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$1,199,000

Beds
4
Baths
3.5
sq ft
2,028

114 Mainsail Dr Unit 137, Miramar Beach, FL 32550

114 Mainsail Dr Unit 137

Miramar Beach, FL 32550

  • Coming soon
Rare find: Impressive income potential with a rental history ACTUAL numbers grossing over $134,000 in 2022 and over $127,000 in 2023. 2024 is on the same track, and bookings coming in already for 2025! Spacious Four-Bedroom Gulf-front condo in Miramar Beach! Welcome to this extraordinary four-bedroom condo located in the Gulf-front community of Mainsail. As one of the few four-bedroom condos available, this property offers a unique blend of comfort and investment potential, making it ideal for homeowners and investors. This residence boasts panoramic Gulf views from three bedrooms and stunning sunset views from the 2 balconies. The building underwent a recent multi-million dollar exterior renovation including exterior window replacements. New flooring was installed in 2019, a new water

Details

Property type

Condominium

Est. home value

$1,144,804

Lot size

Unknown

Price per sq ft

$592

Year built

1983

Monthly HOA fee

$1,842.33

Price History

09/07/2024
EmeraldCoast

EmeraldCoast #956964

Removed
$1,199,000
08/21/2024
EmeraldCoast

EmeraldCoast #956964

Pending
$1,199,000
08/14/2024
EmeraldCoast

EmeraldCoast #956964

Listed
$1,199,000
+93.39%

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

$722,938
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$380,142
Cash to seller
$722,938

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

April 2018

Original loan amount

$431,000

Est. remaining balance

$380,142

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Shawn P Freyaldenhoven and Tara M Freyaldenhoven

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: Coming Soon

Tomo last checked: 10/12/2024 at 7:20 PM

Listing updated: 10/11/2024 at 2:56 PM

Listed by: Ash Caswell, Ash B Caswell, Sandcastle Escapes Realty Phone #: (850) 419-5934

MLS: EmeraldCoast #960952

EmeraldCoast logo

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