250 Marlberry Trace, Santa Rosa Beach, FL 32459 (MLS# 998305)

Description

Great deal on a great property. MOst recent appraisal for 660k. Property has been updated within the last 2 years and has achieved $3500 in monthly rent. All appliances and carpet are less than 1 year old. Kitchen and bathroom updates are less than 2 years old. For a great deal, this property can be purchased under 85% of the value and can achieve a 7% cap rate. Great gated community in a great location! This is the first time the property has been listed with the upgrades! Updates include, but are not limited to, totally new kitchen countertops, cabinets, and appliances, a new master bathroom shower, new flooring, countertops, cabinets, and a 2-person hydrotherapy soaking tub, new carpet throughout, new paint throughout, a new water heater, and a back patio, to name just a few.

Supplements: This is one of the best deals in all of the 30A corridor. Hidden Grove is a great neighborhood for all demographics, close to everything. Within a 5-10-minute drive, you can be at the beach, Grand Blvd, Sacred Heart Hospital, the west entrance of Hwy 30A! Seller has relocated and is very motivated to sell. Previously removed from market due to tenant complaints of showings and tenant clutter. List price does not include buyer broker's fee.

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 252.13 List Date: 2026-03-18 Current Price: $549,900 List Price: $549,900

Location, Tax and Legal

Sub Area: 1601 - SRB NW of Hwy 98 to Church Hill Bayou Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 18 HIDDEN GROVE S/D PB 16-29 OR 2643-2063 OR 2938-2429 OR 2943-1610 OR 2978-1903 OR 3140-4995

General Property Info

Sub-Type: Detached Single Family Design: Traditional SqFt Source: County PA Records Immediate Occupancy: No Garage: Yes Carport: No Driveway Spaces: 3 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 2181 Bedrooms: 4 Full Baths: 2 Half Baths: 1 Total Bathrooms: 3 # Stories: 2 Year Built: 2015 Garage Spaces: 1 Acreage: 0.12

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: Yes Rent/Mo: 3500 Assessment Amount: 406.5 Lease Expiration Dt: 2025-11-30 Annual Assessment Amount: 1626 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 1500 New Buyer Fee Paid: $ Last Taxes: 2698.81 Last Tax Year: 2025 Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property. As Is: Yes

Remarks & Misc

Remarks: Great deal on a great property. MOst recent appraisal for 660k. Property has been updated within the last 2 years and has achieved $3500 in monthly rent. All appliances and carpet are less than 1 year old. Kitchen and bathroom updates are less than 2 years old. For a great deal, this property can be purchased under 85% of the value and can achieve a 7% cap rate. Great gated community in a great location! This is the first time the property has been listed with the upgrades! Updates include, but are not limited to, totally new kitchen countertops, cabinets, and appliances, a new master bathroom shower, new flooring, countertops, cabinets, and a 2-person hydrotherapy soaking tub, new carpet throughout, new paint throughout, a new water heater, and a back patio, to name just a few.

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Attached: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Within 1/2 Mile to Water: 1

Project Facilities

Gated Community: 1 Pets Allowed: 1 Pool: 1 Short Term Rental - Not Allowed: 1

Construction/Siding

Roof Metal: 1 Siding CmntFbrHrdBrd: 1

Utilities

Electric: 1 Phone: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1 Underground: 1

Zoning

Resid Single Family: 1

Exterior

Deck Open: 1 Fenced Back Yard: 1 Fenced Lot-Part: 1 Lawn Pump: 1 Porch: 1 Renovated: 1 Shower: 1 Sprinkler System: 1

Assumable Mtg Typ

Conventional Fixed: 1

Interior

Ceiling Beamed: 1 Ceiling Crwn Molding: 1 Ceiling Raised: 1 Fireplace: 1 Floor Hardwood: 1 Floor WW Carpet: 1 Furnished - None: 1 Lighting Recessed: 1 Lighting Track: 1 Newly Painted: 1 Pantry: 1 Renovated: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Conventional: 1 FHA: 1 Owner: 1 VA: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven Self Cleaning: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Smooth Stovetop Rnge: 1 Stove/Oven Electric: 1 Trash Compactor: 1 Warranty Provided: 1 Washer: 1 Wine Refrigerator: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Storm Windows: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: 1 MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBath Walk-In Closet: 1 MBath Whirlpool: 1 MBed Carpeted: 1 MBed First Floor: 1 MBed Sitting Area: 1

Master Bedroom

First: 1

Bedroom

Second: 1

Living Room

First: 1

Rooms

Bedroom: 1 Living Room: 1 Loft: 1 Master Bathroom: 1 Master Bedroom: 1

Fees Include

Ground Keeping: 1 Security: 1

Existing Leases

7 - 12 Months: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 16 - North Santa Rosa Beach Street #: 250 Street Name: Marlberry Trace State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: HIDDEN GROVE Parcel ID: 19-2S-20-33170-000-0180

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage; Garage Attached Project Facilities: Gated Community; Pets Allowed; Pool; Short Term Rental - Not Allowed Exterior: Deck Open; Fenced Back Yard; Fenced Lot-Part; Lawn Pump; Porch; Renovated; Shower; Sprinkler System Interior: Ceiling Beamed; Ceiling Crwn Molding; Ceiling Raised; Fireplace; Floor Hardwood; Floor WW Carpet; Furnished - None; Lighting Recessed; Lighting Track; Newly Painted; Pantry; Renovated; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Dryer; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Trash Compactor; Warranty Provided; Washer; Wine Refrigerator Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable; Underground Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Storm Windows; Water Heater - Elect Master Bedroom: First Bedroom: Second Living Room: First Rooms: Bedroom; Living Room; Loft; Master Bathroom; Master Bedroom Assumable Mtg Typ: Conventional Fixed Financing: Conventional; FHA; Owner; VA Fees Include: Ground Keeping; Security Existing Leases: 7 - 12 Months

Room Information

Master Bedroom Level: First Dimensions: 30 x 20 Length: 30.00 Width: 20.00 Dimensions: 30 x 20 Master Bathroom Level: First Dimensions: 16 x 15 Length: 16.00 Width: 15.00 Dimensions: 16 x 15 Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Living Room Level: First Dimensions: 23 x 13 Length: 23.00 Width: 13.00 Dimensions: 23 x 13 Loft Level: Second Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15