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$750,000

Beds
2
Baths
2.0
sq ft
1,070

291 Scenic Gulf Dr Unit 1404, Miramar Beach, FL 32550

291 Scenic Gulf Dr Unit 1404

Miramar Beach, FL 32550

  • 33 days on market
Welcome to Edgewater 1404, a stunning Gulf-front condo offering breathtaking views of the Gulf of Mexico and private beach access. Designed with pride of ownership and thoughtful updates, this retreat is the perfect blend of relaxation, comfort, and convenience--and a solid investment opportunity for buyers looking for a cash-flow property or a second home at the beach. With rental income potential ranging between $50,000 and $65,000 annually, this condo is as lucrative as it is beautiful. This beautifully upgraded condo features a brand-new HVAC system, hot water heater, and fully replaced flooring with durable luxury vinyl plank (LVP) throughout. Step outside to the oversized private balcony, accessible from both the living room and primary bedroom, where you can take in the fabulous Gulf views. This is the perfect spot to sip your morning coffee, relax after a day on the beach, or watch the sunset over the water. Sold fully furnished, Edgewater 1404 includes everything you need for a seamless beachside experience. The soothing coastal colors and beach-inspired d??cor create a welcoming atmosphere, making it the ideal retreat for anyone seeking a peaceful escape or an exciting adventure. Whether you're looking to generate significant rental income or enjoy a second home by the beach, this exceptional Gulf-front condo offers the best of both worlds. Schedule your showing today and discover the beauty and investment potential of Edgewater 1404!

Details

Property type

Condominium

Est. home value

$777,928

Lot size

Unknown

Price per sq ft

$701

Year built

1985

Monthly HOA fee

$1,780

Price History

03/01/2025
EmeraldCoast

EmeraldCoast #970617

Listed
$750,000
+42.86%
08/07/2020
EmeraldCoast

EmeraldCoast #851780

Sold
$525,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Pool

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

Triad Bank

Loan start date

September 2021

Original loan amount

$528,750

Est. remaining balance

Not provided

Interest rate

2.78%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Kevin Nussbaum and Jeannine Nussbaum

Lender

Triad Bank

Loan start date

September 2021

Original loan amount

$528,750

Est. remaining balance

Not provided

Interest rate

2.78%

Loan type

Amount keyed is an Aggregate amount

Seller

Kevin Nussbaum and Jeannine Nussbaum

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?

Status: Active

Tomo last checked: 04/03/2025 at 4:15 AM

Listing updated: 03/08/2025 at 7:24 PM

Listed by: Shannyn Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn P Stevenson, Shannyn P Stevenson, Newman Dailey Resort Properties Phone #: (850) 837-1071

MLS: EmeraldCoast #970617

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