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$480,000

Beds
2
Baths
2.5
sq ft
1,152

340 Scenic Gulf Dr Unit 6, Miramar Beach, FL 32550

340 Scenic Gulf Dr Unit 6

Miramar Beach, FL 32550

  • 2 days on market
Why buy a condo with high HOA fees when you can own a townhouse across the street from the beach? Summerlake is a well-maintained community that allows short-term rentals, offering a low HOA fee that covers internet, cable, water/sewer, and trash. Location truly is everything-and this property is ideally situated with three public beach accesses leading to stunning white sand beaches, plus restaurants and retail shops, including the Silver Strand Premium Outlets. There are two deeded parking spaces right in front of the property & a community pool. This townhouse is one of just two units that has a second-floor balcony facing west over the lake with beautiful sunset views. Whether you're looking for a perfect summer getaway or a smart investment property, this townhouse has it all.

Details

Property type

Townhouse

Est. home value

$516,133

Lot size

1,307 sq ft

Price per sq ft

$417

Year built

1997

Monthly HOA fee

$378.5

Price History

03/01/2025
EmeraldCoast

EmeraldCoast #969877

Listed
$480,000
-3.61%
01/01/2025
EmeraldCoast

EmeraldCoast #946391

Removed
$498,000
08/27/2024
EmeraldCoast

EmeraldCoast #946391

Price change
$498,000
-2.35%

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

$57,168
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$384,432
Cash to seller
$57,168

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

December 2021

Original loan amount

$412,200

Est. remaining balance

$384,432

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Giovanni Alvarez and Summer Alvarez

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: 03/03/2025 at 4:15 AM

Listing updated: 03/02/2025 at 3:14 PM

Listed by: Kieu C Erickson, Kieu C Erickson, Kieu C Erickson, Kieu C Erickson, Kieu C Erickson, Lokation Phone #: (954) 545-5583

MLS: EmeraldCoast #969877

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