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$394,900

Beds
1
Baths
1.0
sq ft
663

2830 Scenic Gulf Dr Unit 304, Miramar Beach, FL 32550

2830 Scenic Gulf Dr Unit 304

Miramar Beach, FL 32550

  • 102 days on market
    • Price drop $5,000↓
Discover coastal living at its finest in this charming top-floor unit at Gulfview Condominiums. This 1-bedroom, 1-bath condo, complete with hallway bunks and a pull out couch (sleeps 6), has water views from the living room and balcony! It is being offered fully furnished and turn-key rental ready. Gulfview Condominiums feature 200 feet of private, gated beach access, allowing you to enjoy the pristine sands and emerald waters just steps from your door. Additional amenities include pool, relaxing jacuzzi, convenient grilling area, and on-site laundry facilities. The unit comes with low HOA fees, covering a range of essential services including internet, TV cable, water, sewer, trash, and more, ensuring a hassle-free experience for owners and guests alike. The projected rental income is over $39k, making this condo a smart investment opportunity. Don't miss your chance to own a piece of paradise with excellent rental potential. Whether you're looking for a personal retreat or an income-generating property, this Gulfview condo has it all!

Details

Property type

Condominium

Est. home value

$366,341

Lot size

Unknown

Price per sq ft

$596

Year built

1995

Monthly HOA fee

$553

Price History

08/26/2024
EmeraldCoast

EmeraldCoast #956825

Price change
$394,900
-1.25%
08/13/2024
EmeraldCoast

EmeraldCoast #956825

Listed
$399,900
+135.24%
06/17/2016
EmeraldCoast

EmeraldCoast #745315

Sold
$170,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, 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

$179,340
Asking price
$394,900
Closing costs (~8% of asking)
-$31,592
Est. remaining loan balance
-$183,968
Cash to seller
$179,340

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

Seller’s Loan History

Lender

Interlinc Mortgage Services Llc

Loan start date

October 2020

Original loan amount

$202,000

Est. remaining balance

$183,968

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michael Neal Welch and Claire Welch

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 3:55 AM

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

Listed by: Joshua A Smith, Fathom Realty FL LLC Phone #: (888) 455-6040

MLS: EmeraldCoast #956825

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