tomo logo

$995,000

Beds
5
Baths
5.0
sq ft
2,711

187 Brooks St SE Unit B601, Fort Walton Beach, FL 32548

187 Brooks St SE Unit B601

Fort Walton Beach, FL 32548

  • Coming soon
MOTIVATED SELLER!Luxury Waterfront Penthouse in Gated Community - Under $1M!Discover a rare gem nestled in the prestigious, gated community of Sailwatch Landing in downtown Fort Walton Beach. This high-end, five-bedroom penthouse offers the ultimate in sophisticated coastal living, boasting panoramic views of the Santa Rosa Sound with glimpses of the Gulf of Mexico, all for under $1 million.Situated on the top, 6th floor with an impressive 2,711 square feet, this meticulously crafted residence presents five luxurious bedrooms, each with an opulent en suite bathroom. The master suite exudes serenity with its private waterfront balcony--an exclusive vantage point for sunset views over the water.Recently redesigned to embody modern elegance, the gourmet kitchen features

Details

Property type

Condominium

Est. home value

$869,000

Lot size

Unknown

Price per sq ft

$368

Year built

2006

Monthly HOA fee

$955

Price History

11/08/2024
EmeraldCoast

EmeraldCoast #954868

Removed
$995,000
09/20/2024
EmeraldCoast

EmeraldCoast #954868

Pending
$995,000
07/17/2024
EmeraldCoast

EmeraldCoast #947552

Removed
$995,000

Schools & Community

Elementary school: 

Elliott Point

Middle school: 

Bruner

High school: 

Fort Walton Beach

Community features: 

Gated, 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

$620,746
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$294,654
Cash to seller
$620,746

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

May 2013

Original loan amount

$400,000

Est. remaining balance

$294,654

Interest rate

3.54%

Loan type

New Conventional, 30 year

Seller

Dennis J Fredette and Debra J Fredette

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: Coming Soon

Tomo last checked: 11/08/2024 at 10:40 AM

Listing updated: 11/08/2024 at 8:40 AM

Listed by: Michael Tomlin, Michael Tomlin, Michael Tomlin, Coldwell Banker Realty Phone #: (850) 650-4563

MLS: EmeraldCoast #962664

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