tomo logo

$824,900

Beds
2
Baths
2.0
sq ft
1,182

296 Milestone Dr Unit C, Inlet Beach, FL 32461

296 Milestone Dr Unit C

Inlet Beach, FL 32461

  • 107 days on market
    • Price drop $14,100↓
THIS UNIT IS A RENTAL MACHINE, WITH OVER $62K IN RENTAL INCOME IN 2024 AND $29K ALREADY ON THE BOOKS FOR 2025!! Showcasing high-end furnishings and neutral coastal boho decor, this luxury two-bedroom, two-bath townhouse is located on the north side of Prominence on 30A. Ideal for investors looking for instant income or owners looking for a second home beach retreat, this fully furnished home offers the convenience of a 6-person golf cart and bikes for exploring the beauty of 30A along the Emerald Coast. The tasteful ambiance paired with cozy furnishings ensures a relaxing and comfortable space for owners and guests. The fully-equipped townhome boasts a one-car garage, 10' ceilings, Engineered wood flooring, new lighting, and an extended covered patio, ideal for watching the sun go down. The chef's kitchen offers quartz countertops, a farmhouse sink, and stainless steel ElectroLux appliances, with a natural gas cooktop. The primary suite offers a king bed and dual vanities, while the second bedroom features a king size bed with an overhead twin bunk, offering comfort and convenience to the outdoor covered patio. Enjoy the seamless flow of this floor-plan, where living space, bedrooms, and laundry are located on one level, providing the ultimate convenience of one-story living. Prominence is conveniently located to multiple beach accesses and the pristine Deer Lake State Park, which is home to walking trails, beach accesses and newly renovated facilities, as well as some of 30A's best shopping, dining & entertainment. Just across the street from the townhome is the 'Big Chill' which features several restaurants and an outdoor theater that regularly hosts live music, exercise classes, movie nights and live sporting events. Prominence is also home to two resort-style pools, a fitness center and has its own shuttle service to the beach during season. This splendid townhome has a successful rental history with five-star ratings and more than $62K in annual rental income this past year. Don't miss a chance to own this beautiful townhome in this vibrant community.

Details

Property type

Townhouse

Est. home value

$836,695

Lot size

Unknown

Price per sq ft

$698

Year built

2019

Monthly HOA fee

$541.45

Price History

11/14/2024
EmeraldCoast

EmeraldCoast #956442

Price change
$824,900
-1.68%
09/29/2024
EmeraldCoast

EmeraldCoast #956442

Price change
$839,000
-0.59%
09/07/2024
EmeraldCoast

EmeraldCoast #956442

Price change
$844,000
-0.59%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

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

$99,721
Asking price
$824,900
Closing costs (~8% of asking)
-$65,992
Est. remaining loan balance
-$659,187
Cash to seller
$99,721

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

Seller’s Loan History

Lender

Acc Mortgage Inc

Loan start date

May 2023

Original loan amount

$670,400

Est. remaining balance

$659,187

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Agc Investments Company Inc

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 6:45 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Kandace N Tomes-Holland, Kandace N Tomes-Holland, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #956442

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