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Jennifer Hatcher

[email protected] +1(850) 685-8243

$ 3,695,000

Est. payment -/mo

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Active

333 Lakewood Drive Santa Rosa Beach, FL 32459

10 Beds

11 Baths

5,300 SqFt

UPDATED:

10/14/2024 07:29 PM

Key Details

Property Type Single Family Home

Sub Type Contemporary

Listing Status Active

Purchase Type For Sale

Square Footage 5,300 sqft

Price per Sqft $697

Subdivision Lakewood Estates

MLS Listing ID 961085

Bedrooms 10

Full Baths 10

Half Baths 1

Construction Status Construction Complete

HOA Y/N No

Year Built 2023

Annual Tax Amount $7,275

Tax Year 2023

Lot Size 0.260 Acres

Acres 0.26

Property Description

333 Lakewood Drive ''Seagrove Palace'' has achieved an impressive $245,123.77 in its inaugural year on the market! Newly introduced to the rental scene in 2024, this non HOA home generated rental income surpassing many long-established competitors.Looking ahead, 2025 is set up to do even better with $148,324.01 already on the books. This remarkable performance highlights the property's strong rental potential with projections of $328,000 allowing for a net ROI of 6.1% at the current ask price. Opportunities like this along 30A are rare, and high return potential make this a standout investment. We invite reasonable offers and encourage you to act quickly. Detailed booking history and futures are available upon request. ROI/CTO details under documents. Buyer to verify all dimensions.

Location

State FL

County Walton

Area 18 - 30A East

Zoning Resid Single Family

Interior

Interior Features Floor Hardwood, Kitchen Island, Newly Painted, Washer/Dryer Hookup

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer

Exterior

Exterior Feature Balcony, Pool - In-Ground

Pool Private

Utilities Available Public Sewer, Public Water

Private Pool Yes

Building

Lot Description Survey Available

Story 3.0

Structure Type Roof Metal

Construction Status Construction Complete

Schools

Elementary Schools Dune Lakes

Others

Energy Description AC - Central Elect,Ceiling Fans

Financing Conventional,Other

Listed by Engel & Volkers 30A Beaches

Jennifer Hatcher

Advisor | License ID: 3132696

+1(850) 685-8243

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