tomo logo

$3,475,000

Beds
6
Baths
5.0
sq ft
4,820

28 Spyglass Dr, Miramar Beach, FL 32550

28 Spyglass Dr

Miramar Beach, FL 32550

  • 96 days on market
    • Price drop $50,000↓
Indulge in unparalleled luxury and coastal elegance with this extensively remodeled, three-story estate offering breathtaking Gulf views. Spanning 4,800 sq. ft., this extraordinary residence accommodates up to 33 guests, making it the perfect high-end rental or lavish primary home. The open-concept main floor seamlessly connects the living area, gourmet kitchen, and outdoor patio--an entertainer's dream. The chef's kitchen, adorned with top-of-the-line Wolf and Sub-Zero appliances, sleek quartz countertops, and a spacious island, is designed for culinary excellence.Effortlessly navigate all three floors via a private elevator, leading to six luxurious bedrooms, five spa-like bathrooms, and a versatile flex/media room ideal for family gatherings or game nights. The master suite is a retreat unto itself, boasting sweeping Gulf views, a private sitting area, a wet bar, an expansive walk-in closet, and a convenient secondary laundry room. Step outside to your personal oasis: a private cabana, heated pool, and spa, all surrounded by a newly resurfaced travertine patio and pristine Astroturf yard, perfect for lounging or playing. The pool shower and changing room add an extra touch of convenience, allowing you to rinse off after a day at the beach before diving into your heated pool. Each level of this home offers private balconies where you can savor stunning Florida sunsets. With the highest elevation in the area, this home sits outside the flood zone and comes with no HOA restrictions. Recent upgrades include three new HVAC systems, a new water heater, and a fully resurfaced pool, ensuring modern comfort and convenience. Located just a short walk or golf cart ride to private beach access, and minutes from the vibrant Baytowne Wharf, Silver Sands Outlet Mall, and world-class dining, this home is your gateway to the ultimate Emerald Coast lifestyle.

Details

Property type

Single Family Residence

Est. home value

$3,051,447

Lot size

7,841 sq ft

Price per sq ft

$721

Year built

2007

Price History

12/08/2024
EmeraldCoast

EmeraldCoast #959440

Price change
$3,475,000
-1.42%
11/14/2024
EmeraldCoast

EmeraldCoast #959440

Price change
$3,525,000
-1.4%
09/18/2024
EmeraldCoast

EmeraldCoast #959440

Listed
$3,575,000
-7.14%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

Smartfi Home Loans Llc

Loan start date

August 2023

Original loan amount

$4,650,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Howard M Gengerke

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 10:20 PM

Listing updated: 12/09/2024 at 11:09 AM

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

MLS: EmeraldCoast #959440

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