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$1,585,000

Beds
3
Baths
2.5
sq ft
3,008

404 Kelly Plantation Dr Unit 1405, Destin, FL 32541

404 Kelly Plantation Dr Unit 1405

Destin, FL 32541

  • 270 days on market
    • Price drop $10,000↓
This rare, high-floor condominium residence claims one of the most ideal locations at Destin's prestigious One Water Place in Kelly Plantation! Its eastern location on the 14th floor of the second building means it features sweeping vistas over Choctawhatchee Bay, the beautiful greenery of Kelly Plantation's preserve land, the Fred Couples Golf Course, the pool and hot tub amenities, and much more, including gorgeous sunrises year round from nearly every room! One Water Place does not permit short-term rentals as this property is ideal for your primary or secondary residence. The Edgewood floorplan is highly functional and features one of the largest master bedroom closets, an easy flow for entertaining, along with traditional separation of space for everyday living. The residence includes some upgrades, such as new outdoor kitchen area, EV power in parking garage, entry doors in vestibule, newer HVAC units, and more! One Water Place owners are also entitled to utilize the amenities of Kelly Plantation, the guard-gated community through which One Water Place is located, offering tennis and golf (green fees apply), in addition to the array of the spectacular amenities of One Water Place. Enjoy the Destin Emerald Coast Lifestyle at its finest! Call to coordinate your showing today!

Details

Property type

Condominium

Est. home value

$1,286,782

Lot size

Unknown

Price per sq ft

$527

Year built

2007

Monthly HOA fee

$2,046

Price History

12/01/2024
EmeraldCoast

EmeraldCoast #945844

Price change
$1,585,000
-0.63%
05/29/2024
EmeraldCoast

EmeraldCoast #945844

Price change
$1,595,000
-3.33%
03/28/2024
EmeraldCoast

EmeraldCoast #945844

Listed
$1,650,000
+114.29%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

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

$913,167
Asking price
$1,585,000
Closing costs (~8% of asking)
-$126,800
Est. remaining loan balance
-$545,033
Cash to seller
$913,167

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

August 2018

Original loan amount

$616,000

Est. remaining balance

$545,033

Interest rate

4.52%

Loan type

New Conventional, 30 year

Seller

Jeffrey R Riemer Sr and Donna E Riemer

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: 12/23/2024 at 6:10 AM

Listing updated: 12/01/2024 at 11:54 AM

Listed by: John Paul Somers, John Paul Somers, Somers & Company Phone #: (850) 654-7777

MLS: EmeraldCoast #945844

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