$449,000

Seller could get up to $193,665

Learn how this information can help you negotiate

Beds: 2
Baths: 2.0
sq ft: 1,024

676 Santa Rosa Blvd Unit 1L, Fort Walton Beach, FL 32548

676 Santa Rosa Blvd Unit 1L

Fort Walton Beach, FL 32548

263 days on market

Price drop $9,000↓

Island Echos is a popular destination on Okaloosa Island. Now gated and secured, additional amenities include a seasonally heated gulf front pool, shuffleboard, lighted tennis, exercise room, Community room & BBQ area. Recent building renovations include painting of exterior building, balcony floorings and railings were replaced and parking lot was repaved. Bedrooms have privacy with a unique split floor plan. This condo is ideally located only steps to the pool & private beach boardwalk, ideal for guests and owners alike. Easy access to the condo since 1st level guests & owners don't have to use the elevator. Condo sleeps 8 guests comfortably. Owners are allowed pets. Great rental investment opportunity

Details

Property type

Condominium

Est. home value

$485,228

Lot size

Unknown

Price per sq ft

$439

Year built

1974

Monthly HOA fee

$634.59

Price History

01/04/2025

EmeraldCoast #947654

Price change

$449,000

-1.97%

10/14/2024

EmeraldCoast #947654

Price change

$458,000

-1.29%

09/19/2024

EmeraldCoast #947654

Price change

$464,000

-3.31%

Schools & Community

Elementary school:

Elliott Point

Middle school:

Bruner

High school:

Fort Walton Beach

Community features: Pool, Tennis Court(s)

Community features:

Pool, Tennis Court(s)

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

$193,665

Asking price

$449,000

Closing costs (~8% of asking)

-$35,920

Est. remaining loan balance

-$219,415

Cash to seller

$193,665

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

March 2021

Original loan amount

$281,250

Est. remaining balance

$219,415

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Marcos Belen and Teresa Shoup

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: 01/06/2025 at 11:00 PM

Listing updated: 01/04/2025 at 12:14 PM

Listed by: Cynthia Lea Blanton, Cynthia Lea Blanton, Cynthia Lea Blanton, Cynthia Lea Blanton, Cynthia Lea Blanton, Cynthia Lea Blanton, Cynthia Lea Blanton, Cynthia Lea Blanton, Scenic Real Estate Phone #: (850) 830-8030

MLS: EmeraldCoast #947654

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