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$1,999,999

Beds
6
Baths
4.0
sq ft
2,607

58 Overlook Dr, Miramar Beach, FL 32550

58 Overlook Dr

Miramar Beach, FL 32550

  • 1 day on market
Welcome to ''Beach Therapy'' at 58 Overlook Drive! This fully furnished coastal retreat is not only a tranquil oasis but also a lucrative rental machine ($164K gross rentals in 2024), making it an ideal investment opportunity. Situated on an expansive .72-acre lot, this stunning property offers deeded beach access and has undergone a complete remodel, ensuring a modern and inviting atmosphere.Step inside this beautifully appointed home and be greeted by a seamless blend of beach-inspired design and luxurious comfort. With 6 bedrooms and 4 full bathrooms, there is ample space for everyone to unwind and recharge. Each bedroom is thoughtfully decorated and furnished with brand new interiors. The bathrooms have been fully remodeled, featuring contemporary fixtures and stylish finishes.

Details

Property type

Single Family Residence

Est. home value

$1,542,888

Lot size

0.72 acres

Price per sq ft

$768

Year built

1983

Monthly HOA fee

$25

Price History

12/20/2024
EmeraldCoast

EmeraldCoast #965084

Listed
$1,999,999
+25%
06/23/2023
EmeraldCoast

EmeraldCoast #923454

Sold
$1,600,000
+149.22%
09/10/2019
EmeraldCoast

EmeraldCoast #828005

Sold
$642,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Southern Bancorp Bank

Loan start date

October 2023

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Credit Line (Revolving), 1 year

Seller

David Landrum Properties Llc

Lender

Southern Bancorp Bank

Loan start date

June 2023

Original loan amount

$1,200,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Commercial, 5 year

Seller

David Landrum Properties Llc

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: 12/21/2024 at 11:05 PM

Listing updated: 12/20/2024 at 3:39 PM

Listed by: Cassandra M Rodriguez, Cassandra M Rodriguez, Cassandra M Rodriguez, REV Realty Phone #: (850) 428-3338

MLS: EmeraldCoast #965084

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