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$875,000

Beds
3
Baths
3.0
sq ft
1,735

2440 Scenic Gulf Dr Unit 204, Miramar Beach, FL 32550

2440 Scenic Gulf Dr Unit 204

Miramar Beach, FL 32550

  • 214 days on market
    • Price drop $24,000↓
RARELY AVAILABLE in the sought-after Crystal View Condos, this 3-bedroom, 3-bathroom gem boasts STUNNING GULF VIEWS and abundant natural light streaming through a wall of windows. Perfectly situated directly across the street and west of Pompano Joe's, it offers DEEDED BEACH ACCESS to the White Sand Beaches and Emerald Waters of Miramar Beach. The HOA monthly payment for this property has been significantly reduced to $1,547.78, as the special assessment has now been fully paid off. Plus, the required SIRS and Milestone reports have been completed, adding peace of mind for prospective buyers. This condo is also projected to generate over $80,000 in rental income for 2024, making it an exceptional investment opportunity.The expansive 44x7 balcony spans the RARELY AVAILABLE in the sought-after Crystal View Condos, this 3-bedroom, 3-bathroom gem boasts STUNNING GULF VIEWS and abundant natural light streaming through a wall of windows. Perfectly situated directly across the street and west of Pompano Joe's, it offers DEEDED BEACH ACCESS to the White Sand Beaches and Emerald Waters of Miramar Beach. The HOA monthly payment for this property has been significantly reduced to $1,547.78 from $2,454.98, as the special assessment has now been fully paid off. Plus, the required SIRS and Milestone reports have been completed, adding peace of mind for prospective buyers. This condo is also projected to generate over $80,000 in rental income for 2024, making it an exceptional investment opportunity. The length of the condo, providing the perfect spot to enjoy the gulf breezes, savor your morning coffee, or relax in the sun. With its prime location, breathtaking views, and impressive income potential, this property is a rare find that stands out from the rest.

Details

Property type

Condominium

Est. home value

$935,517

Lot size

Unknown

Price per sq ft

$505

Year built

1999

Monthly HOA fee

$1,547.78

Price History

10/18/2024
EmeraldCoast

EmeraldCoast #951001

Price change
$875,000
-2.67%
07/01/2024
EmeraldCoast

EmeraldCoast #951001

Price change
$899,000
-3.85%
05/23/2024
EmeraldCoast

EmeraldCoast #951001

Listed
$935,000
+94.79%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Farmers & Merchant Bk

Loan start date

June 2001

Original loan amount

$150,000

Est. remaining balance

$0

Interest rate

7.12%

Loan type

Not Provided, 5 year

Seller

Mark J Rawlings

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: 12/23/2024 at 2:55 PM

Listing updated: 12/03/2024 at 12:09 PM

Listed by: Shannyn Stevenson, Shannyn Stevenson, Shannyn P Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn P Stevenson, Newman Dailey Resort Properties Phone #: (850) 837-1071

MLS: EmeraldCoast #951001

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