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$794,500

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

  • 77 days on market
Can't choose between lakefront, beach access, or pool? Have them all at Stewart Lake! Enjoy not one, but two private lake front porches. Immediately across the scenic lake bridge is a 30A crosswalk directly onto the renowned sugar sands of the Emerald Coast. Or, head out the other way and the pool is directly across from the front door. Inside, this home will meet the needs of either full time owner occupant or vacationer. This is a spacious home that functions more like a single family home than a condo. If you're searching for something special, this is it! See it today and imagine your new home.This vacation rental produces over $100,000 gross annually.HOA fees to be verified and not final. Buyer to complete all due diligence

Details

Property type

Condominium

Est. home value

$743,987

Lot size

Unknown

Price per sq ft

$514

Year built

1985

Monthly HOA fee

$958.33

Price History

10/07/2024
EmeraldCoast

EmeraldCoast #961247

Listed
$794,500
+7.36%
11/18/2022
EmeraldCoast

EmeraldCoast #908661

Sold
$740,000
+40.95%
09/03/2021
EmeraldCoast

EmeraldCoast #877980

Sold
$525,000
+32.91%

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

$188,848
Asking price
$794,500
Closing costs (~8% of asking)
-$63,560
Est. remaining loan balance
-$542,092
Cash to seller
$188,848

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

$542,092

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?

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Status: Active

Tomo last checked: 12/23/2024 at 2:45 PM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Christine M Gray, Christine M Gray, Fathom Realty FL LLC Phone #: (888) 455-6040

MLS: EmeraldCoast #961247

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