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$499,000

Beds
1
Baths
1.0
sq ft
767

468 Abalone Ct Unit 11, Fort Walton Beach, FL 32548

468 Abalone Ct Unit 11

Fort Walton Beach, FL 32548

  • 6 days on market
Rated ''One of the Most Loved Homes on Airbnb'' by guests with a 4.95-star rating from 160 glowing reviews and generated a rental revenue of approximately $49K in 2024 (with 5+ months of owner usage), over $62K in 2023 and over 69K in 2022 (with around 2.5-3 months of owner usage in those years). This stunning ground-floor beachfront condo offers an unbeatable combination of luxury & convenience and performs as a permanent residence, a beachfront getaway or a rental investment. Direct egress to the beach from your private patio! Outside the front door there is designated parking and an assigned storage closet to the right, making for added convenience. The unit conveys ''turnkey'' including furniture, decor, all accessories & appliances, including an indoor washer and dryer. The owner typically lived-full time in the unit during the off-seasons. The unit conveys "turnkey" with high-quality furniture and d??cor, and all furnishings and appliances, including an indoor washer and dryer. A new outdoor A/C unit was installed in 2022. Water Heater 2020. Inside A/C unit 2011 good service reports Jan 2025. The low-density building has only 9 units, and allows short-term rentals and pets. The HOA fee covers high-speed internet, cable, water, trash, insurance, reserves, a CAM (Community Association Manager) and a part-time building maintenance person. The building has cleared the milestone study. The unit will convey with the option to the buyer of keeping any/all future rental bookings, offering an immediate rental revenue stream.

Details

Property type

Condominium

Est. home value

$468,352

Lot size

Unknown

Price per sq ft

$651

Year built

1982

Monthly HOA fee

$675

Price History

01/16/2025
EmeraldCoast

EmeraldCoast #966539

Listed
$499,000
+57.91%
04/06/2021
EmeraldCoast

EmeraldCoast #862249

Sold
$316,000
+67.2%
11/30/2016
EmeraldCoast

EmeraldCoast #763140

Sold
$189,000

Schools & Community

Elementary school: 

Edwins

Middle school: 

Bruner

High school: 

Fort Walton Beach

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

Regions Bank

Loan start date

April 2021

Original loan amount

$189,600

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Anil Nain

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: 01/22/2025 at 10:10 PM

Listing updated: 01/17/2025 at 1:24 PM

Listed by: Gena L Bolton, Gena Bolton, Gena Bolton, Gena L Bolton, Gena Bolton, Gena L Bolton, Gena L Bolton, Sandestin Real Estate Phone #: (850) 267-8100

MLS: EmeraldCoast #966539

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