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$1,329,000

Beds
4
Baths
3.0
sq ft
2,200

40 Sarasota St, Miramar Beach, FL 32550

40 Sarasota St

Miramar Beach, FL 32550

  • 54 days on market
    • Price drop $20,000↓
Welcome to 40 Sarasota St - Your Turnkey Coastal Retreat in the Heart of Destin!This fully furnished and renovated (2022) home offers the perfect combination of comfort & functionality. Nestled in the sought-after Miramar Beach area, the house is a 3 min short walk from a private deeded beach access, making it a standout investment opportunity or a second home! NO HOA!The main house boasts 3 spacious bedrooms, 3 modern baths, an open-concept living area with an oversized chef's kitchen, island w quartz countertops, perfect for entertaining. upstairs an office + a huge master ensuiteFully fenced back yard hosts an Above-Ground Heated Pool, Gas grill, a separate Guest house, with another bed & full bath and a small kitchen.Ev charger + large driveway and plenty of decks

Details

Property type

Single Family Residence

Est. home value

$1,015,621

Lot size

4,792 sq ft

Price per sq ft

$605

Year built

1992

Price History

02/14/2025
EmeraldCoast

EmeraldCoast #965476

Price change
$1,329,000
-1.48%
01/02/2025
EmeraldCoast

EmeraldCoast #965476

Listed
$1,349,000

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

$809,038
Asking price
$1,329,000
Closing costs (~8% of asking)
-$106,320
Est. remaining loan balance
-$413,642
Cash to seller
$809,038

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

Seller’s Loan History

Lender

Primelending

Loan start date

January 2021

Original loan amount

$455,200

Est. remaining balance

$413,642

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

David Philipson and Liat Philipson

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: 02/25/2025 at 1:10 AM

Listing updated: 02/14/2025 at 10:04 AM

Listed by: Liat Philipson, Lokation Phone #: (954) 545-5583

MLS: EmeraldCoast #965476

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