Two-Bedroom Villa Home with
430 A Suwannee Drive Watersound, FL 32461
430 A Suwannee Drive, Watersound, FL, 32461
$553,516
Pending
For Sale
$553,516
Pending
MULTI_FAMILY - Other - Watersound, FL
Property Size1,442 SF
Days on Market65
Property Features for 430 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 3, Family Room, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
- Parking
- 2
- Window features
- Storm Window(s)
- Patio and Porch features
- Porch, Patio
- Interior features
- Kitchen Island, Lighting Recessed, Pantry, Pull Down Stairs, Washer/Dryer Hookup, Woodwork Painted
- Exterior features
- Sprinkler System
- Appliances
- Auto Garage Door Opn, Cooktop, Dishwasher, Microwave, Refrigerator, Security System, Smoke Detector, Stove/Oven Electric, Warranty Provided, Water Heater - Tnkls
- Standard status
- Pending
- APN
- 23-3S-18-16160-000-0180
- Size
- 1,442 SF
Taxes and HOA fees
- Tax Description
- LOT 18 THE VILLAS AT LONGLEAF PARK PB 26-93 OR 3353-2175
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Flooring type
- Vinyl, Tile
- Building materials
- Frame, Siding CmntFbrHrdBrd
- Architectural style
- Other
Listing agency
Watersound Real Estate
(850) 213-5170
Listed by
Builder Services
(850) 213-5170
Added: May 19 Updated: Jul 13 at 11:35AM Checked: Jul 22 at 10:06PM
MLS# 1003454
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.
This for-sale villa plan features an open kitchen and family room with 10-foot ceilings and 8-foot interior doors throughout. The home includes a 1.5-car garage, a walk-in pantry, upgraded soft-close cabinetry, Level 3 quartz countertops, plank flooring, and a ceramic tile backsplash with a built-in GE appliance package and 5-burner gas cooktop. The owner’s suite is positioned toward the rear and includes a large walk-in closet, upgraded tile flooring, and a luxury shower with dual showerheads. A secondary bedroom and an additional powder bath add flexibility for guests or everyday use. Practical exterior details include a covered rear patio with direct access from the main living areas and privacy fencing.
The residence is located in the Villas at Longleaf Park within the Watersound Origins community and sits on a homesite overlooking a retention pond. Lawn maintenance is included, and convenient access is noted to Watersound Town Center, Publix, dining, medical offices, Hwy 98, and community amenities including Village Commons, trails, and the Origins Golf Course. Estimated completion is Oct/Nov 26.
For tenants or buyers seeking a streamlined, low-maintenance villa layout, the plan emphasizes comfortable living space, substantial natural light from large rear windows, and connected indoor-outdoor flow through patio access. The home also includes impact-rated windows, a tankless water heater, and a gas grill rough-in, along with a structurally independent 2-hour fire separation wall between residences.
The residence is located in the Villas at Longleaf Park within the Watersound Origins community and sits on a homesite overlooking a retention pond. Lawn maintenance is included, and convenient access is noted to Watersound Town Center, Publix, dining, medical offices, Hwy 98, and community amenities including Village Commons, trails, and the Origins Golf Course. Estimated completion is Oct/Nov 26.
For tenants or buyers seeking a streamlined, low-maintenance villa layout, the plan emphasizes comfortable living space, substantial natural light from large rear windows, and connected indoor-outdoor flow through patio access. The home also includes impact-rated windows, a tankless water heater, and a gas grill rough-in, along with a structurally independent 2-hour fire separation wall between residences.
Key Highlights
- New construction (Year built 2026) with estimated completion Oct/Nov 2026
- 1,442 SF layout with 2 bedrooms, 2.5 bathrooms, and a 1.5‑car garage
- Open kitchen and family room with 10‑foot ceilings and 8‑foot interior doors
Local 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
NOI $15,970 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.6K
$317.3K – $423.1K
NOI $25,385 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Two-bedroom, 2.5-bath villa plan with covered rear patio, designed for low-maintenance indoor-outdoor living.
Where is this single family property located?
The property is located at 430 A Suwannee Drive Watersound, FL.
What is the asking price?
The asking price for this property is $553,516.
What are key features of this property?
This property features: New construction (Year built 2026) with estimated completion Oct/Nov 2026; 1,442 SF layout with 2 bedrooms, 2.5 bathrooms, and a 1.5‑car garage; Open kitchen and family room with 10‑foot ceilings and 8‑foot interior doors
