3 months on rocket

261 W Royal Palm Ave, Defuniak Springs, FL, 32433

$175,000

Home List Price

$2,078*

Closing Credit

1 Bedroom
1 Full Bath
600 SqFt
$292/SqFt
House

Location

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261 W Royal Palm Ave, Defuniak Springs$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2023
HeatingCentral
MLS #956610
Lot Size0.23 Acres
StatusActive

About 261 W Royal Palm Ave

Built in 2023, this 1 bedroom, 1 bathroom, 600 sq ft home, with detached laundry-room-shed, produces $1,000/month in rental income and has a tenant in place until 2/27/2025. The parcel is just under a quarter-acre and the seller has new survey available. The existing home features floor-to-ceiling spray foam, for energy efficiency. 3/4 treated plywood under all flooring. Oil painted plywood behind sheetrock in the kitchen and bathroom walls for increased durability and water protection. The detached laundry room was designed to eliminate any risk of potential water damage to the main house. This property is part of a real estate portfolio. Properties in the portfolio can be purchased separately, with some, or all of the other properties in the portfolio; seller negotiable on price if multiple/all properties in the portfolio are sold to the same buyer. Schedule your private showing today! All info in the MLS is intended to be accurate, but cannot be guaranteed. Buyer and buyers agent to perform their own due diligence. MLS #s for the other properties in the portfolio that are listed for sale: 956801, 956805, 956612.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida Cottage
  • Year Built: 2023
  • Stories: 1
  • Living Area: 600 SqFt

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Email: flbrokers@lptrealty.com
  • Listing Agent: Adam R Begin

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Ice Maker, Electric Oven

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced Lot-All, Porch Open

Lot Features

Lot Information:

  • Lot: Cleared, Level, Survey Available, See Remarks
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: From the Hwy 90 and 285 intersection, head E on 90 for approx. 3.7 miles. Left on Cottonwood Blvd, Right on W Royal Palm, property on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $292/SqFt
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Housing Market Comparison

See how this home compares to others in Defuniak Springs, FL.

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Defuniak Springs, FL

City

Med. Sold Price

$260K

Med. Price/SqFt

$178

Avg. Days On Market

64

# of Sold Homes

10

261 W Royal Palm Ave vs Defuniak Springs

101 DAYS ON ROCKET

+37 Days

$175,000

-$85K Less

$292/SqFt

+$114 More

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $114/SqFt more than other homes in Defuniak Springs, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #956610

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Email: flbrokers@lptrealty.com
  • Listing Agent: Adam R Begin

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: 11/18/2024, 10:20:55 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

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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NMLS#3030

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.

Nearby Schools

school-card-donut-913147
7
/10

  • Mossy Head Elementary School

  • 13270 US Highway 90 W

  • 4.71 miles

  • Public District Grades PK-5

school-card-donut-913148
7
/10

  • West Defuniak Elementary School

  • 815 Lincoln Ave

  • 7.01 miles

  • Public District Grades KG-5

school-card-donut-913149
5
/10

  • Maude Saunders Elementary School

  • 416 John Baldwin Rd

  • 7.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,338. Residents of Defuniak Springs, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 261 W Royal Palm Ave

What is the listing price of this property?

The listing price of 261 W Royal Palm Ave property is $175,000.

What type of property is this?

The property 261 W Royal Palm Ave is a house located in Defuniak Springs, Florida, 32433.

Is this property for sale now?

Active Listing: 261 W Royal Palm Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 261 W Royal Palm Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 261 W Royal Palm Ave is 600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 261 W Royal Palm Ave is 2023.

Rocket Homes›Florida›Walton County›Defuniak Springs›32433›261 W Royal Palm Ave

This home is located at 261 W Royal Palm Ave in Defuniak Springs, FL and zip code 32433. This 600 square foot home, which was built in 2023, sits on a 0.23 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $175,000.

Defuniak Springs, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 8 sold below. The number of listings in Defuniak Springs, FL decreased by 2.8% between September 2024 and October 2024. Listings spent 64 days on the market in October 2024, and had a median list price of $260,000 during the same period.

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

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