tomo logo

$605,000

Beds
2
Baths
2.5
sq ft
1,164

5000 S Sandestin South Boulevard Unit 6409/6411, Miramar Beach, FL 32550

5000 S Sandestin South Boulevard Unit 6409/6411

Miramar Beach, FL 32550

  • 196 days on market
    • Price drop $10,000↓
If you are looking to purchase an established investment property, look no further. Welcome to KonaKai - A 2 bedroom, 2.5 bath lockout, corner unit at Luau in Sandestin. This dual-suite offers so much such as, gulf views, private balcony, ceramic plank flooring, owner storage cage, and much more. This property is being sold fully furnished and turnkey ready. These dual-suite units are great if you want the opportunity to use your investment while it's being rented. Or maybe you are visiting with friends and need to spread out. Either way, this dual-suite has you covered. Let's talk amenities: At Luau you have the lagoon style pool with waterfall, seasonal tiki bar, kiddie pool, and hot tub. And it's just a short distance to the deeded beach access.

Details

Property type

Condominium

Est. home value

$544,971

Lot size

Unknown

Price per sq ft

$520

Year built

2006

Monthly HOA fee

$1,102.64

Price History

05/30/2024
EmeraldCoast

EmeraldCoast #944176

Price change
$605,000
-1.63%
04/19/2024
EmeraldCoast

EmeraldCoast #944176

Price change
$615,000
-1.6%
03/08/2024
EmeraldCoast

EmeraldCoast #944176

Listed
$625,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

$182,651
Asking price
$605,000
Closing costs (~8% of asking)
-$48,400
Est. remaining loan balance
-$373,949
Cash to seller
$182,651

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

Seller’s Loan History

Lender

Walton Funding Llc

Loan start date

September 2022

Original loan amount

$385,000

Est. remaining balance

$373,949

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Elesvan Patino Oliveres and Orquidea Scott Maldonado

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: 09/20/2024 at 8:40 AM

Listing updated: 09/04/2024 at 11:44 AM

Listed by: Justin A Endsley, Gulf Realty 30A LLC Phone #: (850) 687-1261

MLS: EmeraldCoast #944176

EmeraldCoast logo

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