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$399,900

Beds
3
Baths
2.5
sq ft
1,761

116 Merle Cir, Fort Walton Beach, FL 32547

116 Merle Cir

Fort Walton Beach, FL 32547

  • 12 days on market
Previously remodeled 3 bed, 2.5 bath home with no HOA. New insulation, sheetrock, HVAC, ductwork, roof & copper wiring were all done in 2021 and a new, tankless hot water heater in 2024. LVP flooring through most of the home with carpet in the bedrooms. Open kitchen with shaker white cabinets and stainless appliances. Fully fenced, private backyard is large enough to add a pool in the future. Centrally located in Fort Walton Beach, with easy access to beaches, restaurants and shopping.

Details

Property type

Single Family Residence

Est. home value

$350,957

Lot size

0.34 acres

Price per sq ft

$228

Year built

1955

Price History

02/11/2025
EmeraldCoast

EmeraldCoast #968315

Listed
$399,900
+19.41%
12/02/2021
EmeraldCoast

EmeraldCoast #880390

Sold
$334,900
+77.2%
04/08/2021
EmeraldCoast

EmeraldCoast #865967

Sold
$189,000

Schools & Community

Elementary school: 

Wright

Middle school: 

Pryor

High school: 

Choctawhatchee

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

$48,530
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$319,378
Cash to seller
$48,530

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

December 2021

Original loan amount

$342,602

Est. remaining balance

$319,378

Interest rate

3.05%

Loan type

VA, 30 year

Seller

Sheridan Lynn Jones

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?

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30 Bishop Ave NW, Fort Walton Beach, FL 32548

Status: Active

Tomo last checked: 02/23/2025 at 7:15 PM

Listing updated: 02/11/2025 at 2:29 PM

Listed by: Justin Myers, Justin Myers, Justin Myers, Justin B Myers, Justin B Myers, EXP Realty LLC Phone #: (850) 460-2900

MLS: EmeraldCoast #968315

EmeraldCoast logo

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