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$2,095,000

Beds
7
Baths
6.5
sq ft
4,234

23 Calla Way, Miramar Beach, FL 32550

23 Calla Way

Miramar Beach, FL 32550

  • 211 days on market
    • Price drop $100,000↓
Discover an unparalleled investment opportunity with 'Take it Breezy,' a majestic 4,200 sqft. luxury property nestled within The Retreat at Miramar. Not only is this the largest model, but it also offers the best value with the lowest cost per square foot among 7-bedroom vacation rentals in both Destin and Miramar Beach. Prominently positioned with exclusive backyard access to the community pool and private fishing pond, 'Take it Breezy' provides a lavish retreat fully equipped with all the amenities required for a sublime stay--a coveted feature shared with only three other homes. This strategic location not only enhances the property's exclusivity but also its desirability and potential for appreciation making it one of only a handful of properties within the neighborhood to boast not only superior access but complementary layout and space for guest and owners to fully spread out and relax on their stay. Moreover, The Retreat at Miramar is renowned for its cost-effective management, superior construction quality, and strong revenue generation. These advantages affirm 'Take it Breezy' as not just a place to relax and unwind, but a wise investment opportunity that promises both luxury and financial benefits.

Details

Property type

Single Family Residence

Est. home value

$2,126,119

Lot size

3,920 sq ft

Price per sq ft

$495

Year built

2018

Monthly HOA fee

$494.36

Price History

06/08/2024
EmeraldCoast

EmeraldCoast #948429

Price change
$2,095,000
-4.56%
04/26/2024
EmeraldCoast

EmeraldCoast #948429

Listed
$2,195,000
+62.59%
03/25/2021
EmeraldCoast

EmeraldCoast #849039

Sold
$1,350,000
-15.57%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Destin

High school: 

South Walton

Community features: 

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

$934,958
Asking price
$2,095,000
Closing costs (~8% of asking)
-$167,600
Est. remaining loan balance
-$992,442
Cash to seller
$934,958

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2021

Original loan amount

$1,080,000

Est. remaining balance

$992,442

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Jeffrey Michael Otten and Tina Otten

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 7:15 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Christopher R Harper, Christopher R Harper, Christopher R Harper, Christopher R Harper, LPT Realty LLC Phone #: (877) 366-2213

MLS: EmeraldCoast #948429

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