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$240,000

Beds
2
Baths
1.0
sq ft
868

308 Miracle Strip Pkwy SW Unit 35C, Fort Walton Beach, FL 32548

308 Miracle Strip Pkwy SW Unit 35C

Fort Walton Beach, FL 32548

  • 61 days on market
Proximity and affordability! VA ASSUMABLE LOAN!. Come see this 2 bed, 1 bath condo that combines the beauty of living on the Santa Rosa Sound and the convenience of being close to everything important. You'll have just a 5 minute drive to downtown FWB, 10 min to Okaloosa Island, 10 min to Hurlburt, 15 min to Eglin AFB, 30 min to 7th SFG and 30 min to downtown Destin. Fountainhead offers so many great owner amenities; sound access, pool, clubhouse, tennis court, and boat slip or kayak/trailer storage for rent. The seller is wiling to offer their VA assumable loan with a remaining principle of $222k at 3.125% and monthly P&I payments of $1,008. HVAC & HWH new in 2021. $20k spent on complete re-wiring of the property in 2022. Seller has paid in full the special assessment.

Details

Property type

Condominium

Est. home value

$187,600

Lot size

Unknown

Price per sq ft

$277

Year built

1980

Monthly HOA fee

$674.14

Price History

09/08/2024
EmeraldCoast

EmeraldCoast #958754

Listed
$240,000
+4.35%
03/18/2022
Pensacola

Pensacola #605548

Sold
$230,000
+187.86%
09/20/2016
EmeraldCoast

EmeraldCoast #752108

Sold
$79,900

Schools & Community

Elementary school: 

Edwins

Middle school: 

Bruner

High school: 

Fort Walton Beach

Community features: 

Pool, Tennis Court(s)

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

-$2,591
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$223,391
Cash to seller
-$2,591

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

Seller’s Loan History

Lender

Trident Home Loans Llc

Loan start date

March 2022

Original loan amount

$235,290

Est. remaining balance

$223,391

Interest rate

3.55%

Loan type

VA, 30 year

Seller

Alex Scott Holmes

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?

Status: Active

Tomo last checked: 11/08/2024 at 5:55 AM

Listing updated: 09/25/2024 at 8:46 AM

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

MLS: EmeraldCoast #958754

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