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Sold for $445,000
  • $445,000

    45 Town Center Loop Unit 312, Santa Rosa Beach, FL 32459

    0beds
    367sqft
    Condominium
    Built in 2001
    -- sqft lot
    $337,000 Zestimate®
    $1,213/sqft
    $1,431 Estimated rent

    Home value

    $337,000

    $307,000 - $367,000

    $1,431/mo

    Zestimate® history
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    What's special

    If you're looking for a high income-producing investment property on 30A with gulf views, private deeded beach access and a prime location on 30A, you've found the ONE! With a solid self-managed rental history of $56K in 2022 and on track for $60K in 2023, cap rate returns on this elegantly designed, coastal studio condo just make sense. Situated on the third floor of the popular Inn at Gulf Place east tower, this uniquely positioned corner unit has direct gulf views from both the balcony and side window, ushering in an abundance of natural light. New coastal-inspired furnishings, tranquil interior paint colors, modern flooring and bathroom updates. Accommodating up to four guests with a king bed and queen sleeper sofa, this fully furnished unit feels extra spacious and welcoming. All the modern amenities such as a mini-fridge, microwave and special coffee/wine bar makes this a perfect coastal retreat for a couple, single guests or family with kids. Easy access via elevators (or stairs) and cozy balcony overlooking the turquoise waters offers an enchanting respite from hustle and bustle of daily life hearkening true vacation vibes and relaxation. This is one of the highest performing studio rentals in Gulf Place. Actuals (not projections) will reach $60K in 2023. New hot water heater (2022), new split HVAC unit (2022) and updated bathroom (2022) make this a true turnkey, investment opportunity ideal as a private beach retreat or vacation rental. Easy stroll to some of 30A's most popular hot spots including: Shunk Gulley, Perfect Pig, Shelby's Beach Bar, Sunrise Coffee shop, Pecan Jack's ice cream, and the new Papa Surf's Burger Bar. Don't miss the opportunity to own your own slice of paradise and top performing investment property on 30A! Please note: special assessment for building elevator improvements of $407.08/monthly from November 2023 - February 2024 to be paid by seller. All rentals convey to new buyer if desired. Unit is sold fully furnished.

    Zillow last checked: 8 hours ago

    Listing updated: March 04, 2025 at 02:30am

    Listed by:

    Lynne Andrews 404-784-5606,

    Corcoran Reverie SRB

    Bought with:

    Robert A Augustine, 3388166

    Corcoran Reverie SRB

    Source: ECAOR,MLS#: 933449MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: MBed Waterfront
    Primary bathroom
    • Features: MBath Shower Only, MBath Tile
    Living room
    • Level: First
    Heating
    • Heat - Wall/Window
    Cooling
    • Wall/Window Unit(s), Ceiling Fan(s)
    Appliances
    • Included: Microwave, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Elevator, Entrance Foyer, Living Room, Master Bathroom
    • Flooring: Tile
    • Windows: Plantation Shutters, Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 367
    • Total interior livable area: 367 sqft

    Property

    Features
    • Stories: 1
    • Exterior features: Balcony, BBQ Pit/Grill, Dumpster, Tennis
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Beach
    Lot
    • Features: Deed Access
    Details
    • Additional structures: Pavillion/Gazebo
    • Parcel number: 033S20344070330120

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Stucco, Trim Aluminum
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Construction Complete
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Cable Connected

    Community & neighborhood

    Security
    • Security features: Fire Alarm/Sprinkler, Smoke Detector(s)
    Community
    • Community features: Picnic Area, Playground, Pool, TV Cable
    Location
    • Region: Santa Rosa Beach
    • Subdivision: Gulf Place Town Center East Condo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $627 monthly
    • Services included: Accounting, Maintenance Grounds, Insurance, Recreational Faclty

    Other

    Other facts
    • Listing terms: Conventional,FHA

    Price history

    DateEventPrice
    11/13/2023Sold$445,000-0.9%$1,213/sqft
    Source: ECAOR #933449 Report a problem
    10/8/2023Pending sale$449,000$1,223/sqft
    Source: ECAOR #933449 Report a problem
    9/29/2023Listed for sale$449,000+21.4%$1,223/sqft
    Source: ECAOR #933449 Report a problem
    3/15/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/10/2022Listed for rent$3,000$8/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,658 +7.7%$290,939 +7.1%
    2023$2,469 +43.1%$271,672 +58.3%
    2022$1,725 +14.2%$171,573 +10%

    Find assessor info on the county website

    Neighborhood: 32459

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Van R Butler
    • Middle: Emerald Coast
    • High: South Walton

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $337,000
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