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About This Home

This 3-bedroom, 1-bathroom single family at 12 Magnolia Drive in Mary Esther, FL is listed for $200,000 ($172 per sqft). Built in 1957, the home offers 1,165 sqft of living space on a 0.24 acres lot.

Agent Description

Investor Special - Tenant in Place - Assignment Opportunity!. Solid opportunity in Mary Esther! This 3-bedroom, 1-bath home offers approximately 1,165 square feet and is in livable, original condition, making it a great candidate for a light renovation or rental hold.

Major systems have already been addressed; Roof replaced in 2018 and HVAC updated in 2022. This home is being offered AS IS and presents strong upside potential with cosmetic updates. Ideal for investors looking for a fix-and-flip, buy-and-hold, or portfolio addition in a steadily growing area. Property is offered for assignment of contract. Don't miss this value-add opportunity!

Key Features

  • Built in 1957
  • 0.24 acre lot

Property Details

1 story
1 full
1957

Amenities

A/C

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

12 Magnolia Drive

Mary Esther, FL 32569

ROSEWOOD HOMES

Property Details

Flooring

Tile

Construction

Brick

Parking

Carport

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 12 Magnolia Drive is listed at $200,000 ($172/sqft). The estimated monthly payment is $867 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.24 acre lot.

This property is listed by Cliff Glansen and can be reached at 9549653990 or info@flatfee.com.

CG

Cliff Glansen

Agent at Flatfee.Com

(954) 965-3990

Listed by Flatfee.Com · View on Broker Site

MLS# 1002847· Source: listhub· Updated 20 days ago

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.

12 Magnolia Drive, Mary Esther, FL 32569

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