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$725,000

Beds
2
Baths
2.0
sq ft
1,215

291 Scenic Gulf Dr Unit 601, Miramar Beach, FL 32550

291 Scenic Gulf Dr Unit 601

Miramar Beach, FL 32550

  • 323 days on market
    • Price drop $25,000↓
Experience beachfront living at its finest with this sixth floor condominium in desirable Edgewater Beach Resort. Boasting incredible views of the Gulf of Mexico, this spacious 2-bedroom, 2-bathroom unit offers the perfect blend of 180 views and deeded beach access. Featuring an open and airy layout, with the living area seamlessly flowing into the dining space and kitchen. The oversized patio, accessible directly from the living room and primary suite serves as an extension of your living space and provides access to an outdoor covered balcony, just steps away from the pools and private beach. Ideal for entertaining, the well-appointed kitchen features stainless steel Kenmore appliances, extensive cabinetry, granite countertops, and breakfast bar.

Details

Property type

Condominium

Est. home value

$791,166

Lot size

Unknown

Price per sq ft

$597

Year built

1985

Monthly HOA fee

$1,391.95

Price History

03/29/2024
EmeraldCoast

EmeraldCoast #938812

Price change
$725,000
-3.33%
12/22/2023
EmeraldCoast

EmeraldCoast #938812

Listed
$750,000
+59.91%
05/04/2017
EmeraldCoast

EmeraldCoast #768204

Sold
$469,000

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

$599,861
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$67,139
Cash to seller
$599,861

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

Seller’s Loan History

Lender

Access Mtg Corp

Loan start date

July 2000

Original loan amount

$160,000

Est. remaining balance

$67,139

Interest rate

8.54%

Loan type

Not Provided, 30 year

Seller

Robert E Albright and Connie R Albright

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: 11/09/2024 at 11:45 AM

Listing updated: 10/30/2024 at 8:30 AM

Listed by: The Richards Group, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #938812

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