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$890,000

Beds
4
Baths
3.0
sq ft
2,094

26 Topaz Cv, Miramar Beach, FL 32550

26 Topaz Cv

Miramar Beach, FL 32550

  • 92 days on market
    • Price drop $60,000↓
Are you in search of an idyllic beach house residence to call your own or to leverage as a lucrative investment property? Look no further than this exquisite beach house abode, conveniently situated a mere block away from the pristine, sun-kissed shores of the Emerald Coast. This home grossed over $86K in 2023 and $114K in 2022. Imagine the unforgettable memories you and your family could make and have an investment income. This splendid home boasts multiple expansive balconies, offering the perfect setting to relish the splendor of the great outdoors. Step into the heart of this residence, and you'll find a chef's kitchen that leaves no stone unturned in providing a culinary haven. Equipped with a top-of-the-line Thermador gas range, granite countertops, and an array of essentia kitchen appliances, it caters to your every culinary need. This four-bedroom gem comfortably accommodates up to 15 guests, ensuring ample space for family and friends. Nestled within a well-appointed subdivision, the property boasts an array of amenities that elevate the coastal living experience. Two inviting swimming pools beckon for leisurely dips, while a private beach access point, complete with restroom facilities, a pavilion, and a snack bar, ensures your beach days are both comfortable and enjoyable. Sports enthusiasts will appreciate the basketball and tennis courts at their disposal. In terms of maintenance and upgrades, this residence has been impeccably cared for. The roof received a full replacement in 2015, while all windows and doors were upgraded to hurricane-grade options in 2021. The HVAC units were also replaced in 2018, ensuring year-round comfort and energy efficiency. The hot water heater was recently replaced. Furthermore, this property is being offered fully furnished, making it turnkey and ready for you to savor. With books in 2024 this unit is expected to gross $80,000 and the seller took the unit off the rental market for October, November and December. This home presents an enticing opportunity for both homeowners and investors alike. The exterior of the home has recently been repainted and the downstairs flooring was replaced with luxury LVP.

Details

Property type

Single Family Residence

Est. home value

$1,034,083

Lot size

Unknown

Price per sq ft

$426

Year built

1993

Monthly HOA fee

$549

Price History

09/18/2024
EmeraldCoast

EmeraldCoast #957568

Price change
$890,000
-6.32%
08/23/2024
EmeraldCoast

EmeraldCoast #957568

Listed
$950,000
+3.26%
05/11/2024
EmeraldCoast

EmeraldCoast #933461

Removed
$920,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool, Tennis Court(s)

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

Amsouth Bank

Loan start date

September 2001

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

7%

Loan type

Credit Line (Revolving), 20 year

Seller

John Truman Rotruck and Jane Ann Yost Rotruck

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 3:45 AM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Bonnie A Seals, ERA American Real Estate Phone #: (850) 651-2454

MLS: EmeraldCoast #957568

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