tomo logo

$2,825,000

Beds
9
Baths
10.0
sq ft
4,949

29 Los Angeles St, Miramar Beach, FL 32550

29 Los Angeles St

Miramar Beach, FL 32550

  • 253 days on market
    • Price drop $75,000↓
PRICE REDUCED. CALLING ALL INVESTORS. 450 feet to DEEDED beach access. ''Born to Sun'' is a 9 bedroom/10 bathroom Coastal Retreat with deeded beach access and an established history of ACTUAL rental bookings year after year. As of August 23, the property has ACTUAL booked rental income of $261,000 in 2024. 6-seater golf cart is included! This Frangista Beach home, designed by B Design, was completed in 2016 and is built on an oversized 65 ft. by 100 ft. lot, located one block from the deeded beach access for the community. Enjoy one of the best private pools in the entire neighborhood.

Details

Property type

Single Family Residence

Est. home value

$3,347,515

Lot size

7,405 sq ft

Price per sq ft

$571

Year built

2016

Monthly HOA fee

$176.78

Price History

10/28/2024
EmeraldCoast

EmeraldCoast #943146

Price change
$2,825,000
-2.59%
08/13/2024
EmeraldCoast

EmeraldCoast #943146

Price change
$2,900,000
-3.01%
05/01/2024
EmeraldCoast

EmeraldCoast #943146

Price change
$2,990,000
-3.55%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

First United Bank

Loan start date

June 2021

Original loan amount

$1,750,000

Est. remaining balance

Not provided

Interest rate

3.04%

Loan type

Commercial

Seller

Stevi Investments Fl Llc

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?

Similar Homes Nearby

Price drop
EmeraldCoast
$2,575,000
7 bd
|
7.5 ba
|
3,933 sq ft
|
House

36 Palm Beach St, Miramar Beach, FL 32550

Price drop
EmeraldCoast
$2,575,000
7 bd
|
7.5 ba
|
3,933 sq ft
|
House

48 Palm Beach St, Miramar Beach, FL 32550

Price drop
EmeraldCoast
$2,575,000
7 bd
|
6.5 ba
|
4,100 sq ft
|
House

33 Boswells Ct, Miramar Beach, FL 32550

Status: Active

Tomo last checked: 11/04/2024 at 5:00 PM

Listing updated: 11/04/2024 at 2:05 PM

Listed by: Justin A Endsley, Gulf Realty 30A LLC Phone #: (850) 687-1261

MLS: EmeraldCoast #943146

EmeraldCoast logo

Recently listed in Miramar Beach