tomo logo

$449,000

Beds
1
Baths
1.5
sq ft
732

122 Seascape Dr Unit 405, Miramar Beach, FL 32550

122 Seascape Dr Unit 405

Miramar Beach, FL 32550

  • 197 days on market
    • Price drop $6,000↓
Over 40k in gross rental income! Beautiful renovated condo with a coastal theme located in desirable Ariel Dunes located in Seascape resort. Features include, shiplap walls, LVP flooring, granite countertops and surfaces, custom bunk area, and more. This is a turnkey opportunity for the next owner with immediate rental income as unit is almost completely booked through the summer. Seascape is a true resort with a tennis facility, golf course, several community pools, shopping and restaurants, bike rentals and more.

Details

Property type

Condominium

Est. home value

$473,027

Lot size

Unknown

Price per sq ft

$614

Year built

2007

Monthly HOA fee

$616.33

Price History

09/13/2024
EmeraldCoast

EmeraldCoast #948397

Price change
$449,000
-1.32%
06/21/2024
EmeraldCoast

EmeraldCoast #948397

Price change
$455,000
-1.09%
05/13/2024
EmeraldCoast

EmeraldCoast #948397

Price change
$460,000
-1.08%

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

$113,248
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$299,832
Cash to seller
$113,248

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

Seller’s Loan History

Lender

Cogent Bank

Loan start date

June 2021

Original loan amount

$323,910

Est. remaining balance

$299,832

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Christopher Michael King and Victoria Lynn King

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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Price drop
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$479,900
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Condo

122 Seascape Dr Unit 506, Miramar Beach, FL 32550

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EmeraldCoast
$499,900
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112 Seascape Dr Unit 2105, Miramar Beach, FL 32550

Status: Active

Tomo last checked: 11/08/2024 at 10:40 AM

Listing updated: 11/06/2024 at 9:05 AM

Listed by: John J Holahan, John Holahan, John J Holahan, Better Homes and Gardens Real Estate Emerald Coast Phone #: (850) 837-8880

MLS: EmeraldCoast #948397

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