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250 Marlberry Trace, Santa Rosa Beach, FL 32459

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For Sale

$599,000

4 beds • 2 baths • 1 half baths • 2,181 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $274.64
    Price per square foot

  • 6-10 Years Old
    Age

Explore this Property

Great deal on a great property. Motivated seller! Recent appraisal for $660k. $3500 month rental. Property has been updated. All appliances and carpet are less than 1 year old. Kitchen and bathroom updates less than 2 years old. For cash buyer they can walk into this property under 90% of value and can achieve a 6% cap rate. Great gated community in great location! This is the first time the property has been listed with the upgrades! Updates include but not limited to, totally new kitchen countertops, cabinets, and appliances, new master bathroom shower, flooring, countertops, cabinets and a 2 person hydrotherapy soaking tub, new carpet throughout, new paint throughout, new water heater and back porch to name just some. The living room has real cherry wood hardwood flooring. The master bathroom and kitchen were covered in level 4 Quartz and tile. Over 50k in upgrades used within the last 2 years! The Hidden Grove Neighborhood is one of the hidden gyms in Walton County with a gated entrance, a large community pool, and walking paths with dimmed street lights throughout. Great location within a 5-minute drive to the beach, to Butler Elementary, Grand Blvd, Sacred Heart Hospital, Walmart and SanDestin. The property currently has a renter paying $3500 a month with excellent payment history. The tenant would like to continue to rent the place and will sign another 12-month lease. If the renter is not kept, a 60-day notice will be required. For a cash buyer, this will produce over a 6% cap rate at under 90% of appraised value. Finding a deal like this along the 30A corridor is like finding a needle in a haystack. Whether you are looking for a spacious 4-bedroom home to live in or if you want a low-maintenance second home in a safe and secure location, you must put this home on your list to see! *All info is accurate to the best of our knowledge but should be verified if concerned*
MLS# 986377

Courtesy Of Compass Florida, LLC

(850) 296-9769

Property Features

  • Age
    6-10 Years Old
  • Amenities
    Deck, Porch, Sprinkler System
  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator - Wine Storage, Trash Compactor, Washer
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Hardwood, Wood
  • Lot Size
    0.12 Acres
  • Rooms
    Living Room, Loft, Master Bathroom

Map and Directions

Directions to 250 Marlberry Trace, Santa Rosa Beach, FL 32459

Home seller CENTURY 21 BE3

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CENTURY 21 BE3

(800) 541-9923
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Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.