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$389,900

Beds
1
Baths
1.0
sq ft
624

2830 Scenic Gulf Dr Unit 110, Miramar Beach, FL 32550

2830 Scenic Gulf Dr Unit 110

Miramar Beach, FL 32550

  • 234 days on market
GREAT INCOME, GREAT LOCATION, GREAT PRICE! Over $30,000 in Gross Income. This FIRST-floor unit has a partial view of the beautiful Gulf Coast and door access to parking, makes loading and unloading a breeze that you and your guests will love. With 1 bed/1 bath (Sleeps 6), Short walk to the private/gated beach access makes this a high demand unit for vacation rentals. This conveniently located ground unit is not only in demand during peak season but also attracts snowbirds in the winter months. Take a step inside to find that it accommodates up to 6 guests with 2 bunks in the hall and a pull-out sofa making it more appealing to potential renters. Your future guests will also love the prime Miramar Beach/Destin location, walking distance to some of the area's most popular restaurants like; Pompano Joes, Kenny D's and Captain Dave's. The Association fees cover Water, Cable, Seasonal Security, and high-speed fiber Internet, which is an extra bonus. This Unit would be perfect for a first-time investor or an additional investment to add to your portfolio. Property Amenities: Private Beach and Private Beach Access, Dedicated Beach Vendor for Chairs and umbrella rentals, Heated Pool, Hot Tub/SPA, 3- BBQ Grills, Free parking, Club House, 1 Gig Wi-Fi that covers the entire property, Washer/Dryers, Boat and Camper parking available and much more.

Details

Property type

Condominium

Est. home value

$391,637

Lot size

Unknown

Price per sq ft

$625

Year built

1995

Monthly HOA fee

$553

Price History

05/02/2024
EmeraldCoast

EmeraldCoast #948887

Listed
$389,900
+116.61%
03/25/2016
EmeraldCoast

EmeraldCoast #743710

Sold
$180,000

Schools & Community

Elementary school: 

Van R Butler

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

$248,748
Asking price
$389,900
Closing costs (~8% of asking)
-$31,192
Est. remaining loan balance
-$109,960
Cash to seller
$248,748

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

March 2016

Original loan amount

$135,000

Est. remaining balance

$109,960

Interest rate

3.72%

Loan type

New Conventional, 30 year

Seller

Anthony Monteiro and Crystal Monteiro

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: 12/22/2024 at 2:20 PM

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

Listed by: Crystal L Monteiro, Crystal L Monteiro, Condo Deals Destin Phone #: (803) 448-7025

MLS: EmeraldCoast #948887

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