326 Brooks St SE Fort Walton Beach, FL 32548
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About this home
Resort-Style Living on the Intercoastal SoundThis remarkable 6,287 sq ft, 5-bedroom, 6.5-bath estate offers the ultimate lifestyle with 123 feet of deep-water frontage in the sought after Elliott Point neighborhood.Brand-new 2025 solar panel system with energy savings at just $0.13 per kWh with a professionally maintained solar and battery system. designed to significantly reduce monthly energy costs while providing reliable backup power during outages. The existing solar agreement (TPO) is fully transferable to the new owner, offering continued energy sustainability, and long-term value and efficiency.From the moment you step through the double doors, Soaring beamed ceilings and a sweeping wrought-iron staircase set the stage for timeless elegance. The expansive Great Room features large impact-resistant windows, flooding the space with natural light and showcasing panoramic views of the intercoastal waters. The chef's kitchen is designed to impress, complete with custom cabinetry, professional-grade Thermador appliances, dual gas ranges, three ovens, a warming drawer, two dishwashers, an ice maker, and 2 beverage coolers perfect for both grand entertaining and day-to-day convenience. Just beyond, oversized waterfront decks extend the living space outdoors, offering the perfect backdrop for dining, relaxing, or taking in the panoramic sound views. The main-level primary suite is a private sanctuary with breathtaking waterfront views. This expansive retreat features a spa-inspired bath with a large air jet tub, oversized steam shower, and exquisite finishes. His and her dual vanities and two extraordinary walk-in closets, each designed on a grand scale, provide unmatched space and relaxation leading to the large, oversized back porch. Three of the home's bedrooms are positioned directly on the Intercoastal Sound, each designed as a private master suite with extraordinary water views with the main master being on the main all capturing the stunning waterfront backdrop. A spacious media room also overlooks the Intracoastal Sound, creating the perfect setting for entertainment with a view. Outdoors, the property is a true retreat with a refinished pool and spa [with new heater in 2024 and 2 new pumps], multiple lounging areas, and a beautifully updated dock. The reinforced pilings, new electrical, and 16,000 lb. boat lift make it ideal for boating enthusiasts. The dock is outfitted with two wave runner lifts perfect for enjoying a full day on the water. Beneath the home, you'll find a versatile lower level featuring a spacious garage, large workshop, and full pool bath. Extra storage space is perfect for water toys, tools, and hobbies, while offering effortless access for poolside entertaining. An extra-large motorhome/RV pad with full hookups (water, power, and sewer drain) provides convenient accommodations for large RVs, motorcoaches, or guest vehiclesan exceptional addition for travelers and guests. Recent upgrades ensure peace of mind and efficiency, including a new roof (2024), 4 complete HVAC replacements [inside and out with UV lights and Dehumidifier] (2021), and a 39-panel solar system with battery backup (2025) under a transferable fixed-rate contract. Additional features include 4 Blink digital security cameras and an irrigation system with a new pump perfect for both grand entertaining and day-to-day convenience. Just beyond, oversized waterfront decks extend the living space outdoors, offering the perfect backdrop for dining, relaxing, or taking in the panoramic sound views. The main-level primary suite is a private sanctuary with breathtaking waterfront views. This expansive retreat features a spa-inspired bath with a large air jet tub, oversized steam shower, and exquisite finishes. His and her dual vanities and two extraordinary walk-in closets, each designed on a grand scale, provide unmatched space and relaxation leading to the large oversized back porch. Three of the home's bedrooms are positioned directly on the Intercoastal Sound, each designed as a private master suite with extraordinary water views with the main master being on the main all capturing the stunning waterfront backdrop. A spacious media room also overlooks the Intracoastal Sound, creating the perfect setting for entertainment with a view. Outdoors, the property is a true retreat with a refinished pool and spa, multiple lounging areas, and a beautifully updated dock. The reinforced pilings, new electrical, and 16,000 lb. boat lift make it ideal for boating enthusiasts. Beneath the home, you'll find a versatile lower level that includes a separate garage, a spacious workshop, and a full pool bath perfect for storing water toys, pursuing hobbies, or enjoying effortless access while entertaining by the pool. Recent upgrades ensure peace of mind and efficiency, including a new roof (2024), 4 complete HVAC replacement (2021), and a 39-panel solar system with battery backup (2025) under a transferable fixed-rate contract. Additional features include 4 Blink digital security cameras and an irrigation system with a new pump. With its rare combination of size, luxury, and thoughtful updates, this estate offers the perfect balance of elegance, comfort, and functionality this home is truly a private resort on the water!
Source: EMERALDCOAST #985833
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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