tomo logo

$2,100,000

Beds
9
Baths
8.0
sq ft
4,140

128 Sarasota St, Miramar Beach, FL 32550

128 Sarasota St

Miramar Beach, FL 32550

  • 114 days on market
    • Price drop $350,000↓
Are you looking for a rental POWERHOUSE??? This home is a wonderful investment opportunity! Super motivated Sellers! Primely positioned on a corner lot in Frangista Beach, this is a high-performing rental property designed for large groups or multiple families. 2024 YTD grossed $127k! No HOA and just 2 blocks to deeded beach access. 8 Bedrooms with a 6 Bed Bunk room! Upgrades include 8 new king beds, new sofas, dining sets, barstools, light fixtures, artwork, and pool deck furniture. This floor plan accommodates up to 27 guests, featuring ample parking along the western edge. A privacy wall surrounds the pool deck, which includes a 10x28 private pool, covered grilling area, and poolside bar. Each of the first three levels features deep covered verandahs for enjoying gulf breezes.

Details

Property type

Single Family Residence

Est. home value

$2,566,073

Lot size

4,792 sq ft

Price per sq ft

$508

Year built

2006

Price History

11/01/2024
EmeraldCoast

EmeraldCoast #954823

Listed
$2,100,000
10/25/2024
EmeraldCoast

EmeraldCoast #954823

Pending
$2,100,000
10/22/2024
EmeraldCoast

EmeraldCoast #954823

Price change
$2,100,000
-14.29%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Renasant Bank

Loan start date

June 2021

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Commercial, 5 year

Seller

Cowtown Residential Properties Llc and Texas Reverse Exchange Holding Co Llc

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

EmeraldCoast
$2,150,000
7 bd
|
7.5 ba
|
3,258 sq ft
|
House

240 Driftwood Rd, Miramar Beach, FL 32550

Price drop
EmeraldCoast
$2,000,000
9 bd
|
9 ba
|
3,968 sq ft
|
House

159 Driftwood Rd, Miramar Beach, FL 32550

Price drop
EmeraldCoast
$2,395,000
8 bd
|
8.5 ba
|
4,405 sq ft
|
House

96 Sarasota St, Miramar Beach, FL 32550

Status: Active

Tomo last checked: 11/08/2024 at 10:20 AM

Listing updated: 11/01/2024 at 9:35 AM

Listed by: Gary Bowman, Gary Bowman, Gary Bowman, Gary Bowman, Gary Bowman, Sandestin Real Estate Phone #: (850) 267-8100

MLS: EmeraldCoast #954823

EmeraldCoast logo