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339-A Suwannee Drive, Watersound, FL, 32461
Paired Patio Villa

339-A Suwannee Drive Watersound, FL 32461

For Sale
$558,995
Pending

MULTI_FAMILY - Other - Watersound, FL

Property Size1,442 SF
Days on Market125

Property Features for 339-A Suwannee Drive

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning Resid Single Family
Bedrooms 2
Bathrooms 3
Rooms Bathroom 1, Family Room, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2
Window features Storm Window(s)
Patio and Porch features Patio
Interior features Kitchen Island, Pantry, Pull Down Stairs, Washer/Dryer Hookup, Woodwork Painted
Exterior features Sprinkler System
Appliances Auto Garage Door Opn, Dishwasher, Microwave, Range Hood, Refrigerator, Security System, Stove/Oven Electric, Warranty Provided, Water Heater - Tnkls
Standard status Pending
APN 23-3S-18-16160-000-0700
Size 1,442 SF

Taxes and HOA fees

Tax Description LOT 70 THE VILLAS AT LONGLEAF PARK PB 26-93 OR 3345-245

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 2026
Floors in Building 1
Flooring type Tile, Vinyl
Building materials Frame, Siding CmntFbrHrdBrd
Architectural style Other
Listing Agency: Watersound Real Estate
Listed By: Builder Services
Added: Mar 27 Changed: Jul 24 Last Checked: Jul 29 at 7:06AM
MLS# 999145

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Anfield by Fischer Homes paired patio villa designed for single-level living. The plan includes 2 bedrooms and 2.5 baths with a spacious kitchen, dining, and family room that opens to a covered rear patio. The kitchen features quartz countertops, full overlay painted cabinetry with a contrasting island, pot and pan drawers, sliding trays, and a built-in appliance package with a wall oven, microwave, 5-burner cooktop, canopy hood, and refrigerator. The primary suite is positioned at the rear of the home and offers a large walk-in closet and a luxury bath with a tiled shower, built-in bench, dual shower heads, and a frameless glass enclosure. Flooring includes plank throughout with no carpet, and tile in the owner’s bath. Additional interior details include 10-foot ceilings, 8-foot interior doors, craftsman-style trim, and a tankless water heater, along with an oversized one-car garage with attic storage and pull-down stairs.

The home is estimated for completion August/September 2026 and is set on a homesite with a wooded view. Each residence uses a structurally independent design separated by a 2-hour fire-rated wall assembly. Owners have access to Watersound Origins amenities, including the Origins Golf Course, resort-style pool, and sports courts, among others.

Key Highlights

  • Under construction 2‑bedroom, 2.5‑bath paired patio villa with single‑level living and 1,442 SF
  • Covered rear patio with easy indoor‑outdoor flow from the dining and family room
  • Kitchen includes quartz countertops, painted cabinetry with contrasting island, pantry, and built‑in appliance package with wall oven, microwave, 5‑burner cooktop, and refrigerator

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $34.6k $24.00
− Vacancy −$5.6k −$3.86
EGI $29.0k $20.14
− OpEx −$13.1k −$9.06
NOI $16.0k $11.07
1,442 SF · lease $24.00/SF/yr · vacancy 16.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$228.1K
$199.6K – $266.2K (±1% cap)
NOI $15,970 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.6K
$317.3K – $423.1K (±1% cap)
NOI $25,385 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Single family properties

Frequently Asked Questions

What type of property is this?
Single family property - Single-level paired patio villa with 2 bedrooms, 2.5 baths, a covered rear patio, and an oversized one-car garage.
Where is this single family property located?
The property is located at 339-A Suwannee Drive Watersound, FL.
What is the asking price?
The asking price for this property is $558,995.
What are key features of this property?
This property features: Under construction 2‑bedroom, 2.5‑bath paired patio villa with single‑level living and 1,442 SF; Covered rear patio with easy indoor‑outdoor flow from the dining and family room; Kitchen includes quartz countertops, painted cabinetry with contrasting island, pantry, and built‑in appliance package with wall oven, microwave, 5‑burner cooktop, and refrigerator
More about this property
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