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$905,000

Beds
3
Baths
3.0
sq ft
1,920

554 Coral Ct Unit 401, Fort Walton Beach, FL 32548

554 Coral Ct Unit 401

Fort Walton Beach, FL 32548

  • 71 days on market
    • Price drop $10,000↓
HUGE PRICE REDUCTION! PRICED TO SELL! Welcome to 554 Coral Court, Unit 401, in stunning Fort Walton Beach, FL! This beautiful 3-bedroom, 3-bathroom corner unit on Okaloosa Island offers 1,925 sq. ft. of luxurious living space with panoramic waterfront views of the Gulf of Mexico. This end unit offers a fantastic views and location!Amenities include air conditioning, elevator access, common outdoor space, a pool, and your own private outdoor area. Whether used as a primary, secondary, or vacation rental property, this unit has it all!

Details

Property type

Condominium

Est. home value

$889,245

Lot size

Unknown

Price per sq ft

$472

Year built

1982

Monthly HOA fee

$1,618.39

Price History

10/29/2024
EmeraldCoast

EmeraldCoast #959133

Price change
$905,000
-1.09%
10/01/2024
EmeraldCoast

EmeraldCoast #959133

Price change
$915,000
-16.82%
09/13/2024
EmeraldCoast

EmeraldCoast #959133

Listed
$1,100,000
+20.88%

Schools & Community

Elementary school: 

Elliott Point

Middle school: 

Bruner

High school: 

Fort Walton Beach

Community features: 

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

$159,835
Asking price
$905,000
Closing costs (~8% of asking)
-$72,400
Est. remaining loan balance
-$672,765
Cash to seller
$159,835

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

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

July 2023

Original loan amount

$682,500

Est. remaining balance

$672,765

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Jerry David Whatley and Brandi Allison Whatley

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 11:55 AM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Cortney J Neill, Cortney J Neill, Cortney J Neill, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #959133

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