4 months on rocket

40 Walton Magnolia Ln Unit A-3, Inlet Beach, FL, 32461

$2,135,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,278 SqFt
$1,671/SqFt
Townhouse
Schools Nearby

Location

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40 Walton Magnolia Ln Unit A-3, Walton Beaches$2,135,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1982
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
ViewGulf
MLS #938994
Lot Size0.10 Acres
StatusActive

About 40 Walton Magnolia Ln Unit A-3

Here is a rare opportunity on 30A, with fee simple ownership of your own private beach and NO Homeowner Association fees. You can own an absolutely stunning GULF FRONT townhome along Scenic Highway 30A, beautifully remodeled and offering an unparalleled 30A coastal life experience. Boasting 2 bedrooms and 2.5 bathrooms, this gem features an oversized kitchen adorned with exquisite quartz counters, soft-close drawers, and stainless appliances making culinary adventures an absolute delight. Indulge in the ultimate relaxation within the master bedroom, strategically positioned to showcase breathtaking Gulf views and offering exclusive access to its private balcony, where the serene beauty of the ocean becomes your personal retreat. Entertaining is a breeze with a generously-sized open porch, providing the ideal setting for gatherings and soaking in the mesmerizing sunsets over the horizon a picturesque backdrop for memorable moments with friends and family. The seller also has engineering plans for a plunge pool, and those plans convey with the sale. This immaculate townhome comes fully furnished, ready for immediate enjoyment or lucrative rental opportunities, just in time for Spring Break 2024. Embrace the allure of coastal living at its finest in this meticulously designed haven that promises a lifestyle of tranquility and elegance by the sea. With vacation rental projections approaching $121K annually, you dont miss this chance to make your dream of Gulf-front living a reality! (Age of Roof is 2015, Age of Water Heater is 2017, Age of A/C is 2021, Age of Electric Panel is 2023, Property Has Been Converted to Sewer)

Property Details

Property Features

Property Information:

  • Architectural Style: Townhome
  • Year Built: 1982
  • Stories: 3
  • Living Area: 1,278 SqFt

Listing Office:

  • Office Name: 30A Coastal Life LLC
  • Office Phone: (850) 665-0664
  • Listing Agent: James B Loznicka, Nikki Nickerson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Interior: Breakfast Bar, Ceiling Crown Molding, Recessed Lighting, Owners Closet, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Deck Covered, Deck Open, Patio Covered, Patio Open, Shower

Lot Features

Lot Information:

  • Lot: Interior Lot, Survey Available, Within 1/2 Mile to Water
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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
  • Emerald Coast Middle School, Public District Grades 5-8
  • Freeport Middle School, Public District Grades 5-8
  • 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 US Hwy 98 in Inlet Beach, turn south onto S Walton Lakeshore Drive and drive approximately 1/2 mile. Ease around the bend of the road and the complex will be on your right along the Gulf.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,135,000
  • Price Per SqFt: $1,671/SqFt
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Housing Market Comparison

See how this home compares to others in Walton Beaches, FL.

Med. Sold Price

$980.1K

Med. Price/SqFt

$542

Avg. Days On Market

81

# of Sold Homes

203

40 Walton Magnolia Ln Unit A-3 vs Walton Beaches

132 DAYS ON ROCKET

+51 Days

$2,135,000

+$1.1M More

$1,671/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $1.1K/SqFt more than other homes in Walton Beaches, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #938994

Listing Office:

  • Office Name: 30A Coastal Life LLC
  • Office Phone: (850) 665-0664
  • Listing Agent: James B Loznicka, Nikki Nickerson

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: 5/9/2024, 9:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,467

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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-9539257
7
/10
  • Bay Elementary School

  • 118 Gilmore Rd

  • 9.73 miles

  • Public District Grades PK-4

school-card-donut-9539258
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30a

  • 16.83 miles

  • Public District Grades PK-4

school-card-donut-9539259
6
/10
  • Freeport Elementary School

  • 15381 Us Hwyy 331 South

  • 18.21 miles

  • Public District Grades PK-4

Middle School

school-card-donut-9539260
6
/10
  • Emerald Coast Middle School

  • 4019 Us Hwy 98e

  • 16.37 miles

  • Public District Grades 5-8

school-card-donut-9539261
6
/10
  • Freeport Middle School

  • 360 Kylea Laird Dr

  • 17.81 miles

  • Public District Grades 5-8

High School

school-card-donut-9539262
8
/10
  • South Walton High School

  • 645 Greenway Trl

  • 13.11 miles

  • Public District Grades 9-12

school-card-donut-9539263
8
/10
  • Freeport Senior High School

  • 12615 Us Hwy 331 South

  • 20.07 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,868. Typical income of Walton Beaches, FL residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Walton Magnolia Ln Unit A-3

What is the listing price of this property?

The listing price of 40 Walton Magnolia Ln Unit A-3 property is $2,135,000.

What type of property is this?

The property 40 Walton Magnolia Ln Unit A-3 is a townhouse located in Inlet Beach, Florida, 32461.

Is this property for sale now?

Active Listing: 40 Walton Magnolia Ln Unit A-3 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 Walton Magnolia Ln Unit A-3 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
South Walton High School: GreatSchools Rating 8/10
Freeport Senior High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 40 Walton Magnolia Ln Unit A-3 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Walton Magnolia Ln Unit A-3 is 1,278 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Walton Magnolia Ln Unit A-3 is 1982.

Rocket HomesFloridaBay CountyWalton Beaches3246140 Walton Magnolia Ln Unit A-3

This home is located at 40 Walton Magnolia Ln Unit A-3 in Inlet Beach, FL and zip code 32461. This 1,278 square foot home, which was built in 1982, sits on a 0.10 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $2,135,000.

Walton Beaches, FL housing market in April 2024 saw over 8 listings sold above listed price, more than 20 sold at listed price and over 175 sold below. In April 2024 in Walton Beaches, FL there were 7.9% more homes for sale than in March 2024. While the average time on the market in April 2024 was 81 days, the median list price was $980,100.

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

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