tomo logo

$1,275,000

Beds
4
Baths
3.0
sq ft
3,396

509 Pocahontas Dr, Fort Walton Beach, FL 32547

509 Pocahontas Dr

Fort Walton Beach, FL 32547

  • 177 days on market
    • Price drop $25,000↓
Stunning waterfront property in the Cinco Bayou area. 4 bed, 3 bath home sits on over 1/2 acre, and has a deep water dock. LVP Flooring throughout the home. Updated kitchen with quartz counter tops and tile backsplash, a large island with a breakfast bar and stainless appliances. The Florida Room walks out to the beautifully treed back yard, for plenty of shade while sitting on the deck enjoying the view. Solar panels were installed in 2022 and a new roof was installed in 2020. Currently being used as an Airbnb, but this would make a wonderful place to call home if you have always dreamed of living on the water. Centrally located to the Military bases, shopping and restaurants or a short boat ride to Destin & Crab Island.

Details

Property type

Single Family Residence

Est. home value

$1,325,498

Lot size

0.52 acres

Price per sq ft

$376

Year built

1968

Price History

08/07/2024
EmeraldCoast

EmeraldCoast #951115

Price change
$1,275,000
-1.92%
05/30/2024
EmeraldCoast

EmeraldCoast #951115

Listed
$1,300,000
+4%
04/29/2024
EmeraldCoast

EmeraldCoast #942857

Removed
$1,250,000

Schools & Community

Elementary school: 

Wright

Middle school: 

Pryor

High school: 

Choctawhatchee

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

$171,438
Asking price
$1,275,000
Closing costs (~8% of asking)
-$102,000
Est. remaining loan balance
-$1,001,562
Cash to seller
$171,438

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$1,043,884

Est. remaining balance

$1,001,562

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Christopher Cathey and Austyn Cathey

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?

Similar Homes Nearby

EmeraldCoast
$1,297,000
4 bd
|
3.5 ba
|
4,597 sq ft
|
House

235 Linstew Dr NW, Fort Walton Beach, FL 32548

Price drop
EmeraldCoast
$1,100,000
3 bd
|
2.5 ba
|
2,706 sq ft
|
House

901 Lighthouse Rd, Fort Walton Beach, FL 32547

Status: Active

Tomo last checked: 11/23/2024 at 2:45 PM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Justin Myers, Justin Myers, Justin Myers, Justin B Myers, Justin B Myers, EXP Realty LLC Phone #: (850) 460-2900

MLS: EmeraldCoast #951115

EmeraldCoast logo