228 Walton Magnolia Ln Unit 3, Inlet Beach, FL, 32461

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228 Walton Magnolia Ln Unit 3, Walton Beaches$899,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeTownhouse

ParkingCarport

Year Built1984

CoolingCentral Air

MLS #941366

Lot Size0.02 Acres

StatusActive

About 228 Walton Magnolia Ln Unit 3

Welcome to 228 Walton Magnolia Ln 3 - a cozy townhome exuding timeless charm, fulfilling any investors dream. Nestled in the heart of Inlet Beach, this gem re-enters the market after meticulous repairs, including new decks, fresh paint, and more. Situated near the prestigious communities of Rosemary Beach and Lupin Beach, with Camp Hellen State Park and the Gulf of Mexico in eyes sight and 30Avenues dining and shopping a mere 5-minute drive away, it is no wonder this piece of paradise is such a highly sought after vacation rental. With over $65K in rental revenue in 2021 and $60K in 2022, and a neighboring unit earning almost $86K, nows your chance to secure a position just one tier back from the Gulf on 30A for under $1M. Schedule a showing today!

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Property Details

Property Features

Property Information:

• Architectural Style: Townhome
• Year Built: 1984
• Stories: 2
• Living Area: 1,080 SqFt

Listing Office:

• Office Name: Engel & Volkers 30A Beaches
• Office Email: libby.metz@evrealestate.com
• Listing Agent: Blankenship Group

Interior Features

Interior Information:

• Appliances: Microwave
• Interior: Breakfast Bar, Washer/Dryer Hookups

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

• Private Pool: No
• Exterior: Balcony, Shower

Parking Information:

• Attached Garage: No
• Parking: Carport

Lot Features

Lot Information:

• Lot: Within 1/2 Mile to Water
• Lot Size: 0.02 Acres

Utilities

Utilities Information:

• Cooling: Central Air

Other

Directions Information:

• Directions: Traveling East on HWY 98 from 30A, take right onto S Walton Lakeshore Drive. Traveling South, turn left onto Walton Magnolia Ln. Shoreline 9 Townhomes will be on the right at the end of the road.

Price Information

Listing Price Info

Price Summary:

• List Price: $899,000
• Price Per SqFt: $832/SqFt

HOA Fees:

• Amount: $1200
• Frequency: Annually

Tax Information:

• Annual Amount: $3,540
• Tax Year: 2020

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Housing Market Comparison

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

Walton Beaches, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$535

Avg. Days On Market

128

# of Sold Homes

116

228 Walton Magnolia Ln Unit 3 vs Walton Beaches

293 DAYS ON ROCKET

+165 Days

$899,000

-$126.2K Less

$832/SqFt

+$296 More

KEY TAKEAWAY

This property is $126.2K less than the Median Sold Price and $296/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: #941366

Listing Office:

• Office Name: Engel & Volkers 30A Beaches
• Office Email: libby.metz@evrealestate.com
• Listing Agent: Blankenship Group

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: 11/21/2024, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,540	$378,000
2019	$3,112	$300,433
2017	$2,496	$255,150

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Walton Beaches›32461›228 Walton Magnolia Ln Unit 3

This home is located at 228 Walton Magnolia Ln Unit 3 in Inlet Beach, FL and zip code 32461. This 1,080 square foot home, which was built in 1984, sits on a 0.02 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $899,000.

While more than 3 listings in Walton Beaches, FL in October 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 96 were sold below. The inventory of homes for sale in Walton Beaches, FL between September 2024 and October 2024 increased by 5.2%. Listings spent 128 days on the market in October 2024, and had a median list price of $1,025,256 during the same period.

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