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Sold for $1,280,000 on 07/05/24
  • $1,280,000

    561 Eastern Lake Rd UNIT 303, Santa Rosa Beach, FL 32459

    2beds
    1,000sqft
    Condominium
    Built in 1985
    -- sqft lot
    $1,273,400 Zestimate®
    $1,280/sqft
    $2,361 Estimated rent

    Home value

    $1,273,400

    $1.13M - $1.43M

    $2,361/mo

    Zestimate® history
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    What's special

    Offering a professionally curated design, this stunning Gulf-front two-bedroom residence at Commodore's Retreat fully encompasses the epitome of coastal living. Upon initial entry, the newly installed flooring leads way to the impressive living areas embellished with premium finishes and upgrades carried throughout. The gourmet kitchen features custom cabinetry flanked by white quartz countertops, a contrasting tiled backsplash, luxury appliance suite, and an extended island perfect for entertaining. The generously sized living and dining areas adorned with white shiplap walls and chic furnishings are anchored by the 180-degree views of the turquoise hued waters. Blurring the line between indoors and out, the covered terrace is the perfect place to admire the new palate of mesmerizing hues emitted by the renowned Emerald Coast sunsets each and every night. A true rarity, this residence is also positioned to enjoy views overlooking the Eastern Lake outfall connecting the rare coastal dune lake to the Gulf of Mexico. Synonymous with relaxation, the bright and airy main suite is an oasis with a sumptuous ensuite featuring dual vanities and custom tiled wet room. Flooded with natural light, the junior suite is spacious in size offering two full beds and dual closets. A complete renovation was completed in 2023 to include new paint, flooring, electrical, wood accents, interior doors, window treatments, vanities, showers, lighting fixtures, furnishings, new kitchen, and much more. The impressive annual rental potential exceeding $100K coupled with the turn-key configuration and recent upgrades create a compelling opportunity for investors and second or full-time residents alike. When it comes to ultra-luxe living, the allure of Commodore's Retreat at Seagrove Beach remains unrivaled. The intimate low-density community is tucked away from the hustle and bustle while remaining a short distance to Seaside & Watercolor. The sought-after complex affords residents with an array of amenities including a Gulf side pool, partial covered parking, picnic and grilling areas, and private deeded beach access. The "new town center" at Greenway Station featuring Wild Olives Restaurant, Canopy Road Breakfast Cafe, Turbo Coffee, Local Cantina, Pecan Jacks, Jonah Allen Art Gallery, local boutiques, and access to the State Forest for walking & biking trails is also poised minutes away. Inquire today to arrange a private viewing and start living the coast al lifestyle you deserve.

    Zillow last checked: 8 hours ago

    Listing updated: October 29, 2024 at 02:45pm

    Listed by:

    Robert A Augustine 850-226-3727,

    Corcoran Reverie SRB

    Bought with:

    Ogle Luxury Group

    EXP Realty LLC

    Source: ECAOR,MLS#: 950625MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    Bedroom
    • Level: First
    Primary bathroom
    • Features: Double Vanity, MBath Shower Only, MBath Tile
    Bathroom
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric
    Cooling
    • Electric, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator W/IceMk, Electric Range, Washer, Electric Water Heater
    Features
    • Kitchen Island, Recessed Lighting, Newly Painted, Owner's Closet, Renovated, Bedroom, Full Bathroom, Living Room, Master Bathroom, Master Bedroom
    • Flooring: Tile, Vinyl
    • Doors: Storm Door(s)
    • Windows: Window Treatmnt Some
    • Furnished: Yes
    Interior area
    • Total structure area: 1,000
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Stories: 5
    • Exterior features: Balcony, BBQ Pit/Grill, Dumpster
    • Pool features: Community
    • Has view: Yes
    • View description: Coastal Dune Lakes, Gulf, Lake
    • Has water view: Yes
    • Water view: Coastal Dune Lakes,Gulf,Lake
    • Waterfront features: Gulf, Beach, Waterfront
    Lot
    • Features: Deed Access
    Details
    • Parcel number: 243S19253100000303

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete, Frame, Wood Siding, Stucco, Trim Vinyl, Trim Wood
    • Foundation: Foundation On Piling
    • Roof: Metal
    Condition
    • Construction Complete
    • Year built: 1985

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Fire Alarm/Sprinkler
    Community
    • Community features: Fishing, Picnic Area, Pool, TV Cable
    Location
    • Region: Santa Rosa Beach
    • Subdivision: Commodore's Retreat Limited Condo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,200 monthly
    • Services included: Maintenance Grounds, Insurance, Internet, Master Association, Recreational Faclty, Sewer, Trash, Cable TV, Water

    Other

    Other facts
    • Listing terms: Conventional,FHA,Other,VA Loan

    Price history

    DateEventPrice
    7/5/2024Sold$1,280,000-5.1%$1,280/sqft
    Source: ECAOR #950625
    6/5/2024Pending sale$1,349,000$1,349/sqft
    Source: ECAOR #950625
    5/24/2024Listed for sale$1,349,000-3.6%$1,349/sqft
    Source: ECAOR #950625
    5/22/2024Listing removed--
    Source: ECAOR #917755
    10/30/2023Price change$1,399,000-1.8%$1,399/sqft
    Source: ECAOR #917755

    Public tax history

    YearProperty taxesTax assessment
    2024$7,481 +0.5%$819,000
    2023$7,442 +37.3%$819,000 +57.4%
    2022$5,418 +15.1%$520,361 +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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    $1,273,400
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    With Zillow Showcase(estimated)
    $1,298,868