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$270,867Estimated home value

Beds
2
Baths
1.0
sq ft
850

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

306 Barracuda Ave Unit 6

Fort Walton Beach, FL 32548

  • Sold On 2/28/2022
Looking for your investment property, second home, or just want to live by the beach? Look no further! This sought after condo is within walking distance to the beautiful, white, sandy beaches of Okaloosa Island and the intercoastal way. Feel free to walk to many restaurant options and all that Okaloosa Island has to offer. Here you can experience the true Floridian lifestyle! This ground floor unit comes with a great court yard area to relax and soak up the sun. It's Air Bnb and rent ready. Coming fully furnished down to all the linens, towels, dish-ware, beach supplies, and cleaning products. Also two designated parking spots come with the unit. Just start making money, or move right in. Building is equipped with Central Air and owner has added additional units to keep this place extra

Details

Property type

Condominium

Est. home value

$270,867

Lot size

Unknown

Price per sq ft

$295

Year built

1970

Monthly HOA fee

$244.29

Price History

03/10/2025
EmeraldCoast

EmeraldCoast #944923

Removed
$315,000
01/04/2025
EmeraldCoast

EmeraldCoast #944923

Price change
$315,000
-1.22%
09/12/2024
EmeraldCoast

EmeraldCoast #944923

Listed
$318,900

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

$103,353
Asking price
$249,999
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$126,646
Cash to seller
$103,353

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

$126,646

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: Off Market

Tomo last checked: 04/02/2025 at 4:35 AM

Listing updated: 10/24/2024 at 10:51 PM

Listed by: Whitney E Cooley, Whitney E Cooley, Whitney E Cooley, Whitney E Cooley, Better Homes and Gardens Real Estate Emerald Coast Phone #: (850) 837-8880

MLS: EmeraldCoast #888782

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