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$1,175,000

Beds
3
Baths
3.0
sq ft
1,632

621 Emerald Ln, Holmes Beach, FL 34217

621 Emerald Ln

HOLMES BEACH, FL 34217

  • 26 days on market
Discover this ultimate waterfront opportunity with this 3BD/3BA home in the desirable Key Royale neighborhood. This home did sustain flooding from Hurricane Helene and has been remediated. Situated on an oversized lot, this property boasts a large pool area and 100 ft of canal-front complete with a generously sized dock and boat lift, providing easy access to the ICW, Tampa Bay and the Gulf of Mexico. A true boaters delight! Whether you envision updating the existing home or exploring the potential for a new build, this property is ready to be transformed to suit your island lifestyle. Located just a short golf cart ride from pristine beaches, shopping and dining, Key Royale offers the added allure of a private 9 hole golf course, active clubhouse with membership opportunities available. With monthly rentals permitted, this home is not only a personal oasis but also allows for income too. Don't miss out on this waterfront opportunity.

Details

Property type

Single Family Residence

Est. home value

$1,618,135

Property condition

Fixer

Lot size

0.27 acres

Price per sq ft

$720

Year built

1969

Annual property taxes

$15,381.2

Monthly HOA fee

$9.17

Price History

11/27/2024
StellarMLS

StellarMLS #A4630567

Listed
$1,175,000
-18.91%
07/02/2024
StellarMLS

StellarMLS #A4575289

Removed
$1,449,000
05/06/2024
StellarMLS

StellarMLS #A4575289

Price change
$1,449,000
-3.34%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$755,912
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$325,088
Cash to seller
$755,912

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 2020

Original loan amount

$435,600

Est. remaining balance

$325,088

Interest rate

2.7%

Loan type

New Conventional, 15 year

Seller

Elizabeth A Skidmore

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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Status: Active

Tomo last checked: 12/23/2024 at 12:55 PM

Listing updated: 11/28/2024 at 6:51 AM

Listed by: Darcie Duncan, DUNCAN REAL ESTATE, INC. Phone #: (941) 779-0304

MLS: StellarMLS #A4630567

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Recently listed in HOLMES BEACH