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$2,774,000

Beds
8
Baths
5.0
sq ft
4,883

64 Cobia St, Destin, FL 32541

64 Cobia St

Destin, FL 32541

  • 456 days on market
    • Price drop $25,000↓
Check out this rental machine with over $300K in projections, a new roof, and the seller is even offering $25,000 towards buyer closing costs! Set on a large corner lot with scenic views of the Gulf of Mexico, this 4,888 sq ft compound will be sold fully furnished and could be a great primary residence, second home, or investment property. The property features two updated residences with 8 bedrooms and 5 bathrooms total. As you enter the main house, you'll enjoy the open layout, high-end furnishings, abundant natural light, fireplace, and gourmet kitchen. With two master suites offering direct water views from their separate balconies, you will be perfectly set up for relaxation. The carriage house is fitted with two bedrooms, a full kitchen, an additional laundry room, and a massive...

Details

Property type

Single Family Residence

Est. home value

$2,735,585

Lot size

7,405 sq ft

Price per sq ft

$569

Year built

1993

Price History

06/24/2024
EmeraldCoast

EmeraldCoast #926018

Price change
$2,774,000
-0.89%
06/21/2023
EmeraldCoast

EmeraldCoast #926018

Listed
$2,799,000
+33.29%
07/30/2021
EmeraldCoast

EmeraldCoast #872608

Sold
$2,100,000
+55.56%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

Broker Solutions Inc

Loan start date

July 2021

Original loan amount

$1,575,000

Est. remaining balance

$1,469,709

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Red Eagle Capital Llc

Lender

Broker Solutions Inc

Loan start date

July 2021

Original loan amount

$1,575,000

Est. remaining balance

$1,469,709

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Red Eagle Capital 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?

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Status: Active

Tomo last checked: 09/19/2024 at 12:40 PM

Listing updated: 06/24/2024 at 8:34 AM

Listed by: Matthew G Gardner, EXP Realty LLC Phone #: (888) 883-8509

MLS: EmeraldCoast #926018

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