tomo logo

$1,200,000

Beds
5
Baths
4.0
sq ft
2,813

221 Tahitian Way, Destin, FL 32541

221 Tahitian Way

Destin, FL 32541

  • 2 days on market
FURNISHED, TURNKEY, AND READY TO RENT!HIGHLIGHTS:* Largest floor plan in Villages of Crystal Beach, Destin* Short term rental ready NOW!* Fabulous resort-style community pool* $147,497.48 rental income in 2022* $142,925.61 rental income in 2023* $111,319.90 YTD rental income in 2024 WITH renovations* 2024 upgrades: Master shower redo, HVAC replacement, water heater replacement* 5 BR, 4 BA--1 BR 1st floor--2 BR including Large master suite with kitchenette and huge master bath - separate shower + jetted tub, 2nd floor--2 BR + large bonus room with kitchenette, 3rd floor* Sleeps 14+* Parking for 3 vehicles in front* High ceilings add to spacious feeling* Separate laundry/utility room* Owner's closet* Two water heaters* Smart thermostatDon't miss this opportunity to own one of the largest properties in Villages of Crystal Beach!We eagerly await your offer!

Details

Property type

Single Family Residence

Est. home value

$1,262,968

Lot size

1,307 sq ft

Price per sq ft

$427

Year built

2008

Monthly HOA fee

$555

Price History

10/15/2024
CentralPanhandle

CentralPanhandle #763882

Listed
$1,200,000
+112.39%
01/07/2019
EmeraldCoast

EmeraldCoast #809482

Sold
$565,000
+9.71%
06/15/2017
EmeraldCoast

EmeraldCoast #737807

Sold
$515,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$313,736
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$790,264
Cash to seller
$313,736

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

Seller’s Loan History

Lender

South State Bank Na

Loan start date

September 2021

Original loan amount

$846,000

Est. remaining balance

$790,264

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Sarwar Orakzai and Aishah Orakzai

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: 10/18/2024 at 6:25 AM

Listing updated: 10/17/2024 at 2:30 PM

Listed by: January Johnson, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #763882

CentralPanhandle logo

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