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$689,000

Beds
4
Baths
4.0
sq ft
3,609

164 Beal Pkwy NW, Fort Walton Beach, FL 32548

164 Beal Pkwy NW

Fort Walton Beach, FL 32548

  • 138 days on market
This property is a rare find in the heart of Fort Walton Beach, offering the perfect blend of space, comfort, and potential. The main level of this recently renovated rambler features four generously sized bedrooms, including two luxurious master suites with private en-suite baths, ensuring plenty of room for family and guests. The two additional bedrooms share a well-appointed full bath, providing convenience and comfort for everyone. The kitchen is a true chef's delight, boasting extensive cabinetry, abundant countertop workspace, and a massive pantry that can accommodate all your culinary needs. The adjacent dining area is both spacious and inviting, centered around a charming wood-burning fireplace that adds warmth and ambiance to every meal. The adjacent dining area is both spacious and inviting, centered around a charming wood-burning fireplace that adds warmth and ambiance to every meal. The living room is expansive, providing ample space for gatherings, movie nights, or simply unwinding after a long day. Step outside to the covered back porch, where you can enjoy your morning coffee or evening drinks while taking in the serene surroundings. The oversized laundry area offers flexibility, with the potential to serve as a kids' playroom, home office, or whatever your heart desires. The property's standout feature is the separate mother-in-law apartment located in the basement. This self-contained living space includes an open-concept kitchen and dining area, a spacious living room, and a well-sized bedroom with an en suite bath. It's perfect for extended family, guests, or even as a rental unit to generate extra income. Situated on a sprawling 0.68-acre lot. This home provides endless opportunities to create your own private outdoor oasis. Whether you dream of adding a pool, sports court, or lush gardens, there's more than enough space to bring your vision to life. Both the main floor home and the mother-in-law apartment are currently successful short-term rentals and can be sold fully furnished for an additional fee. The property boasts an impressive annual gross income of just under $100,000.

Details

Property type

Single Family Residence

Est. home value

$694,630

Lot size

0.68 acres

Price per sq ft

$191

Year built

1960

Price History

07/08/2024
EmeraldCoast

EmeraldCoast #961359

Listed
$689,000
+46.6%
04/08/2021
EmeraldCoast

EmeraldCoast #851272

Sold
$470,000

Schools & Community

Elementary school: 

Elliott Point

Middle school: 

Bruner

High school: 

Fort Walton Beach

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

$307,398
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$326,482
Cash to seller
$307,398

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

May 2021

Original loan amount

$352,500

Est. remaining balance

$326,482

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Maxwell J Robison and Olivia Robison

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 11:50 AM

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

Listed by: Aaron M Robison, Pointe South Phone #: (850) 492-1826

MLS: EmeraldCoast #961359

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