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$158,470Estimated home value

Beds
2
Baths
2.0
sq ft
1,000

613 Colonial Dr Unit 5, Fort Walton Beach, FL 32547

613 Colonial Dr Unit 5

Fort Walton Beach, FL 32547

  • Sold On 2/23/2022
    • Price drop $5,000↓
What an amazing opportunity to own an investment in the heart of Fort Walton Beach! This condo has two bedrooms with two full bathrooms and is located on the second floor of the building. There is also a washer and dryer in the unit! The flooring and paint have been recently updated as well. Call today for your chance to own this well appointed condo! It could be the ONE for you! **Please note: This condo is tenant occupied with a long term lease in place.**

Details

Property type

Condominium

Est. home value

$158,470

Lot size

Unknown

Price per sq ft

$125

Year built

1975

Monthly HOA fee

$326.13

Price History

03/07/2025
EmeraldCoast

EmeraldCoast #961534

Removed
$135,000
12/02/2024
EmeraldCoast

EmeraldCoast #961534

Price change
$135,000
-6.9%
10/22/2024
EmeraldCoast

EmeraldCoast #961534

Listed
$145,000
-3.33%

Schools & Community

Elementary school: 

Elliott Point

Middle school: 

Bruner

High school: 

Choctawhatchee

Community features: 

Pool

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

$40,135
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$74,865
Cash to seller
$40,135

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$80,000

Est. remaining balance

$74,865

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Cesar A Serna and Carolina Serna

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: Off Market

Tomo last checked: 04/02/2025 at 4:40 AM

Listing updated: 10/23/2024 at 10:52 PM

Listed by: Jamie L Jacobs, Jamie L Jacobs, Jamie L Schneider, Jamie L Schneider, Realty ONE Group Emerald Coast Phone #: (850) 842-3211

MLS: EmeraldCoast #887611

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