tomo logo

$743,987Estimated home value

Beds
3
Baths
3.0
sq ft
1,546

122 Stewart Lake Cv Unit 278, Miramar Beach, FL 32550

122 Stewart Lake Cv Unit 278

Miramar Beach, FL 32550

  • Sold On 11/18/2022
An 'OUTSTANDING' Investment Opportunity from this 3 Bedroom Waterfront Condo with Lake and Gulf Views from two large private screened balconies! Beach Access and pool are just steps away. Overall income for the property last year was $95,000. The kitchen and family room are downstairs and lead out to the oversized deck. The upper-level floor has a Spacious Master Suite with beautiful views of Stewart Lake and distant views of the Gulf. Very easy access to the ever popular 'Whales Tail' to spend a day having 'Family Fun in the Sun' with the White Sandy Beach and Emerald Green Waters of the Gulf. Also...relax and enjoy the largest pool at the resort which is located within a one-minute walk. Beautiful Sunsets await...so come see it today, make it yours, and love it forever!

Details

Property type

Condominium

Est. home value

$743,987

Lot size

Unknown

Price per sq ft

$486

Year built

1985

Monthly HOA fee

$958.33

Price History

03/03/2025
EmeraldCoast

EmeraldCoast #961247

Removed
$774,500
01/30/2025
EmeraldCoast

EmeraldCoast #961247

Price change
$774,500
-0.64%
01/13/2025
EmeraldCoast

EmeraldCoast #961247

Price change
$779,500
-1.89%

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

$149,581
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$540,419
Cash to seller
$149,581

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

Seller’s Loan History

Lender

First State Bank

Loan start date

November 2022

Original loan amount

$555,000

Est. remaining balance

$540,419

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Thomas G West and Glorianne K West

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?

Similar Homes Nearby

Price drop
EmeraldCoast
$870,000
3 bd
|
3 ba
|
1,617 sq ft
|
Condo

1096 Scenic Gulf Dr Unit 1012, Miramar Beach, FL 32550

Price drop
EmeraldCoast
$709,000
3 bd
|
3 ba
|
1,546 sq ft
|
Condo

94 Stewart Lake Cv Unit 282, Miramar Beach, FL 32550

Price drop
EmeraldCoast
$795,000
3 bd
|
3 ba
|
1,763 sq ft
|
Condo

122 Seascape Dr Unit 1910, Miramar Beach, FL 32550

Status: Off Market

Tomo last checked: 04/04/2025 at 3:55 PM

Listing updated: 10/26/2024 at 10:46 PM

Listed by: Laurie Hollowell Team, Keller Williams Realty Destin Phone #: (850) 654-2900

MLS: EmeraldCoast #908661

EmeraldCoast logo