tomo logo

$595,000

Beds
3
Baths
3.0
sq ft
1,235

111 S Driftwood Bay Unit 224, Miramar Beach, FL 32550

111 S Driftwood Bay Unit 224

Miramar Beach, FL 32550

  • 169 days on market
Terrific 3BR/3BA lakeview beach condo in the best location available in Seascape Resort. 25 steps to heated pool (one of five available), and about 75 to beach access. Large, open design with expansive views of lake and golf course from living area and MBR. All three bedrooms have attached full baths. Currently set up to sleep 7 comfortably (K,Q,Q,T). Kitchen has stainless appliances, granite countertops, and breakfast bar. Condo was renovated in '21/'22, including a new HVAC system. LVP flooring throughout. Exterior of building completely rebuilt by HOA in 2024, with new hurricane rated windows, doors, decks, and 50-year Hardie-Plank siding, complying with new Florida structural standards.

Details

Property type

Condominium

Est. home value

$613,693

Lot size

Unknown

Price per sq ft

$482

Year built

1984

Monthly HOA fee

$1,023.67

Price History

04/02/2025
EmeraldCoast

EmeraldCoast #961408

Listed
$595,000
01/04/2025
EmeraldCoast

EmeraldCoast #961408

Removed
$595,000
10/16/2024
EmeraldCoast

EmeraldCoast #961408

Listed
$595,000
+87.7%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Pool, Tennis Court(s)

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

$331,569
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$215,831
Cash to seller
$331,569

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

Seller’s Loan History

Lender

Compass Bank

Loan start date

November 2017

Original loan amount

$253,600

Est. remaining balance

$215,831

Interest rate

3.91%

Loan type

New Conventional, 30 year

Seller

Bruce G Diernger and Roberta M Diernger

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: 04/03/2025 at 10:20 PM

Listing updated: 04/02/2025 at 6:56 PM

Listed by: Stephen R Ziemak, Destiny Beach Properties Llc Phone #: (850) 687-6696

MLS: EmeraldCoast #961408

EmeraldCoast logo

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