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$290,000

Beds
3
Baths
2.5
sq ft
1,708

647 Gap Creek Dr Unit 647, Fort Walton Beach, FL 32548

647 Gap Creek Dr Unit 647

Fort Walton Beach, FL 32548

  • 169 days on market
    • Price drop $5,000↓
*****OPEN HOUSE OCT 5TH 2PM TO 4PM****When affordability meets accessibility, you get this 3 bedroom, 2 1/2 bath condo centrally located in Ft. Walton, within a short distance of Hurlburt and Eglin Airforce Bases. Talk about convenience since it is VA approved. Nestled on a .68-acre lot, this home offers 9 Ft. ceilings, ceramic tile floors, carpeted bedrooms / stairs and cultured marble vanities in all bathrooms. Enjoy the outdoors on the patio leading to your backyard or sitting on the 2nd floor balcony soaking up sun rays and adult beverages. The location provides convenience for a short commute to work, but also fast access to the many options of shopping, grocery stores, harbor walk, entertainment, water sports, parks, gyms, nightlife, and the beautiful white beaches. Not only is this a great opportunity for a home, this is also an opportunity for an investor looking to add another rental property to his or her portfolio.

Details

Property type

Condominium

Est. home value

$304,472

Lot size

Unknown

Price per sq ft

$170

Year built

2007

Monthly HOA fee

$110

Price History

12/05/2024
EmeraldCoast

EmeraldCoast #954088

Price change
$290,000
-1.69%
07/08/2024
EmeraldCoast

EmeraldCoast #954088

Listed
$295,000
+11.53%
12/08/2021
EmeraldCoast

EmeraldCoast #862026

Sold
$264,500

Schools & Community

Elementary school: 

Mary Esther

Middle school: 

Bruner

High school: 

Fort Walton Beach

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

$13,441
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$253,359
Cash to seller
$13,441

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2021

Original loan amount

$270,583

Est. remaining balance

$253,359

Interest rate

3.09%

Loan type

VA, 30 year

Seller

Kofie Jernal Knowles

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: 12/24/2024 at 9:55 PM

Listing updated: 12/06/2024 at 12:49 AM

Listed by: Green Beret Group, Green Beret Group, Keller Williams Realty FWB Phone #: (850) 226-6323

MLS: EmeraldCoast #954088

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