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$490,000

Beds
1
Baths
2.0
sq ft
954

1322 Miracle Strip Pkwy SE Unit 402, Fort Walton Beach, FL 32548

1322 Miracle Strip Pkwy SE Unit 402

Fort Walton Beach, FL 32548

  • 111 days on market
    • Price drop $35,000↓
The seller is excited to offer the buyer a $7,500 credit, which can be applied toward a rate buydown or used at the buyer's discretion for any other purpose--providing added flexibility for your purchase!Offering the Buyer a $7,500 credit, which can be applied towards a rate buydown or used at the buyer's discretion for any other purpose--providing added flexibility for your purchase! Unlock Your Dream Vacation with this Gorgeous Destin West Bayside Condo! Discover the ultimate getaway in this desirable 1-bedroom, 2-bath condo, featuring charming hallway bunks, perfectly nestled in Destin West Bayside. Experience the ideal blend of relaxation and adventure with exclusive access to the tranquil Bay, stunning Gulf, and an invigorating Lazy River!This meticulously maintained unit s Financially, this property shines brightlyalready raking in $40,000 in 2024, with comparable units expected to exceed $60,000 by year's end. Whether you're a savvy investor looking to capitalize on this lucrative opportunity or someone ready to make their dream of owning a vacation condo a reality, this condo is a golden opportunity. Don't miss out on owning a slice of paradise! **Happy to work with a Buyer's Agent**

Details

Property type

Condominium

Est. home value

$526,328

Lot size

Unknown

Price per sq ft

$514

Year built

2006

Monthly HOA fee

$825.89

Price History

08/27/2024
EmeraldCoast

EmeraldCoast #956199

Price change
$490,000
-6.67%
08/04/2024
EmeraldCoast

EmeraldCoast #956199

Listed
$525,000
+10.53%
03/18/2024
EmeraldCoast

EmeraldCoast #935124

Removed
$475,000

Schools & Community

Elementary school: 

Elliott Point

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

$143,241
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$307,559
Cash to seller
$143,241

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

September 2022

Original loan amount

$317,200

Est. remaining balance

$307,559

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Kenneth Wayne Bowling

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: 11/23/2024 at 12:25 PM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Jessica Mackrael, Jessica Mackrael, Jessica Mackrael, Jessica L Mackrael, Coldwell Banker Realty Phone #: (850) 897-4563

MLS: EmeraldCoast #956199

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