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$2,999,000

Beds
8
Baths
7.0
sq ft
4,588

50 Los Angeles St, Miramar Beach, FL 32550

50 Los Angeles St

Miramar Beach, FL 32550

  • Pending
SELLER IS TAKING BACK UP OFFERS**ASK ABOUT CREATIVE OPTION**A stunning 8bd, 7bath coastal retreat nestled in desired Frangista Beach. Recently renovated, this 4,588 sq ft beauty is a short walk to the sugar-white sands and offers an exceptional blend of luxury and comfort.Designed w large groups in mind, features five king suites with private baths, game room, spacious bunk room, two laundry rooms and top floor queen loft, all fully furnished and turnkey. The home's rental potential is unmatched, with projected gross over $360K annually..........

Details

Property type

Single Family Residence

Est. home value

$3,149,100

Lot size

4,792 sq ft

Price per sq ft

$654

Year built

2005

Price History

09/26/2024
EmeraldCoast

EmeraldCoast #958626

Pending
$2,999,000
09/06/2024
EmeraldCoast

EmeraldCoast #958626

Listed
$2,999,000
-2.94%
08/29/2024
EmeraldCoast

EmeraldCoast #943774

Removed
$3,090,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

$748,622
Asking price
$2,999,000
Closing costs (~8% of asking)
-$239,920
Est. remaining loan balance
-$2,010,458
Cash to seller
$748,622

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

May 2022

Original loan amount

$2,100,000

Est. remaining balance

$2,010,458

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Rhoda Jiang

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: Pending/Under Contract

Tomo last checked: 11/03/2024 at 8:25 AM

Listing updated: 10/22/2024 at 8:35 AM

Listed by: Pete Appezzato, EXP Realty LLC Phone #: (888) 883-8509

MLS: EmeraldCoast #958626

EmeraldCoast logo

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