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$439,900

Beds
4
Baths
3.0
sq ft
2,333

5720 Farrel Way, Milton, FL 32583

5720 Farrel Way

Milton, FL 32583

  • 55 days on market
    • Price drop $5,000↓
Price Improvement! This charming home has Saltwater Pool and Guest Suite in an ideal location; the highly desirable Garcon Point area. This well-maintained 4-bed, 3-bath home offers the perfect blend of comfort and convenience. Enjoy easy access to Gulf Breeze, I-10, Whiting Field, Beaches, and the nearby shopping options in Pace. The neighborhood boasts two private fishing ponds filled with Bass and Brim. Explore the Garcon Point walking trail located down the street or ride your bike alongside the Bay just two streets away, with several boat launches nearby. The home features a split floor plan, with two bedrooms sharing a bath on one side, a private guest suite in back, and a spacious primary suite on the other side. The front of the house features barn doors that lead into a versatile room that could be a dedicated office space or dining room. The guest suite offers privacy and comfort, with a full bathroom and access to the pool area, perfect for visitors or extended family. The spacious primary suite has a cozy sitting area ideal for reading your favorite book. The primary bath has a large soaking tub, a separate shower, double vanities, and spacious walk-in closet. A stunning brick exterior is complemented by a 2023 roof, 2023 water heater, a 2022 AC, and 2023 Solar Panels. Step outside to the lanai-covered saltwater pool, and enjoy tranquil views of the lush, vacant green land behind the property. The pool has a new 2023 pump, and the sellers are offering a new Polaris pool vacuum and new solar pool skimmer to help maintain it. Two sheds provide ample storage, while solar panels help keep electrical bills incredibly low—a true asset, especially with a pool. The home has never flooded and the termite bond is transferrable, offering additional peace of mind. Sellers are willing to pay the solar panels down $20,000! With its well-maintained features, privacy, and proximity to all the area’s conveniences, this home is the perfect place to enjoy Florida living.

Details

Property type

Single Family Residence

Est. home value

$411,863

Lot size

0.334 acres

Price per sq ft

$189

Year built

2005

Monthly HOA fee

$33.33

Price History

03/25/2025
Pensacola

Pensacola #657935

Price change
$439,900
-1.12%
02/04/2025
Pensacola

Pensacola #657935

Listed
$444,900
+4.44%
07/25/2023
EmeraldCoast

EmeraldCoast #924171

Sold
$426,000

Schools & Community

Elementary school: 

Bagdad

Middle school: 

Avalon

High school: 

Milton

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

$70,148
Asking price
$439,900
Closing costs (~8% of asking)
-$35,192
Est. remaining loan balance
-$334,560
Cash to seller
$70,148

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

July 2023

Original loan amount

$340,800

Est. remaining balance

$334,560

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Ronald Clayton Cook and Sharon Faye Cook

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?

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5670 Farrel Way, Milton, FL 32583

Status: Active

Tomo last checked: 03/31/2025 at 10:30 AM

Listing updated: 03/29/2025 at 8:01 PM

Listed by: Becky Nicholson, Coldwell Banker Realty Phone #: (850) 684-1003

MLS: Pensacola #657935

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