tomo logo

$1,675,000

Beds
6
Baths
6.0
sq ft
3,215

40 W Palm Beach Ct, Miramar Beach, FL 32550

40 W Palm Beach Ct

Miramar Beach, FL 32550

  • 216 days on market
    • Price drop $25,000↓
Bottom Line up front!!! PRICED TO SELL BELOW MARKET VALUE PRICE REDUCED 300K!! Revenue Forecast for 2024 - $231K Rentals are booked!! 74K already on the books for 2024!!! Proven Track record of a solid investment! 2023 161K so far, 209K in 2022, 199K in 2021, 169K in 2020.Turn-key vacation home or vacation rental with private deeded beach access. This property can accommodate guests with ease and spacious living areas. Comfort and luxury throughout 6 separate bedrooms, 7 bathrooms, a private pool with an open deck with grilling area as well as a hot tub for hours of outdoor enjoyment.

Details

Property type

Single Family Residence

Est. home value

$1,881,422

Lot size

4,792 sq ft

Price per sq ft

$521

Year built

2006

Price History

06/06/2024
EmeraldCoast

EmeraldCoast #946714

Price change
$1,675,000
-1.47%
04/07/2024
EmeraldCoast

EmeraldCoast #946714

Listed
$1,700,000
02/09/2024
EmeraldCoast

EmeraldCoast #933390

Removed
$1,700,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lendinghome Funding Corp

Loan start date

January 2021

Original loan amount

$933,400

Est. remaining balance

Not provided

Interest rate

2.71%

Loan type

Commercial

Seller

D Alexander Fund I Lp

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: 11/09/2024 at 11:40 AM

Listing updated: 10/29/2024 at 10:45 PM

Listed by: Dawn Burt, Dawn Burt, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: EmeraldCoast #946714

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