$599,900

Seller could get up to $445,973

Learn how this information can help you negotiate

Beds: 2
Baths: 2.0
sq ft: 950

510 Gulf Shore Dr Unit 520, Destin, FL 32541

510 Gulf Shore Dr Unit 520

Destin, FL 32541

135 days on market

Price drop $5,000↓

NEW PRICE - Welcome to your waterfront retreat! This delightful 2-bedroom, 2-bath condo, nestled on the 5th floor, presents an exceptional opportunity for those seeking a coastal lifestyle or a lucrative vacation rental venture. With 950 square feet of space, this residence offers a captivating beachfront experience, boasting stunning vistas of the renowned Emerald Coast along the Gulf of Mexico.Step inside to discover a haven of contemporary elegance. The kitchen entices with its sleek quartz countertops, convenient breakfast bar, and pristine white cabinetry complemented by matching appliances. Throughout the condo, 18-inch tiles adorn the floors, adding a touch of modern sophistication and seamless flow to the space. The living and dining areas seamlessly blend together, creating an

Details

Property type

Condominium

Est. home value

$677,100

Lot size

Unknown

Price per sq ft

$632

Year built

1975

Monthly HOA fee

$879.68

Price History

07/01/2024

EmeraldCoast #949326

Price change

$599,900

-0.83%

05/24/2024

EmeraldCoast #949326

Price change

$604,900

-5.44%

05/07/2024

EmeraldCoast #949326

Listed

$639,700

-3.8%

Schools & Community

Elementary school:

Destin

Middle school:

Destin

High school:

Fort Walton Beach

Community features: Gated, Pool, Tennis Court(s)

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

$445,973

Asking price

$599,900

Closing costs (~8% of asking)

-$47,992

Est. remaining loan balance

-$105,935

Cash to seller

$445,973

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

Seller’s Loan History

Lender

Gulf Coast Bank & Trust Co

Loan start date

September 2016

Original loan amount

$202,400

Est. remaining balance

$105,935

Interest rate

2.74%

Loan type

New Conventional, 15 year

Seller

Jonathon A Russell

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: 09/19/2024 at 11:50 PM

Listing updated: 07/01/2024 at 3:39 PM

Listed by: Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia R Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia R Roberson, Coldwell Banker Realty Phone #: (850) 650-4563

MLS: EmeraldCoast #949326

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