tomo logo

$590,000

Beds
2
Baths
2.5
sq ft
1,296

11 Driftwood Rd Unit 2, Miramar Beach, FL 32550

11 Driftwood Rd Unit 2

Miramar Beach, FL 32550

  • <1 day on market
This home would make the perfect home, 2nd home or investment property. This home has rental projections averaging 51-59K annually, Projections in the documents. This cozy beachside townhome with stunning gulf views from both balconies located at Costa Vista just 100 yards from the beach! This 2 bed, 2.5 bath home comes completely furnished. Living room , half bath, laundry are on the 2nd floor plus Kitchen which features: granite countertops, stainless steel appliances. Both bedrooms are on the third floor custom tile in the baths. Covered parking for 2+ cars with outside storage unit. Convenient to shopping, golf, restaurants, and water activities

Details

Property type

Townhouse

Est. home value

$613,941

Lot size

Unknown

Price per sq ft

$456

Year built

1985

Monthly HOA fee

$369.33

Price History

11/08/2024
EmeraldCoast

EmeraldCoast #962675

Listed
$590,000
+9.26%
01/24/2022
EmeraldCoast

EmeraldCoast #887475

Sold
$540,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

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

$107,171
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$435,629
Cash to seller
$107,171

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

Seller’s Loan History

Lender

Republic State Mortgage Co

Loan start date

January 2022

Original loan amount

$486,001

Est. remaining balance

$435,629

Interest rate

3.1%

Loan type

New Conventional, 20 year

Seller

Bryan O Leary and Amy O Leary

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?

Status: Active

Tomo last checked: 11/08/2024 at 12:40 PM

Listing updated: 11/08/2024 at 10:12 AM

Listed by: Nicole H Rattler, Nicole H Rattler, LPT Realty LLC Phone #: (877) 366-2213

MLS: EmeraldCoast #962675

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