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$298,750

Beds
1
Baths
1.0
sq ft
700

485 Gulf Shore Dr Unit 205, Destin, FL 32541

485 Gulf Shore Dr Unit 205

Destin, FL 32541

  • 3 days on market
Rare Find!! One of the LOWEST PRICED CONDOS UNDER $300K in Holiday Isle with the LOWEST HOA FEES!! Seller is OFFERING $10,000 Use-Any-Way Money (buyer's choice: closing costs, buy down your rate or more) plus a Home Warranty for peace of mind. There is even an Assumable VA loan at 3.5% for Veterans. Dive into the heart of Destin's vibrant beach life at this charming condo on Holiday Isle! While not directly on the beach, enjoy the seclusion of this location with the private beach access just a short stroll away. Unwind on your private balcony after a day of soaking up the sun and adventures. This cozy haven exudes beachy vibes with stylish decor and modern touches. Luxury vinyl flooring throughout.Open kitchen boasting stainless steel appliances & a breakfast bar for 4. Large family room windows bathe the condo in sunshine, perfect for lazy afternoons. Breathtaking fireworks displays from your balcony. Retreat to the spacious bedroom offering a peaceful haven after a day of vacation festivities. The updated bathroom features a modern vanity and mirror. Enjoy the ultimate in convenience with in-unit laundry stackable washer and dryer.Head down to the Holiday Isle beach for some sandcastle building or take a quick water taxi ride to explore the lively harbor attractions.This condo offers the perfect blend of relaxation and easy access to all the excitement Destin has to offer. Don't miss out on this incredible opportunity!

Details

Property type

Condominium

Est. home value

$322,288

Lot size

Unknown

Price per sq ft

$427

Year built

1984

Monthly HOA fee

$392

Price History

01/03/2025
EmeraldCoast

EmeraldCoast #965555

Listed
$298,750
-6.6%
10/01/2024
EmeraldCoast

EmeraldCoast #947326

Removed
$319,850
08/01/2024
EmeraldCoast

EmeraldCoast #947326

Price change
$319,850
-3.03%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

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

$142,617
Asking price
$298,750
Closing costs (~8% of asking)
-$23,900
Est. remaining loan balance
-$132,233
Cash to seller
$142,617

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

Seller’s Loan History

Lender

Centennial Bank

Loan start date

July 2019

Original loan amount

$148,117

Est. remaining balance

$132,233

Interest rate

3.82%

Loan type

VA, 30 year

Seller

Matthew Austin Massey

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: 01/06/2025 at 10:40 PM

Listing updated: 01/04/2025 at 8:01 PM

Listed by: The Schultz Team, EXP Realty LLC Phone #: (888) 883-8509

MLS: EmeraldCoast #965555

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