tomo logo

$950,000

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

  • 15 days on market
    • Price drop $45,000↓
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 over $100k in renovations and the ultimate in sophisticated coastal living, showcasing 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 all-natural quartz countertops, custom floor-to-ceiling wood cabinetry with brass hardware, and top-of-the-line stainless steel appliances, including an induction cooktop. A new, spacious pantry offers added convenience, with the option to revert it to its original half-bath configuration if desired. Designed for discerning tastes, Sailwatch Landing prioritizes privacy and exclusivity with only 26 units. This penthouse sanctuary offers a seamless blend of indoor and outdoor living. Entertain with ease in the open floor plan that leads to a private balcony through double French doors, perfect for soaking in the stunning waterfront views. Enjoy the rare privilege of a built-in gas grill, ideal for alfresco dining. The grand master suite is a true retreat with its expansive layout and spa-like en suite featuring a luxurious soaking tub and separate shower. Elegant touches abound, including travertine flooring, crown molding, high ceilings, and a discreetly tucked-away laundry room concealed behind a stylish barn door. Complete with an oversized two-car garage and temperature-controlled storage, this penthouse epitomizes coastal luxury. Resort-style amenities await, with a private waterfront pool and a dock providing direct access to the Intracoastal Waterway, perfect for paddleboarding and kayaking. Explore the charm of Okaloosa Island or cruise downtown via golf cart to nearby restaurants, shops, bars, and entertainmentall just minutes away. Elevate your lifestyle in this high-end penthouse, where sophistication meets serene coastal beauty in a gated, exclusive setting. This is more than a home; it's a statement in luxury.

Details

Property type

Condominium

Est. home value

$869,000

Lot size

Unknown

Price per sq ft

$351

Year built

2006

Monthly HOA fee

$955

Price History

11/13/2024
EmeraldCoast

EmeraldCoast #962664

Price change
$950,000
-4.52%
11/08/2024
EmeraldCoast

EmeraldCoast #954868

Removed
$995,000
11/08/2024
EmeraldCoast

EmeraldCoast #962664

Listed
$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

$580,282
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$293,718
Cash to seller
$580,282

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

$293,718

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?

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Status: Active

Tomo last checked: 11/23/2024 at 8:50 AM

Listing updated: 11/14/2024 at 12:18 PM

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

MLS: EmeraldCoast #962664

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