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$398,000

Beds
1
Baths
1.0
sq ft
752

5002 S Sandestin Blvd Unit 6527, Miramar Beach, FL 32550

5002 S Sandestin Blvd Unit 6527

Miramar Beach, FL 32550

  • 88 days on market
    • Price drop $11,000↓
Welcome to coastal living at its finest in the prestigious Luau building within the Sandestin Golf & Beach Resort. This beautifully maintained and updated 1-bedroom, 1-bathroom condo on the 5th floor offers breathtaking Gulf views and an open floor plan designed for relaxation and comfort. Perfect for a vacation getaway or a high-return investment property, this unit comfortably sleeps six, with a queen sleeper sofa and two cozy bunk beds complementing the tranquil master suite.The condo comes fully furnished and rental-ready, featuring modern conveniences such as a keyless entry system and a full-size washer and dryer for added ease, and LVP flooring providing a fresh, contemporary feel...(see more) The private balcony is the ideal spot to enjoy your morning coffee or evening cocktail while soaking in the stunning Gulf views. The fully equipped kitchen is ready for preparing home-cooked meals. As part of the Luau community, owners and guests enjoy resort-style amenities, including a 4,000 sq ft saltwater lagoon pool with a swim-behind waterfall, hot tub, children's pool, outdoor grilling area, and an on-site fitness center. For those looking to relax and unwind, the top-floor sundeck offers panoramic views of the resort and coastline. Just a short stroll from the deeded beach, this condo provides the ultimate convenience. The Sandestin Resort itself spans over 2,400 acres, featuring 7 miles of beach and bayfront, 4 championship golf courses, a world-class tennis center, 19 swimming pools, a marina, and a fitness center. You'll also be near The Village of Baytowne Wharf, which offers an array of shopping, dining, and entertainment options. Whether you're seeking a peaceful retreat, an exciting getaway, or a prime investment opportunity, this condo at Luau in Sandestin has it all.

Details

Property type

Condominium

Est. home value

$410,978

Lot size

Unknown

Price per sq ft

$530

Year built

2006

Monthly HOA fee

$757.72

Price History

12/17/2024
EmeraldCoast

EmeraldCoast #960035

Price change
$398,000
-2.69%
10/23/2024
EmeraldCoast

EmeraldCoast #960035

Price change
$409,000
-2.39%
09/28/2024
EmeraldCoast

EmeraldCoast #960035

Listed
$419,000
-5.2%

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

$112,269
Asking price
$398,000
Closing costs (~8% of asking)
-$31,840
Est. remaining loan balance
-$253,891
Cash to seller
$112,269

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

July 2021

Original loan amount

$273,750

Est. remaining balance

$253,891

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Brent Vann and Karen Vann

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: 12/25/2024 at 4:00 AM

Listing updated: 12/17/2024 at 8:44 PM

Listed by: Nate J Kelly, Berkshire Hathaway HomeServices PenFed Realty Phone #: (850) 267-0013

MLS: EmeraldCoast #960035

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