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$1,450,000

Beds
4
Baths
4.5
sq ft
3,045

28 W Queen Palm Dr, Inlet Beach, FL 32461

28 W Queen Palm Dr

Inlet Beach, FL 32461

  • 349 days on market
    • Price drop $120,000↓
This newly built, luxurious four-story home by Brock showcases one of the area's largest private rooftop terraces with stunning views. Perfectly located next to 30Avenue and Destin Ice Market, this residence offers exceptional shopping and dining experiences. With beach access across the road and an upcoming underground pedestrian/bike tunnel connecting Twin Palms to exclusive 30A towns, including Rosemary Beach and Alys Beach.The second levels offers a spacious kitchen and living area that create an ideal space for hosting gatherings and events. The bedrooms are strategically arranged, with one on the ground floor and the remaining three on the third floor. The generous Master bedroom features an beautiful bathroom with a double vanity and a spacious shower. The highlight of the residence is the observation deck on the fourth floor, offering abundant space for groups to enjoy views of the Gulf, witness stunning sunsets, and indulge in stargazing. Additional features comprise an oversized garage for golf cart storage, an extra office area, and a cul-de-sac corner location. The residence is only a brief walk from the future site of the community pool and pavilion. Information contained within this listing such as square footage, is deemed to be accurate but is not guaranteed. Buyer to verify.

Details

Property type

Single Family Residence

Est. home value

$1,570,554

Lot size

Unknown

Price per sq ft

$477

Year built

2023

Monthly HOA fee

$350

Price History

10/02/2024
EmeraldCoast

EmeraldCoast #938135

Price change
$1,450,000
-7.64%
12/10/2023
EmeraldCoast

EmeraldCoast #938135

Listed
$1,570,000

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

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

$52,002
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$1,281,998
Cash to seller
$52,002

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

Seller’s Loan History

Lender

Banksouth Mortgage Company Llc

Loan start date

May 2023

Original loan amount

$1,305,000

Est. remaining balance

$1,281,998

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Fernando J Quintero and Dolores Quintero

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 8:20 AM

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

Listed by: Cyndi Wilkinson, Rosemary Beach Realty LLC Phone #: (850) 278-2000

MLS: EmeraldCoast #938135

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