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$775,000

Beds
3
Baths
2.0
sq ft
1,908

116 Leeward Dr, Miramar Beach, FL 32550

116 Leeward Dr

Miramar Beach, FL 32550

  • 2 days on market
Stunning Beach Home in Miramar Beach with Investment Potential. FULLY FURNISHED AND RENTAL READY! 100K IN POTENTIAL INCOME! WOW! Discover the perfect blend of luxury and comfort in this beautifully updated brick home, ideally located in the charming Seaspray neighborhood. This property offers DEEDED BEACH access and is situated in a community that allows short-term rentals, making it an excellent investment opportunity. This spacious three-bedroom, two-bath home features a bright open floor plan, a kitchen with granite countertops, stainless steel appliances, and a pantry. Enjoy a Florida room with an outdoor bar leading to a private backyard .With its prime location, fully furnished interiors, and amenities like a community pool, Don't miss out on the ultimate coastal lifestyle!

Details

Property type

Single Family Residence

Est. home value

$714,373

Lot size

6,970 sq ft

Price per sq ft

$407

Year built

2000

Monthly HOA fee

$71.67

Price History

10/10/2024
EmeraldCoast

EmeraldCoast #960802

Price change
$775,000
+0.65%
10/10/2024
EmeraldCoast

EmeraldCoast #960802

Listed
$770,000
+15.79%
11/04/2022
EmeraldCoast

EmeraldCoast #902603

Sold
$665,000

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

$128,932
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$584,068
Cash to seller
$128,932

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

November 2022

Original loan amount

$598,500

Est. remaining balance

$584,068

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Pourya Panah Bakhtiyar

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: 10/12/2024 at 9:20 PM

Listing updated: 10/11/2024 at 1:41 PM

Listed by: Jacklyn M Riley, Jacklyn M Riley, Jacklyn M Riley, Douglas Elliman Phone #: (561) 655-8600

MLS: EmeraldCoast #960802

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