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Walton 32459
32 Enchanted Way
Photo of 32 Enchanted Way
Sold on Jul 17, 2025

32

Map

Photo of 32 Enchanted Way
Photo of 32 Enchanted Way
$302,000
● House - Off Market

32 Enchanted Way

Santa Rosa Beach, FL 32459
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,640 Ft²
$2,193
Est. Monthly
$405
HOA / Fees

About This Property

ADORABLE Single-Family cottage at Enchanted Estates in Santa Rosa Beach- only 3 miles from 30A and ONLY minutes from great golf courses and the most BEAUTIFUL BEACHES!  With a brand-new roof (2024), new HVAC (2023), fresh paint, and updated flooring, this home is move-in ready!  The layout is convenient with the primary bedroom & bathroom as well as an additional half bathroom downstairs, and two additional bedrooms upstairs with a 3rd bathroom!  All appliances remain. Great community amenities which include a pool, and a community room makes this neighborhood even more desirable!  HOA also covers lawn maintenance!
Unit Size
1,640 Ft²
Days on Market
57 days
Land Size
0.11 acres
Price per sqft
$195
Property Type
House
Property Taxes
$216
HOA Dues
$405
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago ( #773774)

Price History

Date / Event Date Event Price
Jul 17, 2025 Sold
Premium
Sold
May 21, 2025 Listed by Goode Realty, LLC $319,900
Listed by Goode Realty, LLC
Apr 12, 2022 Sold
Premium
Sold
Mar 3, 2022 No longer available -
No longer available
Mar 1, 2022 Listed by Goode Realty, LLC $319,900
Listed by Goode Realty, LLC
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,802
  • Total Building Area: 1,640
  • Gross Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENCHANTED ESTATES
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1 ENCHANTED ESTATES S/D PB 14-56 OR 2652-1538 OR 2944-350 OR 2954-4213 OR 3247-3039

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950604

Geography

  • Assessors Map Reference: S2-24-21
  • Parcel: 24-2S-21-42274-000-0010
  • Lot: 1
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3933
  • Longitude: -86.3

    Address

  • Full Address: 32 Enchanted Way
  • Address - House Number: 32
  • Address - Street Name: Enchanted
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H013
  • 4-Digit Zip Code: 7140
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 1,677
  • Tax Year: 2022
  • Tax Amount: $212,955
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 351,110
  • High Value: 438,764
  • Low Value: 263,456

    Market Valuation

  • Market Total Value: $270,431
  • Market Land Value: $39,101
  • Market Improvement Value: $231,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $270,431
  • Assessed Land Value: $39,101
  • Assessed Improvements Value: $231,330

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17257
  • Previous Sale Recording Date: Jul 16, 2014
  • Previous Sale Contract Date: Jun 16, 2014
  • Previous Sale Amount: $140,700
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Walton

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$424

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2290 ft²

Average Home Age

17 years

Currently For Sale

2315 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 32 Enchanted Way built and last sold?
The property at 32 Enchanted Way was built in 2001 and last sold on Mar 28, 2022 for $321,000.
How much is this home worth?
The estimated value of the home located at 32 Enchanted Way is $343,495.
What are some comparable homes to 32 Enchanted Way?
There are currently no comparable homes to 32 Enchanted Way.
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