tomo logo

$1,075,000

Beds
3
Baths
3.5
sq ft
1,870

520 Gulf Shore Dr Unit 301, Destin, FL 32541

520 Gulf Shore Dr Unit 301

Destin, FL 32541

  • 22 days on market
Experience unparalleled beachfront living in this beautiful three-story, corner-unit condo located directly on the Gulf of Mexico. Situated in the highly sought-after Aegean community, this 3-bedroom, 3.5-bath property offers stunning panoramic views and a beachy-chic aesthetic that perfectly captures the essence of coastal living.Step inside to discover a thoughtfully updated interior that combines comfort and style. The condo has recently undergone a total renovation, featuring brand-new flooring throughout, fresh paint, and stylish updated furniture and fixtures. The first floor welcomes you with an open and inviting layout, where the living, dining, and kitchen areas flow seamlessly. The open floor plan creates an inviting space for gathering, with large sliding glass doors that frame the mesmerizing views of the Gulf. The living area opens to a private balcony where you can enjoy your morning coffee with the sunrise or unwind with evening cocktails as you watch fishing boats return to the pass. On the second floor you'll find the primary suite, a private sanctuary designed to immerse you in the beauty of the Gulf. Wake up to the gentle sound of waves and step onto your own private balcony to take in uninterrupted views of the turquoise waters stretching to the horizon. This serene retreat features ample space, an en suite bathroom, and thoughtful details that create an atmosphere of relaxation. This level also includes an additional bedroom with an en suite bath and a convenient laundry area. The third floor features a large loft-style bedroom with its own full bath, creating a versatile retreat. Whether used as a private suite or a flexible space for additional guests, this top-level sanctuary adds to the home's unique charm and functionality. The Aegean community offers a host of amenities to elevate your coastal lifestyle, including complimentary beach service, a sparkling pool, BBQ grills, and tennis and shuffleboard courts. Extensive exterior renovations are currently underway and are scheduled for completion by February 2024, ensuring a fresh, modern look for years to come. This condo is being sold fully furnished (with exception of the art over the Living Room sofa) and turn-key ready, making it an ideal choice for a full-time residence, vacation retreat, or income-generating rental property. Whether you're seeking a relaxing escape or a vibrant beachfront lifestyle, this property delivers the perfect blend of comfort, style, and unbeatable location.

Details

Property type

Condominium

Est. home value

$946,626

Lot size

Unknown

Price per sq ft

$575

Year built

1975

Monthly HOA fee

$1,278

Price History

11/29/2024
EmeraldCoast

EmeraldCoast #963845

Listed
$1,075,000
+42.2%
07/30/2021
EmeraldCoast

EmeraldCoast #870241

Sold
$756,000
+38.51%
07/12/2017
EmeraldCoast

EmeraldCoast #776015

Sold
$545,800

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

$666,712
Asking price
$1,075,000
Closing costs (~8% of asking)
-$86,000
Est. remaining loan balance
-$322,288
Cash to seller
$666,712

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

Seller’s Loan History

Lender

Hometown Lenders Inc

Loan start date

July 2021

Original loan amount

$400,000

Est. remaining balance

$322,288

Interest rate

2.23%

Loan type

New Conventional, 15 year

Seller

Patricia Kokoshis Farris

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 12:05 AM

Listing updated: 12/04/2024 at 1:38 PM

Listed by: Spears Group, Spears Group, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #963845

EmeraldCoast logo

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