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#: 933449
Originating 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
| Date | Event | Price |
|---|---|---|
| 11/13/2023 | Sold | $445,000-0.9%$1,213/sqft |
Source: | ||
| 10/8/2023 | Pending sale | $449,000$1,223/sqft |
Source: | ||
| 9/29/2023 | Listed for sale | $449,000+21.4%$1,223/sqft |
Source: | ||
| 3/15/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/10/2022 | Listed for rent | $3,000$8/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 2.1 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 7 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 3.7 mi
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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