tomo logo

$824,700

Beds
3
Baths
2.0
sq ft
1,609

506 Gulf Shore Dr Unit 319, Destin, FL 32541

506 Gulf Shore Dr Unit 319

Destin, FL 32541

  • 303 days on market
    • Price drop $17,300↓
End of year reduction grab this unit before the spring Boom. 75k+ Revenue 2024 Experience coastal elegance in this meticulously decorated large Corner unit 3-bed, 2-bath condo. Revel in private beach and harbor views from tastefully adorned rooms. A gourmet kitchen, luxurious master suite, and private balcony await. With direct beach access and a stylish pool, indulge in coastal luxury with additional windows for Sunshine. If investing is your goal this 3 bedroom will help you create revenue to help your decision. Newly resurfaced pickel Ball courts. All assessments have been paid in full. Make this your new residence for coastal living or next investment property to add to your portfolio. Located in the sought after Holiday Isle next to the Destin Harbor, Famous Crab Island

Details

Property type

Condominium

Est. home value

$806,412

Lot size

Unknown

Price per sq ft

$513

Year built

1982

Monthly HOA fee

$736.97

Price History

12/06/2024
EmeraldCoast

EmeraldCoast #942981

Price change
$824,700
-2.05%
11/22/2024
EmeraldCoast

EmeraldCoast #942981

Price change
$842,000
-0.06%
11/07/2024
EmeraldCoast

EmeraldCoast #942981

Price change
$842,500
-0.64%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

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

$429,094
Asking price
$824,700
Closing costs (~8% of asking)
-$65,976
Est. remaining loan balance
-$329,630
Cash to seller
$429,094

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

Seller’s Loan History

Lender

First Florida Bank

Loan start date

May 2019

Original loan amount

$368,000

Est. remaining balance

$329,630

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Jorge Orlando Zapata

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: 12/22/2024 at 12:20 PM

Listing updated: 12/06/2024 at 10:09 AM

Listed by: James B Taylor, James B Taylor, Pensacola Beach Properties Real Estate Sales Phone #: (850) 308-0804

MLS: EmeraldCoast #942981

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