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$1,699,900

Beds
4
Baths
4.5
sq ft
3,340

503 Regatta Bay Blvd, Destin, FL 32541

503 Regatta Bay Blvd

Destin, FL 32541

  • 119 days on market
    • Price drop $50,000↓
It's all about the VIEW! 503 Regatta Bay is located on the 16th tee in coveted Regatta Bay Lakes. An excellent home for entertaining, the screened in pool lanai with built outdoor kitchen allows for al fresco dining while you watch the sunset and fireworks twice a year bug free. The pool bathroom helps keep water contained outside and . there are door alarms for peace of mind with little ones. This multi-generational home offers 2 large primary suites on main level, one has built in his/hers closets while the other is ADA compliant and also has large walk in closet that fits a wheelchair. Upstairs covered lanai has amazing views and is perfect for watching football, reading a book or relaxing. Upstairs media room/4th bedroom has kitchenette with two fridges, dishwasher and sink.

Details

Property type

Single Family Residence

Est. home value

$1,516,985

Lot size

Unknown

Price per sq ft

$509

Year built

2004

Monthly HOA fee

$298.33

Price History

08/26/2024
EmeraldCoast

EmeraldCoast #950548

Price change
$1,699,900
-2.86%
05/23/2024
EmeraldCoast

EmeraldCoast #950548

Price change
$1,749,900
+0.05%
05/23/2024
EmeraldCoast

EmeraldCoast #950548

Listed
$1,749,000
+109.46%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

$1,170,600
Asking price
$1,699,900
Closing costs (~8% of asking)
-$135,992
Est. remaining loan balance
-$393,308
Cash to seller
$1,170,600

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

Seller’s Loan History

Lender

Mld Mortgage

Loan start date

September 2020

Original loan amount

$431,100

Est. remaining balance

$393,308

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

William Scott Johnson and Jan Johnson

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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473 Captains Cir, Destin, FL 32541

Status: Active

Tomo last checked: 09/19/2024 at 6:40 PM

Listing updated: 09/07/2024 at 3:34 PM

Listed by: Erin Treadwell, Erin A Treadwell, Erin A Treadwell, Erin Treadwell, Erin Treadwell, Mainsail Realty Company Phone #: (850) 585-1284

MLS: EmeraldCoast #950548

EmeraldCoast logo

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