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$225,000

Beds
1
Baths
1.5
sq ft
830

4000 Gulf Terrace Dr Unit 171, Destin, FL 32541

4000 Gulf Terrace Dr Unit 171

Destin, FL 32541

  • 57 days on market
Tremendous opportunity to own in the heart of Destin ! Fully furnished and ready to move in, rent or keep it as a vacation home. Beautifully updated and super cozy, this condo features 1 bedroom, 1 full bath and a convenient half bath. Ground floor for easy access to the 3 pools, Tennis, outdoor grills and pond. Washer and dryer hook up in the unit. Close to the beach, truly in the heart of Destin ! Short Term/Vacation rental allowed.

Details

Property type

Condominium

Est. home value

$217,879

Lot size

Unknown

Price per sq ft

$272

Year built

1974

Monthly HOA fee

$498.38

Price History

07/23/2024
EmeraldCoast

EmeraldCoast #955398

Listed
$225,000
+147.25%
06/15/2020
EmeraldCoast

EmeraldCoast #845196

Sold
$91,000
+62.5%
06/27/2014
EmeraldCoast

EmeraldCoast #705729

Sold
$56,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

Community features: 

Gated, 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

$142,296
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$64,704
Cash to seller
$142,296

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

June 2020

Original loan amount

$71,000

Est. remaining balance

$64,704

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Sergio Gonzalo Martinez

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: 09/18/2024 at 9:05 PM

Listing updated: 08/08/2024 at 11:03 AM

Listed by: Alina R Ryder, The Realty Firm Inc Phone #: (850) 585-4869

MLS: EmeraldCoast #955398

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