tomo logo

$799,000

Beds
2
Baths
2.0
sq ft
1,453

554 Coral Ct Unit 602, Fort Walton Beach, FL 32548

554 Coral Ct Unit 602

Fort Walton Beach, FL 32548

  • 148 days on market
    • Price drop $16,000↓
Arguably the Best Balcony view of the Ocean on all of Okaloosa Island.Introducing a beautifully renovated sixth-floor unit, featuring 2 spacious bedrooms and 2 bathrooms, encompassing a generous 1,453 sq ft of living space. This property is sold fully furnished, with brand new flooring throughout, complemented by stylish indoor and outdoor furniture.Enjoy stunning views from the expansive 30-foot balcony, perfect for relaxing and entertaining. The fully equipped kitchen comes complete with a microwave and dishwasher.Both bedrooms are generously sized, with the primary suite offering a gulf-front balcony and a large closet. For added convenience, the home includes a full-size washer and dryer.Located less than 8 miles from Fort Walton Beach and

Details

Property type

Condominium

Est. home value

$669,134

Lot size

Unknown

Price per sq ft

$550

Year built

1982

Monthly HOA fee

$1,618.39

Price History

10/10/2024
EmeraldCoast

EmeraldCoast #952418

Price change
$799,000
-1.96%
06/14/2024
EmeraldCoast

EmeraldCoast #952418

Listed
$815,000
+25.43%
08/10/2022
EmeraldCoast

EmeraldCoast #902781

Sold
$649,750
+132.89%

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

$230,108
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$504,972
Cash to seller
$230,108

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

Seller’s Loan History

Lender

Ally Bank

Loan start date

August 2022

Original loan amount

$519,800

Est. remaining balance

$504,972

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Rebecca Lynn Gill

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: 11/09/2024 at 11:40 AM

Listing updated: 10/30/2024 at 10:47 PM

Listed by: Andrew Tidwell, Andrew Tidwell, Sound Choice Real Estate LLC Phone #: (850) 389-8533

MLS: EmeraldCoast #952418

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