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$1,750,000

Beds
5
Baths
4.0
sq ft
2,943

10 Saint Francis Dr S, Miramar Beach, FL 32550

10 Saint Francis Dr S

Miramar Beach, FL 32550

  • 8 days on market
Deeded beach access community with 2 pools. 5-bedroom plus additional bunk room option. Boasting multiple porches for outdoor enjoyment, a stunning interior, and a private pool, this property is not only a beach lover's delight but also a savvy investor's dream. Additionally, it's surrounded by some of the area's most-loved restaurants, offering a delectable culinary experience for residents and vacationers alike. This turnkey investment property allows you to seamlessly step into ownership, immediately reaping the rewards of its income-producing potential. The remodeled interior boasts 5 spacious bedrooms, each thoughtfully designed for both comfort and style. It also includes an additional flex space that can be a home office or bunk room. Open living areas create a welcoming atmosphere for gatherings and relaxation. The heart of this home is its bright, airy kitchen, featuring dining space for 10. It's a chef's haven, perfect for preparing meals for family and friends. Enjoy the coastal lifestyle with the perfect setting for outdoor enjoyment. Whether you're sipping your morning coffee or watching the sunset from the top deck, these outdoor spaces enhance the overall charm of this property. The private pool area is a secluded haven for relaxation and entertainment; an outdoor oasis for large groups. Dive into the refreshing cool waters or grill dinner on the deck. And 2 community pools nearby! And steps to the gated beach access nearby. Schedule a showing today and secure your stake in the thriving beach real estate market. Online Rental Information: https://book.hostfully.com/boutiq/property-details/f7465211-e36a-4f7f-84c0-263255a150f0/professionally-furnished-luxury-5br-at-miramar-beach-w--pool-%26-chef%27s-kitchen---experience-30a-fun-x-coastal-elegance-%7C-the-emerald-palm-by-boutiq-?

Details

Property type

Single Family Residence

Est. home value

$1,705,439

Lot size

Unknown

Price per sq ft

$595

Year built

2003

Monthly HOA fee

$176.67

Price History

12/16/2024
EmeraldCoast

EmeraldCoast #964827

Listed
$1,750,000
12/13/2024
EmeraldCoast

EmeraldCoast #949793

Removed
$1,750,000
08/29/2024
EmeraldCoast

EmeraldCoast #949793

Price change
$1,750,000
-2.78%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$346,341
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$1,263,659
Cash to seller
$346,341

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$1,321,530

Est. remaining balance

$1,263,659

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Cabe Chadick

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/24/2024 at 2:30 PM

Listing updated: 12/16/2024 at 4:54 PM

Listed by: Abbott Martin Group, EXP Realty LLC Phone #: (850) 460-2900

MLS: EmeraldCoast #964827

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