4 months on rocket

106 Palmeira Way, Santa Rosa Beach, FL, 32459

$1,999,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
2,892 SqFt
$691/SqFt
House
Schools Nearby

Location

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106 Palmeira Way, Santa Rosa Beach$1,999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2019
CoolingCeiling Fan(s), Central Air
FireplaceFireplace, Gas Fireplace
ViewGulf
Private PoolYes
MLS #938723
Lot Size0.08 Acres
StatusActive

About 106 Palmeira Way

Great opportunities await in this stunning five-bedroom home, finished in 2019 and prominently nestled in the sought-after gated community of Palmeira Villas, centrally located within Seagrove Beach. Positioned adjacent to exceptional beach access, it boasts proximity to world-class restaurants and boutique shopping along the renowned 30A. This exquisite Mediterranean villa, never previously rented, commands attention with a breathtaking corridor view of the Gulf and features an impressive three-story layout adorned with charming coastal décor and professionally selected furnishings across its five bedrooms. A standout feature is the open floor plan, boasting 12-foot ceilings on the first level, along with ample parking space in the front court and a recently added splash pool, complemented by a comfortable outdoor patio area. The intelligently designed layout maximizes living space, offering a chefs kitchen and a living room on the first floor, complete with stainless steel appliances, quartz countertops, custom cabinetry, a built-in wet bar, and a beverage station adjoining the spacious living area. The second level hosts three bedroom suites strategically placed for optimal privacy, each boasting well-appointed ensuite bathrooms. The master suite, a sanctuary on the third level, showcases stunning Gulf views and an ensuite bathroom featuring a soaking tub, walk-in shower, and dual vanities. Additionally, the third floor houses an extra guest suite with its own ensuite bathroom, accompanied by rare Gulf views from the south-facing elevation. Palmeira Villas stands as one of the exclusive gated communities along the scenic Highway 30A, conveniently positioned for easy access to Seaside and Watercolor, with Highway 98 within reach. Its also within walking distance to local favorites such as Angelinas and Cafe 30A. This propertys design caters to versatile use, making it an ideal option for generating short-term rental income or serving as a second home

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2019
  • Stories: 3
  • Living Area: 2,892 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator, Ice Maker, Gas Oven, Washer, Wine Cooler
  • Flooring Type: Hardwood, Tile
  • Interior: Ceiling Crown Molding, Raised Ceiling, Tray/Cofferd Ceiling, Fireplace, Kitchen Island, Recessed Lighting, Shelving, Washer/Dryer Hookups, Wet Bar, Window Treatment(s)
  • Fireplace: Fireplace, Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Gulf
  • Exterior: Balcony, Columns, Fenced Lot-Part, Patio Covered, Patio Open, Pool - In-Ground, Shower

Lot Features

Lot Information:

  • Lot: Covenant/Restriction, Sidewalk, Within 1/2 Mile to Water
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • South Walton High School, Public District Grades 9-12
  • Freeport Senior High School, Public District Grades 9-12
  • Walton High School, Public District Grades 9-12
  • Emerald Coast Middle School, Public District Grades 5-8
  • Freeport Middle School, Public District Grades 5-8
  • Walton Middle School, Public District Grades 6-8
  • Bay Elementary School, Public District Grades PK-4
  • Van R. Butler Elementary School, Public District Grades PK-4
  • Freeport Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Highway 395, turn East onto Scenic Highway 30A. Palmeira Villas will be a few miles down on your left. North side of Scenic Highway 30A. Once you go through the gate, follow it all the way around and the home will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,000
  • Price Per SqFt: $691/SqFt

HOA Fees:

  • Amount: $480
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $7,185
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Santa Rosa Beach, FL.

Med. Sold Price

$970.2K

Med. Price/SqFt

$528

Avg. Days On Market

90

# of Sold Homes

84

106 Palmeira Way vs Santa Rosa Beach

129 DAYS ON ROCKET

+39 Days

$1,999,000

+$1.0M More

$691/SqFt

+$163 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $163/SqFt more than other homes in Santa Rosa Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #938723

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

IDX Information Deemed Reliable but not guaranteed. The 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:50:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 24, 2020Home Sold
$967,857
Feb 16, 2016Home Sold
$139,000
Jul 26, 2010Home Sold
$52,242
Oct 20, 2004Home Sold
$475,000
Oct 11, 2004Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,185$719,798
2019$1,353$136,325
2017$1,274$128,500

History based on county public records data.

Payment Calculator

$10.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,060

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2932976
7
/10
  • Bay Elementary School

  • 118 Gilmore Rd

  • 3.76 miles

  • Public District Grades PK-4

school-card-donut-2932977
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30a

  • 9.66 miles

  • Public District Grades PK-4

school-card-donut-2932978
6
/10
  • Freeport Elementary School

  • 15381 Us Hwyy 331 South

  • 13.58 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2932979
6
/10
  • Emerald Coast Middle School

  • 4019 Us Hwy 98e

  • 9.20 miles

  • Public District Grades 5-8

school-card-donut-2932980
6
/10
  • Freeport Middle School

  • 360 Kylea Laird Dr

  • 13.10 miles

  • Public District Grades 5-8

school-card-donut-2932981
4
/10
  • Walton Middle School

  • 625 Park Ave

  • 27.63 miles

  • Public District Grades 6-8

High School

school-card-donut-2932982
8
/10
  • South Walton High School

  • 645 Greenway Trl

  • 6.21 miles

  • Public District Grades 9-12

school-card-donut-2932983
8
/10
  • Freeport Senior High School

  • 12615 Us Hwy 331 South

  • 15.93 miles

  • Public District Grades 9-12

school-card-donut-2932984
5
/10
  • Walton High School

  • 449 Walton Rd

  • 29.57 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,066. Residents of Santa Rosa Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 106 Palmeira Way

What is the listing price of this property?

The listing price of 106 Palmeira Way property is $1,999,000.

What type of property is this?

The property 106 Palmeira Way is a house located in Santa Rosa Beach, Florida, 32459.

Is this property for sale now?

Active Listing: 106 Palmeira Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 106 Palmeira Way are:
Bay Elementary School: GreatSchools Rating 7/10
Van R. Butler Elementary School: GreatSchools Rating 8/10
Freeport Elementary School: GreatSchools Rating 6/10
Emerald Coast Middle School: GreatSchools Rating 6/10
Freeport Middle School: GreatSchools Rating 6/10
Walton Middle School: GreatSchools Rating 4/10
South Walton High School: GreatSchools Rating 8/10
Freeport Senior High School: GreatSchools Rating 8/10
Walton High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,185 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 24, 2020 for $967,857. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 106 Palmeira Way has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 106 Palmeira Way is 2,892 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 106 Palmeira Way is 2019.

Rocket HomesFloridaWalton CountySanta Rosa Beach32459106 Palmeira Way

This home is located at 106 Palmeira Way in Santa Rosa Beach, FL and zip code 32459. This 2,892 square foot home, which was built in 2019, sits on a 0.08 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 21, 2023 and is currently priced at $1,999,000.

In March 2024 more than 6 listings in Santa Rosa Beach, FL were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 65 were sold below. In March 2024 in Santa Rosa Beach, FL there were 18.1% more homes for sale than in February 2024. While the average time on the market in March 2024 was 90 days, the median list price was $970,200.

From Rocket Homes Real Estate and based on county public records data.

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