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$1,600,000

Beds
5
Baths
4.0
sq ft
4,588

3687 Mackey Cove Dr, Pensacola, FL 32514

3687 Mackey Cove Dr

Pensacola, FL 32514

  • 260 days on market
    • Price drop $150,000↓
***OPEN HOUSE THIS SATURDAY, November 9th from 1 pm until 3 pm*** Coastal living at its finest, boasting a host of upscale features. Enjoy breathtaking views from your living spaces and EVERY bedroom. As you drive up you will notice the large driveway and 3car side entry garage. Once inside you are greeted by a spacious foyer that leads you to the very open living, dining and kitchen. The view catches the eye first. The kitchen is a show stopper with abundant cabinets, granite countertops and an oversized pantry. For the few cold Florida nights we have, cozy up with the woodburning fireplace in the living room All along the back of the house on the second story is additional living space with a 4 season sun room. There are 2 primary bedrooms in this home as well. The first is on the 2ND floor and includes a fireplace, dual vanity and spacious walk-in closet. The second is on the third floor and also has a spacious closet, clawfoot tub and access to the new deck. Each floor has an additional guest room and bathroom. For convenience there is an ELEVATOR that goes from the ground level to the second story. Outside, sit back, relax, and savor every moment as you watch the spectacular Florida sunsets paint the sky in hues of orange and gold. Keep an eye out for playful dolphins and other fascinating wildlife that call Escambia Bay home, ensuring that each day is filled with awe-inspiring natural beauty. Grab your kayak or paddleboard and hit the water. There is a partial dock and boatlift and paver patio. Rest easy with a newer metal roof and PAID off solar panels. Current electric bill around $100.00 a month. For those seeking additional income opportunities, the possibility of short-term rentals adds an enticing element of versatility to this already exceptional property. Don't miss your chance to experience the epitome of waterfront luxury living. Schedule your private viewing today and prepare to embark on a new chapter of coastal elegance.

Details

Property type

Single Family Residence

Est. home value

$505,800

Lot size

0.52 acres

Price per sq ft

$349

Year built

1986

HOA

No

Price History

09/04/2024
Pensacola

Pensacola #640903

Listed
$1,600,000
09/01/2024
Pensacola

Pensacola #640903

Removed
$1,600,000
07/02/2024
Pensacola

Pensacola #640903

Price change
$1,600,000
-8.57%

Schools & Community

Elementary school: 

Ferry Pass

Middle school: 

Ferry Pass

High school: 

Washington

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

$775,187
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$696,813
Cash to seller
$775,187

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

Seller’s Loan History

Lender

Synovus Bank

Loan start date

December 2018

Original loan amount

$774,250

Est. remaining balance

$696,813

Interest rate

4.83%

Loan type

New Conventional, 30 year

Seller

Lincoln A Roland and Mary Ann Roland

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: 11/12/2024 at 2:50 PM

Listing updated: 11/04/2024 at 2:10 PM

Listed by: Dana Hardaker, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #640903

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