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$655,000

Beds
4
Baths
3.5
sq ft
2,820

13987 Hanging Branch Way, Pensacola, FL 32507

13987 Hanging Branch Way

Perdido Key, FL 32507

  • 94 days on market
LIVE THE PERDIDO LIFE IN THIS SPACIOUS 4-BEDROOM HOME NESTLED IN THE SOUGHT-AFTER ARBORGATE COMMUNITY & CONVENIENTLY LOCATED NEAR THE COMMUNITY POOL! Fully furnished in true coastal style, this home is turnkey – perfect for a private residence or as a PROVEN rental-income generator. As you step inside, you’ll be greeted by a spacious and inviting layout that feels just right. The 1st floor level has an open-concept living area creating a warm atmosphere and seamlessly connects the cozy living space, dining area, and fully equipped gourmet kitchen complete with beautiful cabinetry, stainless steel appliances, custom backsplash and island with breakfast bar—ideal for gatherings and entertaining. A bonus room – or guest bedroom with full bathroom is also located on the 1st floor for maximum convenience. Comprising the entire 2ndfloor, the primary suite is a true sanctuary, complete with a luxurious en-suite bathroom with large soaking tub, oversized shower, double vanities and a private balcony. For additional privacy, there are two additional bedrooms, both with en-suite bathrooms, located on the 3rd floor and are generously sized. The Arborgate community is tucked away in Perdido Key and conveniently located near the island’s bike path, shopping, golf courses, and the pristine beaches of the Gulf Coast. Explore the potential of owning a successful short-term rental property or enjoy living the true island lifestyle! Schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$653,836

Lot size

3,907.332 sq ft

Price per sq ft

$233

Year built

2019

Monthly HOA fee

$350

Price History

12/04/2024
Pensacola

Pensacola #655453

Listed
$655,000
+0.77%
08/16/2023
Pensacola

Pensacola #628726

Sold
$650,000
+49.43%
07/02/2020
Pensacola

Pensacola #572256

Sold
$435,000
+22.54%

Schools & Community

Elementary school: 

Hellen Caro

Middle school: 

Bailey

High school: 

Escambia

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

$59,539
Asking price
$655,000
Closing costs (~8% of asking)
-$52,400
Est. remaining loan balance
-$543,061
Cash to seller
$59,539

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

July 2023

Original loan amount

$552,500

Est. remaining balance

$543,061

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Robert James Burke Jr and Haley Drew Burke

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: 02/23/2025 at 8:20 AM

Listing updated: 02/06/2025 at 2:45 PM

Listed by: Katherine Justice, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #655453

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