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$619,900

Beds
2
Baths
2.0
sq ft
1,060

291 Scenic Gulf Dr Unit 1500, Miramar Beach, FL 32550

291 Scenic Gulf Dr Unit 1500

Miramar Beach, FL 32550

  • 358 days on market
    • Price drop $15,000↓
Welcome to Edgewater Beach, the most unforgettably unique resort condominium on the entire Emerald Coast! Apart from its brilliant design, Edgewater features all the modern amenities an owner or guest could ask for, like the Gulfside multi-level aquatic center, basketball courts, fitness center, seasonal snack bar, children's playground, and shuffleboard courts. Situated on the 15th floor, and sporting majestic views of the entire Emerald Coastline, unit 1500 will amaze and delight you with its beautifully modern design and fabulously large balcony space. Completely remodeled in 2019, and beautifully updated even further in 2021, this condo boasts all-tile flooring, high-end granite countertops in the kitchen and both bathrooms, stainless steel appliances, and tastefully modern artwork.

Details

Property type

Condominium

Est. home value

$674,099

Lot size

Unknown

Price per sq ft

$585

Year built

1985

Monthly HOA fee

$1,067.68

Price History

06/14/2024
EmeraldCoast

EmeraldCoast #937606

Price change
$619,900
-2.36%
03/22/2024
EmeraldCoast

EmeraldCoast #937606

Price change
$634,900
-5.94%
02/15/2024
EmeraldCoast

EmeraldCoast #937606

Price change
$675,000
-8.66%

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

$321,023
Asking price
$619,900
Closing costs (~8% of asking)
-$49,592
Est. remaining loan balance
-$249,285
Cash to seller
$321,023

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

October 2020

Original loan amount

$325,000

Est. remaining balance

$249,285

Interest rate

2.37%

Loan type

New Conventional, 15 year

Seller

Scotty Meredith and Donna Meredith

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 7:20 AM

Listing updated: 11/14/2024 at 12:15 PM

Listed by: Andrew Bridges, Andrew Bridges, Andrew Bridges, Andrew Bridges, Andrew Bridges, Andrew Bridges, Andrew Bridges, REV Realty Phone #: (850) 428-3338

MLS: EmeraldCoast #937606

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