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$784,900

Beds
2
Baths
2.0
sq ft
1,208

114 Mainsail Dr Unit 122, Miramar Beach, FL 32550

114 Mainsail Dr Unit 122

Miramar Beach, FL 32550

  • <1 day on market
Experience the very best of coastal living in this breathtaking 2BR/2BA, 1,208 sq ft condo in the stunning Gulf-front Mainsail Resort, where you'll enjoy beautiful, unobstructed views of the Gulf from one of the most sought-after locations in Miramar Beach. Unit 122 is positioned in the closest building to the sand and truly feels like nothing stands between you and the shimmering waters.Inside, the condo has been meticulously maintained and is fully furnished--ready for you to move in or start earning rental income. You'll love the tasteful upgrades throughout, including LVP and tile flooring, smooth ceilings, granite countertops in both the kitchen and bathrooms, and tiled shower. With its spacious layout and thoughtful finishes, this property is as practical as it is beautiful. Mainsail's top-notch amenities elevate your coastal lifestyle: bask in the sun at one of two large pools, with one seasonally heated, or perfect your serve on the tennis and pickleball courts, enjoy the arcade, take advantage of covered parking, and feel secure with 24-hour on-site security. Plus, you'll have 700 feet of private deeded beach access right at your doorstep. Whether you're seeking a relaxing getaway, a smart investment, or a second home along the Emerald Coast, this Gulf-front gem offers the ultimate beachside retreat. Come see for yourself and discover why Mainsail living is truly unbeatable

Details

Property type

Condominium

Est. home value

$799,228

Lot size

Unknown

Price per sq ft

$650

Year built

1983

Monthly HOA fee

$1,164.33

Price History

03/12/2025
EmeraldCoast

EmeraldCoast #970955

Listed
$784,900
+6.93%
02/25/2022
EmeraldCoast

EmeraldCoast #880826

Sold
$734,000

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

$268,291
Asking price
$784,900
Closing costs (~8% of asking)
-$62,792
Est. remaining loan balance
-$453,817
Cash to seller
$268,291

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

February 2022

Original loan amount

$484,000

Est. remaining balance

$453,817

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Michael W Frosaker and Jane O Frosaker

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: 03/12/2025 at 10:15 PM

Listing updated: 03/12/2025 at 4:34 PM

Listed by: Roger L Bradley, Roger L Bradley, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #970955

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