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$699,000

Beds
3
Baths
3.0
sq ft
1,347

520 Santa Rosa Blvd Unit 517, Fort Walton Beach, FL 32548

520 Santa Rosa Blvd Unit 517

Fort Walton Beach, FL 32548

  • 107 days on market
    • Price drop $36,000↓
Why dream about enjoying your morning coffee while overlooking the gulf when you can now make it a reality. 3 Bedroom 3 bath beach oasis ready for you to entertain family and guests and turn it into a profitable vacation rental. Seller is willing to leave everything furnished so all that is needed now is you!!! Escape onto the balcony from either the living room or the master bedroom. The master bedroom is oriented just to be able to wake up and look straight out onto the beach gulf! HVAC and appliances replaced in 2017. Granite countertops and new LVP flooring installed in 2023. New dishwasher installed in 2024. Washer/dryer replaced in 2023 as well new motors in all 3 bathroom extractor vents. Some of the condo features include a heated pool, fitness center, and beach access are just some of the amenities. Many fun attractions in the area including golf courses,restaurants, shopping centers.Beach service and one assigned covered parking spot are included.

Details

Property type

Condominium

Est. home value

$681,144

Lot size

Unknown

Price per sq ft

$519

Year built

1999

Monthly HOA fee

$1,101.29

Price History

09/11/2024
EmeraldCoast

EmeraldCoast #956552

Price change
$699,000
-4.9%
08/08/2024
EmeraldCoast

EmeraldCoast #956552

Listed
$735,000
+12.21%
04/14/2023
EmeraldCoast

EmeraldCoast #912920

Sold
$655,000

Schools & Community

Elementary school: 

Elliott Point

Middle school: 

Bruner

High school: 

Fort Walton Beach

Community features: 

Pool

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

$128,533
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$514,547
Cash to seller
$128,533

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

Seller’s Loan History

Lender

Bankplus

Loan start date

April 2023

Original loan amount

$524,000

Est. remaining balance

$514,547

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Michael David Read and Karin Rasmussen Read

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: 11/23/2024 at 12:30 PM

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

Listed by: Tomasz Bielenin, Tomasz A Bielenin, RE/MAX Agency One Phone #: (850) 682-8309

MLS: EmeraldCoast #956552

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