tomo logo

$775,000

Beds
3
Baths
3.0
sq ft
2,080

124 Miracle Strip Pkwy SW Unit 500, Fort Walton Beach, FL 32548

124 Miracle Strip Pkwy SW Unit 500

Fort Walton Beach, FL 32548

  • 14 days on market
This BEAUTIFUL WATERFRONT condo is the perfect place to relax & enjoy the UNSURPASSED VIEWS of the INTERCOASTAL WATERWAY & GULF OF MEXICO! This unit has 2 BALCONIES w/560SF of ADDITIONAL LIVING SPACE that wrap around the unit and is accessible from both the Living Area & Master Bedroom to easily enjoy the beautiful SUNRISE each Morning. This 5th Floor END UNIT features an OPEN FLOOR PLAN w/spacious living & dining areas that have TILE PLANK FLOORS and a Gourmet Kitchen w/GRANITE tops & CHERRY WOOD CABINETS. Additionally, this unit also has 2 SPACES in the COVERED PARKING GARAGE& a STORAGE UNIT. Presidio complex has a POOL, HOT TUB, & FITNESS CENTER & is just minutes from the beach, restaurants, shopping, and entertainment. FWB Yacht Basin is next door & covered slips w/lift available!

Details

Property type

Condominium

Est. home value

$753,653

Lot size

Unknown

Price per sq ft

$373

Year built

2007

Monthly HOA fee

$1,220.23

Price History

01/08/2025
EmeraldCoast

EmeraldCoast #965913

Listed
$775,000
+13.97%
04/14/2023
EmeraldCoast

EmeraldCoast #916603

Sold
$680,000
+46.24%
02/09/2018
EmeraldCoast

EmeraldCoast #740284

Sold
$465,000

Schools & Community

Elementary school: 

Edwins

Middle school: 

Bruner

High school: 

Fort Walton Beach

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

$246,543
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$466,457
Cash to seller
$246,543

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

April 2023

Original loan amount

$476,000

Est. remaining balance

$466,457

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

James T Somerville and Sheree E Somerville

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: 01/23/2025 at 12:40 AM

Listing updated: 01/10/2025 at 8:55 AM

Listed by: Christine Cleek, Christine Cleek, Christine A Cleek, Christine Cleek, Christine Cleek, Christine Cleek, Rising Star Real Estate Inc Phone #: (850) 613-6832

MLS: EmeraldCoast #965913

EmeraldCoast logo

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