tomo logo

$1,050,000

Beds
3
Baths
3.0
sq ft
1,804

15100 Emerald Coast Pkwy Unit 406, Destin, FL 32541

15100 Emerald Coast Pkwy Unit 406

Destin, FL 32541

  • 78 days on market
Welcome to this beautiful corner unit in St. Lucia at Silver Shells! This stunning unit features three spacious bedrooms, and is the ultimate blend of luxury and investment potential. With over $90,000 in rental income generated in 2023, this property is not only a dream vacation retreat but a lucrative investment opportunity.This beautifully furnished and newly decorated unit welcomes you with an open-concept living area that bathes in natural light. Modern furnishings and fresh, stylish decor create an atmosphere of relaxed sophistication, perfectly framing the views of the Gulf of Mexico. Each bedroom features its own private balcony, offering a personal sanctuary where you can soak in the stunning surroundings.

Details

Property type

Condominium

Est. home value

$970,873

Lot size

Unknown

Price per sq ft

$583

Year built

2005

Monthly HOA fee

$1,842.67

Price History

09/06/2024
EmeraldCoast

EmeraldCoast #962267

Listed
$1,050,000
-2.78%
08/01/2024
EmeraldCoast

EmeraldCoast #945327

Removed
$1,080,000
05/10/2024
EmeraldCoast

EmeraldCoast #945327

Price change
$1,080,000
-6.09%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool, Tennis Court(s)

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

$360,012
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$605,988
Cash to seller
$360,012

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

March 2022

Original loan amount

$637,500

Est. remaining balance

$605,988

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Robert E Comstock and Shannon M Comstock

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: 11/23/2024 at 6:40 PM

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

Listed by: Spears Group, Spears Group, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #962267

EmeraldCoast logo

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