tomo logo

$489,900

Beds
2
Baths
2.5
sq ft
1,500

186 Durango Rd, Destin, FL 32541

186 Durango Rd

Destin, FL 32541

  • <1 day on market
Perfect Location! Enjoy exclusive living on Holiday Isle with no HOA dues! This property features 60ft of shared water access canal - ideal for SUP, kayaking or relaxing by the water. No rental restrictions make it an excellent STR investment opportunity. The home was completely remodeled in 2022 and boasts a spacious updated kitchen with new granite countertops, a modern backsplash and stainless steel appliances. Two master bedrooms with adjoining bathrooms, complete with double sinks - one downstairs and one upstairs for added privacy. Versatile loft area can serve as an additional bedroom, office or nursery. Plus, a private fenced backyard with a deck and grassy area. New roof and outside paint in 2023. Financial reports for the last 2 years average 65k income yearly Recent addition: a brand-new hot water heater. Don't miss out on this incredible property!

Details

Property type

Townhouse

Est. home value

$575,361

Lot size

1,307 sq ft

Price per sq ft

$327

Year built

1994

Monthly HOA fee

$26.67

Price History

01/22/2025
EmeraldCoast

EmeraldCoast #966851

Listed
$489,900
-3.94%
04/30/2024
EmeraldCoast

EmeraldCoast #931395

Removed
$510,000
04/15/2024
EmeraldCoast

EmeraldCoast #931395

Price change
$510,000
-8.77%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

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

$296,379
Asking price
$489,900
Closing costs (~8% of asking)
-$39,192
Est. remaining loan balance
-$154,329
Cash to seller
$296,379

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

April 2021

Original loan amount

$168,000

Est. remaining balance

$154,329

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Dragos S Jula

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: 01/22/2025 at 11:10 PM

Listing updated: 01/22/2025 at 12:54 PM

Listed by: Simona M Ghile, Simona M Ghile, Simona M Ghile, Simona M Ghile, Simona M Ghile, Acasa Realty LLC Phone #: (850) 368-4863

MLS: EmeraldCoast #966851

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