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$521,900

Beds
3
Baths
2.0
sq ft
1,739

608 Lost Key Dr Unit 501C, Pensacola, FL 32507

608 Lost Key Dr Unit 501C

Perdido Key, FL 32507

  • 95 days on market
Experience luxury living in this fabulous 3-bedroom, 3-bathroom condo (#501-C) in the sought-after Lost Key Golf and Beach Club. Nestled within a 400-acre natural wetland preserve, this community offers an 18-hole Arnold Palmer golf course complete with a restaurant, bar, and pro shop. Enjoy the exclusive private beach club with dining options, beach chair and umbrella service, and a convenient beach shuttle! For active lifestyles, the property boasts miles of tranquil roads and sidewalks for biking and walking, as well as pickleball and tennis courts. Relax at the geothermal swimming pool—heated and cooled year-round—complete with a poolside hot tub, two gas grills, and an outdoor kitchen/bar area. A newly added community room is perfect for meetings, games, and gatherings. Step inside this beautifully updated condo featuring granite countertops, wood cabinets, and new LVT flooring throughout the living areas and bedrooms—no carpet! The dining room is highlighted by a stunning new chandelier, and floor-to-ceiling sliders in the living room and master bedroom bring in abundant natural light. The spacious master suite boasts a large picture window and sliders that open to a screened balcony with breathtaking sunset and golf course views. The master bath features a double vanity, a separate water closet, and a large shower. This unit is being sold fully furnished and is ready for you to move in or start renting. Recent updates include a new AC unit (2020), a dehumidifier (2023), and a dishwasher (2023). With ample visitor parking in front of La Salbadora, your unit comes with a deeded, assigned covered parking space and a climate-controlled storage unit in the garage. Each tower has two elevators and a coded lobby mailroom for added convenience. This condo is currently on a property management program, generating strong rental income with excellent reviews—an ideal investment opportunity! Don’t miss your chance to own a piece of paradise at Lost Key Golf and Beach

Details

Property type

Condominium

Est. home value

$466,327

Lot size

Unknown

Price per sq ft

$301

Year built

2006

Monthly HOA fee

$1,502.86

Price History

09/20/2024
Pensacola

Pensacola #652761

Listed
$521,900
+97.32%
05/07/2015
Pensacola

Pensacola #477870

Sold
$264,500

Schools & Community

Elementary school: 

Hellen Caro

Middle school: 

Bailey

High school: 

Escambia

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

$235,998
Asking price
$521,900
Closing costs (~8% of asking)
-$41,752
Est. remaining loan balance
-$244,150
Cash to seller
$235,998

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

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

January 2021

Original loan amount

$267,500

Est. remaining balance

$244,150

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Erik L Manthei

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: 12/24/2024 at 8:35 PM

Listing updated: 09/20/2024 at 11:23 PM

Listed by: Brittney Reeves, Luxury Coastal Realty, LLC Phone #: (850) 316-4573

MLS: Pensacola #652761

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