Attached Single-Family
475-A Suwannee Drive Watersound, FL 32461
For Sale
$555,670
Pending
MULTI_FAMILY - Other - Watersound, FL
Property Size1,448 SF
Days on Market210
Property Features for 475-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
Bedroom 2, Family Room, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1
Window features
Storm Window(s)
Interior features
Kitchen Island, Pantry
Appliances
Auto Garage Door Opn, Dishwasher, Microwave, Refrigerator, Stove/Oven Gas, Warranty Provided, Water Heater - Tnkls
Standard status
Pending
APN
23-3S-18-16160-000-0480
Size
1,448 SF
Taxes and HOA fees
Tax Description
LOT 48 THE VILLAS AT LONGLEAF PARK PB 26-93 OR 3380-2840
Utilities
Sewer type
Public Sewer
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
(850) 213-5170
Listed By:
Builder Services
(850) 213-5170
Added: Dec 31, 2025
Changed: Jul 24
Last Checked: Jul 29 at 6:06AM
MLS# 992527
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.
The Villas at Longleaf Park offers paired, attached single-family homes presented as low-maintenance living. Exterior lawn care and home maintenance—including pressure washing and painting—are fully managed, helping reduce time spent on upkeep. Interiors feature vinyl plank flooring throughout the main living areas and bedrooms, along with 10 ft ceilings, as highlighted by the ANFIELD plan.
This property is located at 475-A Suwannee Drive in Watersound, Florida. The community is associated with Watersound Origins and includes access to amenities referenced in the offering, such as the Origins Golf Course, a resort-style pool at Village Commons, and sports courts.
For buyers seeking an attached single-family configuration with managed exterior maintenance, these villas may fit well as a convenient alternative to traditional stand-alone ownership. The floor finishes and ceiling height noted in the plan support a contemporary, comfortable residential environment, while the community amenities listed provide on-site options for recreation and leisure.
This property is located at 475-A Suwannee Drive in Watersound, Florida. The community is associated with Watersound Origins and includes access to amenities referenced in the offering, such as the Origins Golf Course, a resort-style pool at Village Commons, and sports courts.
For buyers seeking an attached single-family configuration with managed exterior maintenance, these villas may fit well as a convenient alternative to traditional stand-alone ownership. The floor finishes and ceiling height noted in the plan support a contemporary, comfortable residential environment, while the community amenities listed provide on-site options for recreation and leisure.
Key Highlights
- Under construction paired villa in The Villas at Longleaf Park within Watersound Origins (ANFIELD plan), built in 2026
- Kitchen features include a kitchen island and pantry; appliances include dishwasher, microwave, refrigerator, and gas stove/oven
- Interior includes 10 ft ceilings and vinyl plank flooring in main living areas and bedrooms; flooring also includes tile
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 | $34.8k | $24.00 |
| − Vacancy | −$5.6k | −$3.86 |
| EGI | $29.2k | $20.14 |
| − OpEx | −$13.1k | −$9.06 |
| NOI | $16.0k | $11.07 |
1,448 SF · lease $24.00/SF/yr · vacancy 16.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$229.1K
$200.5K – $267.3K
NOI $16,036 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$364.2K
$318.6K – $424.9K
NOI $25,491 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Paired, attached single-family villas with vinyl plank flooring and 10 ft ceilings in a low-maintenance community.
Where is this single family property located?
The property is located at 475-A Suwannee Drive Watersound, FL.
What is the asking price?
The asking price for this property is $555,670.
What are key features of this property?
This property features: Under construction paired villa in The Villas at Longleaf Park within Watersound Origins (ANFIELD plan), built in 2026; Kitchen features include a kitchen island and pantry; appliances include dishwasher, microwave, refrigerator, and gas stove/oven; Interior includes 10 ft ceilings and vinyl plank flooring in main living areas and bedrooms; flooring also includes tile
