$990,000
●
Condo -
Off Market
121 Central Square #B2
Santa Rosa Beach, FL 32459
1 Bed
2 Baths,
1
Half Bath
747 Ft²
$6,579
Est. Monthly
$1,161
HOA / Fees
0.09%
Cap Rate
About This Property
Located in Dreamland Heights atop the award-wining Holl building
designed by Steven Holl. This beautiful suite captures incredible
views of the Gulf of Mexico, downtown Seaside and lively events in
the amphitheater. With two stories of living, the marbled entry
foyer is flanked by a half bath and master suite with full bath.
Custom-built spiral stairs take you up to the living, dining, and
kitchen areas topped with a barrel-vaulted ceiling. Step out to the
private balcony and enjoy SEASIDE living from your front row seat.
Interior updates include kitchen, baths, custom cabinets, flooring,
and HVAC. The spacious courtyard is reserved for use by you and
only seven other neighbors. Easy access from ground level to
terrace via elevator or one of 2 sets of stairs.
Unit Size
747 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,339
Property Type
Condo
Property Taxes
$508
HOA Dues
$1,161
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (ECAR MLS #963933)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | Listed by The Premier Property Group Seacrest Office | $1,425,000 | |
| Listed by The Premier Property Group Seacrest Office | |||
| | |||
|
Entered for Comp Purposes. May 2026
Located in Dreamland Heights atop the award-wining Holl building designed by Steven Holl. This beautiful suite captures incredible views of the Gulf of Mexico, downtown Seaside and lively events in the amphitheater. With two stories of living, the marbled entry foyer is flanked by a half bath and master suite with full bath. Custom-built spiral stairs take you up to the living, dining, and kitchen areas topped with a barrel-vaulted ceiling. Step out to the private balcony and enjoy SEASIDE living from your front row seat. Interior updates include kitchen, baths, custom cabinets, flooring, and HVAC. The spacious courtyard is reserved for use by you and only seven other neighbors. Easy access from ground level to terrace via elevator or one of 2 sets of stairs.
| |||
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 1, 2024 | Listed by Seaside Community Realty Inc | $1,000,000 | |
| Listed by Seaside Community Realty Inc | |||
| Jun 25, 2014 | Sold | ||
| Sold | |||
Show More
Property Highlights
Elevator
Air Conditioning
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: Ceiling Vaulted, Furnished - Some, Kitchen Island, Lighting Track, Window Treatment All, Woodwork Painted
Appliances: Dishwasher, Disposal, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
Rooms: 7
Exterior Details
Property Condition: Construction Complete
Year Built: 1989
Construction Materials: Concrete, Block, Frame, Roof Metal, Slab, Stucco
Pool Features: Pool Type
Financial Details
Tax Year: 2024
Tax Annual Amount: $6,096
Utilities Details
Cooling Type: Central Air
Heating Type: Geothermal, Central
Utilities: Electric, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground
Location Details
Association Fee Includes: Insurance, Internet Service, Sewer, Water, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $1,161
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/01/2026
|
1 Bed
|
2 Bath
|
728 ft²
|
$1,425,000
1 Bed
2 Bath
728 ft²
|
$1,425,000
05/01/2026
|
The Johnson Group
Lifes A Beach Real Estate, LLC
| |
|
12/01/2024
|
1 Bed
|
2 Bath
|
747 ft²
|
$1,000,000
1 Bed
2 Bath
747 ft²
|
$990,000
-1.00%
01/15/2025
|
Jacqueline Barker
Seaside Community Realty Inc
| |
|
06/19/2019
|
1 Bed
|
2 Bath
|
728 ft²
|
$750,000
1 Bed
2 Bath
728 ft²
|
-
-
|
-
| |
|
05/11/2018
|
1 Bed
|
2 Bath
|
728 ft²
|
$699,000
1 Bed
2 Bath
728 ft²
|
$685,000
-2.00%
01/18/2019
|
Tami Moats
Berkshire Hathaway HomeServices Beach Properties of Florida
| |
|
04/06/2014
|
1 Bed
|
1 Bath
|
507 ft²
|
$450,000
1 Bed
1 Bath
507 ft²
|
$400,000
-11.11%
04/13/2015
|
Jacqueline Barker
Seaside Community Realty Inc
| |
|
03/10/2014
|
1 Bed
|
2 Bath
|
813 ft²
|
$650,000
1 Bed
2 Bath
813 ft²
|
$625,000
-3.85%
06/25/2014
|
Donna Spiers
Seaside Community Realty Inc
|
Building Info
About Walton
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Listed by: Jacqueline J Barker, Seaside Community Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 963933
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 963933
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