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$318,900

Beds
2
Baths
1.0
sq ft
773

306 Barracuda Ave Unit 6, Fort Walton Beach, FL 32548

306 Barracuda Ave Unit 6

Fort Walton Beach, FL 32548

  • 253 days on market
    • Price drop $10,000↓
Exceptional investment or vacation retreat at Waymar Condominiums that sleeps 6. Positioned just steps from the Blue Dolphin Beachwalk and minutes from the iconic Okaloosa Fishing Pier and restaurants. Recent remodel with modernized utilities and stainless steel appliances, striking new kitchen cabinetry, quartz countertops and tile backsplash, LVP flooring throughout, fresh paint, and an updated bathroom. This turnkey property comes fully furnished and is positioned as an end ground floor unit, providing two assigned parking spots directly in front of property. The backdoor leads to a fully fenced community courtyard. Waymar is comprised of only 8 units, offering the quiet and intimate setting one desires in a coastal lifestyle. You'll adore the primary bedroom, complete with a king-size bed, while the guest bedroom offers two twin beds for additional comfort. A full bathroom with shower/tub serves both bedrooms. Plus, a sofa pullout provides extra sleeping space for a total of 6 guests. This unit is fully equipped for vacation rentals, featuring an owners closet and a stackable in-unit washer and dryer for added convenience. The exterior has gone through extensive updates and continues to be well maintained and hassle free, allowing you to come home and fully embrace the 3 minute walk to the beach and all of what the Emerald Coast has to offer.

Details

Property type

Condominium

Est. home value

$270,867

Lot size

Unknown

Price per sq ft

$413

Year built

1970

Monthly HOA fee

$450

Price History

09/12/2024
EmeraldCoast

EmeraldCoast #944923

Listed
$318,900
09/10/2024
EmeraldCoast

EmeraldCoast #944923

Removed
$318,900
07/26/2024
EmeraldCoast

EmeraldCoast #944923

Price change
$318,900
-3.04%

Schools & Community

Elementary school: 

Elliott Point

Middle school: 

Bruner

High school: 

Fort Walton Beach

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

$165,561
Asking price
$318,900
Closing costs (~8% of asking)
-$25,512
Est. remaining loan balance
-$127,827
Cash to seller
$165,561

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

Seller’s Loan History

Lender

First Centennial Mortgage Corp

Loan start date

February 2022

Original loan amount

$135,000

Est. remaining balance

$127,827

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

John D Rizzo and Gail Anne Rizzo

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 3:05 PM

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

Listed by: Abbott Martin Group, EXP Realty LLC Phone #: (850) 460-2900

MLS: EmeraldCoast #944923

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