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$1,775,000

Beds
4
Baths
4.0
sq ft
3,325

48 Ruth St, Miramar Beach, FL 32550

48 Ruth St

Miramar Beach, FL 32550

  • 62 days on market
    • Price drop $75,000↓
WOW! This custom-built home has everything you could ask for including gleaming engineered hardwoods, Viking refrigerator, gas stovetop, marble countertops, & built-in surround sound just to name a few. The over 3300 sq. ft. of luxury includes 4 bedrooms each with it's own ensuite bath. The spacious flex room upstairs has endless possibilities, and could easily fit 4 bunkbeds. Outside, a screened-in lanai along with a private, fenced backyard provides year-round enjoyment. The oversized one-car garage will fit a golf cart and SUV. Top of the line home furnishings with a few exclusions are included. This home is located behind the gates of the Villas of Frangista within 1/2 mile of the gated, beach access, restaurants. This home is a show-stopper and has never been on a rental program. You won't find anything "builder grade" and everything has been meticulously maintained. X Flood Zone and a newer metal roof gives extra peace of mind during storm season. A community pool is also available - all that's left to bring is you! Welcome home!

Details

Property type

Single Family Residence

Est. home value

$1,572,349

Lot size

5,227 sq ft

Price per sq ft

$534

Year built

2013

Monthly HOA fee

$150

Price History

03/01/2025
EmeraldCoast

EmeraldCoast #967412

Price change
$1,775,000
-4.05%
01/31/2025
EmeraldCoast

EmeraldCoast #967412

Listed
$1,850,000
+135.67%
12/01/2020
EmeraldCoast

EmeraldCoast #855898

Sold
$785,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, 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

$1,276,671
Asking price
$1,775,000
Closing costs (~8% of asking)
-$142,000
Est. remaining loan balance
-$356,329
Cash to seller
$1,276,671

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

Seller’s Loan History

Lender

Progress Bank & Trust

Loan start date

December 2020

Original loan amount

$395,000

Est. remaining balance

$356,329

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

John K Devries and Allison Devries

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: 04/03/2025 at 4:10 AM

Listing updated: 03/01/2025 at 7:09 PM

Listed by: Michele A Warneke, Michele A Warneke, Keller Williams Realty Destin Phone #: (850) 654-2900

MLS: EmeraldCoast #967412

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