tomo logo

$4,299,000

Beds
4
Baths
4.5
sq ft
6,104

612 Magnolia Dr, Destin, FL 32541

612 Magnolia Dr

Destin, FL 32541

  • 543 days on market
    • Price drop $200,000↓
PRICE REDUCTION ! Nothing spared in this completely renovated concrete and steel constructed gorgeous 6,000 + sq foot home on Holiday Isle. Completely furnished by Risa with designer pieces and luxury lighting, this stunning home will dazzle you with natural lighting from tall windows and high ceilings. With 80 feet of dock on a deep water canal that leads to the bay and the Gulf of Mexico, plus a boat slip that will host a midsize boat, this modern paradise beckons the avid boater. Framed by the new dock on 2 sides, the pool suggests a refreshing plunge after a wonderful day of deep sea fishing. All 3 stories have a master bedroom with the ground floor offering a ''captain's quarters' that includes a master bedroom, kitchen area and living space with a pool table.

Details

Property type

Single Family Residence

Est. home value

$4,518,831

Lot size

0.24 acres

Price per sq ft

$705

Year built

2004

Monthly HOA fee

$39.42

Price History

08/12/2024
EmeraldCoast

EmeraldCoast #923389

Price change
$4,299,000
-4.45%
05/13/2024
EmeraldCoast

EmeraldCoast #923389

Listed
$4,499,000
05/13/2024
EmeraldCoast

EmeraldCoast #923389

Removed
$4,499,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

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

Destin Bank

Loan start date

June 2004

Original loan amount

$1,274,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Not Provided, 30 year

Seller

Gary W Sims and Suzy C Sims

Lender

Destin Bank

Loan start date

November 2002

Original loan amount

$250,000

Est. remaining balance

$0

Interest rate

6%

Loan type

Not Provided, 1 year

Seller

Gary W Sims and Suzy C Sims

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?

Similar Homes Nearby

Price drop
EmeraldCoast
$3,895,000
5 bd
|
5.5 ba
|
5,081 sq ft
|
House

24 Norriego Rd, Destin, FL 32541

Price drop
EmeraldCoast
$3,699,999
8 bd
|
7 ba
|
4,362 sq ft
|
House

34 Gulf Breeze Ct, Destin, FL 32541

Status: Active

Tomo last checked: 11/09/2024 at 11:45 AM

Listing updated: 10/27/2024 at 10:50 PM

Listed by: John C Baldree, John C Baldree, Mainsail Realty Company Phone #: (850) 585-1284

MLS: EmeraldCoast #923389

EmeraldCoast logo

Recently listed in Destin

$2,395,000|5 bd|4.0 ba|House
$1,600,000|5 bd|4.0 ba|House
$899,000|4 bd|3.0 ba|House
$1,075,000|3 bd|2.0 ba|House
$399,900|3 bd|2.5 ba|Townhouse
$529,900|3 bd|2.0 ba|House
$777,900|4 bd|3.0 ba|House
$2,955,000|8 bd|9.5 ba|House