120 Quincy Circle, Santa Rosa Beach, FL 32459 (MLS# 943791)

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120 Quincy Circle, Santa Rosa Beach, FL 32459

$5,195,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,784 Lot Size (sq. ft.): 2,178 Status: Active

Current Price: $5,195,000 List Date: 3/04/2024 Last Modified: 3/13/2024

Description

Welcome to the heartbeat of Seaside, Florida, where this dynamic commercial/liv- work building offers three avenues of income. On the ground floor, profit from the bustling energy of foot traffic with a prime commercial space currently occupied by a thriving business owned by the seller. Looking to make it your own? The seller is open to continuing a lease agreement or vacating, providing flexibility for your entrepreneurial dreams. Above, discover two separate short-term rental apartments, each offering a slice of Seaside's charm and generating over $191,000 in revenue. Picture yourself relaxing on the rooftop terrace, soaking in 360-degree views of Seaside, Florida, and the Gulf of Mexico.

Supplements: Whether you're an investor seeking lucrative returns or a business owner ready to make your mark in this iconic village, this property holds endless potential. Don't miss this opportunity to be part of the vibrant pulse of the Early Morning Hour District in Seaside's Ruskin Place Art District. First floor commercial with Seller willing to remain for 3 years paying a $10,000/month rent, or Seller will vacate should buyer wish to put in own business which has to be agreed by SCDC. Second and third levels are separate short term rental apartments

More Information MLS# 943791

Status Change Info

Status: Active

Contract Info

List Date: 2024-03-04 Current Price: $5,195,000 List Price: $5,195,000 List Price/SqFt: 1372.89 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 18 - 30A East Street #: 120 Street Name: Quincy Street Suffix: Circle State: FL Zip Code: 32459 County: Walton Sub Area: 1802 - S. of 98 W of Camp Creek Project Name/Subdivision: SEASIDE 05 Parcel ID: 15-3S-19-25120-00J-0030 Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Legal Description: LOT 3 BLK J SEASIDE IV PB 7-23 OR 1615-299 OR 2006-244 OR 2028-295 OR 2245-433 OR 2329- 1764

General Property Info

Sub-Type: Detached Single Family Design: Other Apx SqFt(Htd/Cooled): 3784 SqFt Source: County PA Records Bedrooms: 4 Full Baths: 4 Half Baths: 1 Total Bathrooms: 5 # Stories: 3 Year Built: 2003 Garage: No Carport: No Assigned Spaces: 1 Acreage: 0.05 Pool: No Pool Type: None

Listing Info, Tax & Legal

Homestead: No Assessment Fees: Yes Assessment Amount: 27000 Annual Assessment Amount: 27000 Assessment Paid: Annually Is Subject Leased: No New Buyer Fee: No Last Taxes: 15386.53 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Welcome to the heartbeat of Seaside, Florida, where this dynamic commercial/liv- work building offers three avenues of income. On the ground floor, profit from the bustling energy of foot traffic with a prime commercial space currently occupied by a thriving business owned by the seller. Looking to make it your own? The seller is open to continuing a lease agreement or vacating, providing flexibility for your entrepreneurial dreams. Above, discover two separate short-term rental apartments, each offering a slice of Seaside's charm and generating over $191,000 in revenue. Picture yourself relaxing on the rooftop terrace, soaking in 360-degree views of Seaside, Florida, and the Gulf of Mexico.

Office/Member Info

Single Agent Comp: 2.5 Single Agent Comp Type: % Trans Broker Comp: 2.5 Trans Broker Comp Type: % Non-Rep Comp: 1 Non-Rep Comp Type: %

Property Features

Construction Status: Construction Complete Lot/Parcel Access: Private Road Lot Features: Zero Lot Line Zoning: Commercial; Resid Single Family Waterview: Gulf Project Facilities: Beach; Pickle Ball; Playground; Pool; Tennis; Waterfront Construction/Siding: Block; Roof Flat; Stucco Exterior: Balcony; Deck Covered Interior: Elevator; Furnished - All Appliances: Dishwasher; Disposal; Microwave; Refrigerator Utilities: Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Heat Pump A/A Two +; Water Heater - Elect Master Bedroom: Second; Third Bedroom: Second; Third Living Room: Second; Third Rooms: Bedroom; Living Room; Master Bedroom Financing: Conventional

Room Information

Living Room Level: Second Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Remarks: Located on 2nd level... there is an elevator Dimensions: 13 x 13 Master Bedroom Level: Second Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Remarks: Located on 2nd level... there is an elevator Dimensions: 13 x 12 Bedroom Level: Second Dimensions: 13 x 11 Length: 13.00 Width: 11.00 Remarks: Located on 2nd level... there is an elevator Dimensions: 13 x 11 Living Room Level: Third Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Remarks: Located on 3rd level in separate apt. Dimensions: 13 x 13 Master Bedroom Level: Third Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Remarks: Located on 3rd level in separate apt. Dimensions: 13 x 12 Bedroom Level: Third Dimensions: 13 x 11 Length: 13.00 Width: 11.00 Remarks: Located on 3rd level in separate apt. Dimensions: 13 x 11

Listing Office: Scenic Sotheby's International Realty

Last Updated: March - 13 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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