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$1,195,000

Beds
3
Baths
3.0
sq ft
1,513

1150 Santa Rosa Blvd Unit 113, Fort Walton Beach, FL 32548

1150 Santa Rosa Blvd Unit 113

Fort Walton Beach, FL 32548

  • 446 days on market
$114K+ of Gross Rent for 2023! Currently at $111K for 2024 with more booking weeks remaining. Amazing investment or beach home with DIRECT WALK-UP ACCESS TO THE BEACH! This stylishly decorated, fully furnished condo is centrally located on the Gulf side of the beautiful AZURE Condominium resort. Prime location on the ground floor with easy access to the pool area and the sugar-sand beaches just beyond make this unit one of the most desirable rentals in the complex. Quick and convenient access to the covered parking garage and no need for stairs or elevators. A rare find perfect for a second home, primary residence or a lucrative investment property. The unit features tile throughout (no carpet). HVAC system replaced in Dec 2023. Water heater and dishwasher replaced in Dec. 2021. The condo is a phenomenal vacation rental with consistently high gross rental numbers year over year. The unit features tile throughout (no carpet). 9 Ft ceilings throughout and an open floor plan create a spacious, inviting atmosphere. Two King bedrooms and a third spacious bedroom with a Queen and Twin, as well as a Queen-sized sleeper sofa in the living room. Huge master bathroom with separate shower and garden tub. Higher occupancy capacity than higher floor units. Per the Azure condominium regulations and fire code restrictions ground floor units are allowed to sleep more occupants than similar units on higher floors. Unit 113 is allowed 10 occupants. The Azure complex features two pools (one seasonally heated), two large hot tubs, covered parking garage and code gate access, lush tropical landscaping, newly updated beach walkway, fully equipped exercise room and outdoor grills available to owners and guests. Buyer to verify all information.

Details

Property type

Condominium

Est. home value

$1,146,345

Lot size

Unknown

Price per sq ft

$790

Year built

2005

Monthly HOA fee

$949

Price History

04/02/2024
EmeraldCoast

EmeraldCoast #933876

Listed
$1,195,000
04/01/2024
EmeraldCoast

EmeraldCoast #933876

Removed
$1,195,000
10/05/2023
EmeraldCoast

EmeraldCoast #933876

Listed
$1,195,000
+128.71%

Schools & Community

Elementary school: 

Elliott Point

Middle school: 

Bruner

High school: 

Fort Walton Beach

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

$780,186
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$319,214
Cash to seller
$780,186

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

February 2016

Original loan amount

$390,000

Est. remaining balance

$319,214

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Daniel Joseph Ellinger and Velitchka Filipova Ellinger

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: 12/24/2024 at 8:25 PM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Villy Filipova-Ellinger, Villy Filipova-Ellinger, Villy Filipova-Ellinger, World Impact Real Estate Phone #: (850) 225-7000

MLS: EmeraldCoast #933876

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