LOT ACCESS | Paved Road |
| LOT SIZE | 50 |
| HOA INCLUDE | Ground Keeping,Security |
| HOA FEE | 410.00 (Quarterly) |
| UTILITIES | Electric,Phone,Public Sewer,Public Water,TV Cable,Underground |
| PROJECT FACILITIES | Gated Community,Pets Allowed,Pool,Short Term Rental - Not Allowed |
| ZONING | Resid Single Family |
| PARKING FEATURES | Garage,Garage Attached |
| APPLIANCES | Dishwasher,Dryer,Microwave,Oven Self Cleaning,Refrigerator W/IceMk,Smoke Detector,Smooth Stovetop Rnge,Stove/Oven Electric,Trash Compactor,Warranty Provided,Washer,Wine Refrigerator |
| ENERGY | AC - Central Elect,Heat Cntrl Electric,Storm Windows,Water Heater - Elect |
| INTERIOR | Ceiling Beamed,Ceiling Crwn Molding,Ceiling Raised,Fireplace,Floor Hardwood,Floor WW Carpet,Furnished - None,Lighting Recessed,Lighting Track,Newly Painted,Pantry,Renovated,Washer/Dryer Hookup,Window Treatment All |
| EXTERIOR | Deck Open,Fenced Back Yard,Fenced Lot-Part,Lawn Pump,Porch,Renovated,Shower,Sprinkler System |
| ROOM DIMENSIONS | Master Bedroom : 30 x 20 Master Bathroom : 16 x 15 Bedroom : 15 x 12 Bedroom : 15 x 12 Bedroom : 15 x 12 Living Room : 23 x 13 Loft : 15 x 15 |
Schools
Location & Map
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.