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Sold for $2,010,000 on 12/26/24
  • $2,010,000

    295 Elm St, Santa Rosa Beach, FL 32459

    6beds
    3,209sqft
    Single Family Residence
    Built in 2007
    6,534 Square Feet Lot
    $1,911,500 Zestimate®
    $626/sqft
    $6,450 Estimated rent

    What's special

    With guaranteed rental income and below-market financing, this property is undoubtedly one of the best investment opportunities along 30A. The projected income is $233k-$288k and the seller guarantees a minimum of $180,000 in rental income for 2025! Plus the seller is offering a special financing incentive at 5.5% APR on a 30-year fixed-rate mortgage for qualified buyers. The home, outdoor amenities and furnishings are nearly all new or recently remodeled making this the ultimate turn-key luxury second home or short term rental investment.Prime Location with deeded beach access! Nestled in the coveted Gulf Shore Manor neighborhood of Seagrove in close proximity to Seaside, this property offers the largest expanse of both deeded and public beach access with parking along 30A. Guests will love the easy walking or biking distance to Seaside. With recent concerns about private beach restrictions, Gulf Shore Manor is protected by their court awarded deeded beach use rights. Another bonus is no HOA dues or HOA restrictions. The nearest beach access with parking, San Juan, is just four blocks away. Guests also enjoy the included golf cart and a dozen bikes for effortless transportation of beach gear. Parking is often a challenge in vacation rentals, but this property accommodates five vehicles plus a golf cart, making it highly desirable! With a main house and a guest house, both featuring full kitchens and living areas, this home is perfect for multiple families vacationing together, family reunions, corporate retreats, and groups of friends. And with a sleeping capacity of 21+ people it commands a premium nightly rate. Outdoor amenities: The private heated pool, spa, gas grill, private dining patio, and fully screened upper porch are popular outdoor amenities. Recently remodeled: The entire guest house, landscaping, pool, and master bathroom have all been expertly installed or remodeled by the current owners within the last few years with the balance of the main house remodeled recently as well. The entire exterior was just painted so the new owners can immediately enjoy making memories in this amazing beach home while your short term renters pay the bill. Elegant Design and Layout: The main house boasts a gorgeous kitchen with timeless bespoke shaker style cabinetry, dining area, great room, screened porch, and master bath on the upper level. The great room features vaulted ceilings with tongue-and-groove details. The master bathroom was remodeled in spring 2024 with a luxury carrara marble shower as the centerpiece. The main floor includes two private bedrooms with ensuite baths, a large bunk room with two sets of queen-over-queen bunks and trundle (sleeping 10), another hallway bathroom, and a kids' game room with video games, a sofa, TV, and built-in twin bunks. The guest house features another living area, full kitchen, mini bunk with twin over twin bunks, a full bathroom, queen bedroom, and a master suite with full bathroom. The guest room was completely remodeled top to bottom in 2021. Be sure and view the Matterport virtual tour and floorplans. This stunning, fully furnished property includes a professionally designed website at elmbythesea.com for direct bookings, in addition to listings on Airbnb, VRBO, and more. High cash flow and beautiful included furnishings make it an irresistible investment. Don't miss this unparalleled coastal paradise! Embrace the essence of luxury, convenience, and extraordinary investment potential in your own dream oasis. Act now and secure your place in one of 30A's most desired communities. Seller is flexible on closing dates...a delayed closing to coincide with a future 1031 sale is fine

    Zillow last checked: 7 hours ago

    Listing updated: December 28, 2024 at 06:40am

    Listed by:

    Julia A McClatchy 904-323-9123,

    Fathom Realty FL LLC

    Bought with:

    James A Wilkins, 3530888

    Corcoran Reverie SRB

    Source: ECAOR,MLS#: 953661MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom
    • Level: First
    Primary bathroom
    • Features: Double Vanity, MBath Dressing Area, Soaking Tub, MBath Separate Shwr, Walk-In Closet(s)
    Kitchen
    • Level: Second
    Living room
    • Level: Second
    Heating
    • Heat - Two or More, Electric
    Cooling
    • AC - 2 or More, Electric, AC - High Efficiency, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Smooth Stovetop Rnge, Electric Range, Washer
    Features
    • Breakfast Bar, Beamed Ceilings, Cathedral Ceiling(s), Crown Molding, High Ceilings, Vaulted Ceiling(s), Guest Quarters, Recessed Lighting, Pantry, Shelving, Woodwork Stained, Bedroom, Dining Area, Kitchen, Living Room, Master Bathroom, Master Bedroom
    • Flooring: Hardwood, Tile
    • Windows: Double Pane Windows, Skylight(s), Window Treatments
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,209
    • Total interior livable area: 3,209 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck Open, Patio Open, Porch Open
    • Exterior features: Balcony, Barbecue, Columns, Lawn Pump, Renovated, Separate Living Area
    • Has private pool: Yes
    • Pool features: Private, In Ground
    • Fencing: Privacy
    Lot
    • Size: 6,534 sqft
    • Dimensions: 50 x 130
    • Features: Within 1/2 Mile to Water, Deed Access
    Details
    • Additional structures: Separate Bldg Rent
    • Parcel number: 143S19250400080170
    • Zoning description: Resid Single Family
    • Special conditions: Accept Backup Offers

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House
    • Property subtype: Single Family Residence
    Materials
    • Frame, Siding CmntFbrHrdBrd, Trim Wood
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Construction Complete
    • Year built: 2007

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Pool
    Location
    • Region: Santa Rosa Beach
    • Subdivision: Gulf Shore Manor

    Other

    Other facts
    • Road surface type: Paved
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,911,500
    2% more+ $38,230
    With Zillow Showcase(estimated)
    $1,949,730