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$399,000

Beds
2
Baths
2.0
sq ft
1,203

705 Gulf Shore Dr Unit 202, Destin, FL 32541

705 Gulf Shore Dr Unit 202

Destin, FL 32541

  • 402 days on market
    • Price drop $26,000↓
Destin Sands condominiums is a small, quiet, and private community on Holiday Isle of Destin. With beach across the street and docks on the harbor, access to all Destin has to offer is only a few steps away. Take the water taxi or harbor haulers to Harborwalk Village and never worry about parking. Fisherman? Park your boat at your own community docks and begin the trip from your back yard. This top floor unit with plenty of windows keep the Destin sun brightening up your day. This unit was fully remodeled in 2021 to include: water heater, most appliances, kitchen and bathrooms, LVP floors, doors, lighting, and much more. This property is perfect for a primary, secondary, or short term-rental investment. All dimensions and information herein is deemed reliable, but should be verified

Details

Property type

Condominium

Est. home value

$491,182

Lot size

Unknown

Price per sq ft

$332

Year built

1981

Monthly HOA fee

$847.22

Price History

08/20/2024
EmeraldCoast

EmeraldCoast #929920

Price change
$399,000
-6.12%
08/13/2024
EmeraldCoast

EmeraldCoast #929920

Listed
$425,000
08/10/2024
EmeraldCoast

EmeraldCoast #929920

Removed
$425,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

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

$97,139
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$269,941
Cash to seller
$97,139

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

March 2021

Original loan amount

$292,500

Est. remaining balance

$269,941

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Michael Newman

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: Active

Tomo last checked: 09/19/2024 at 5:35 PM

Listing updated: 08/20/2024 at 9:13 PM

Listed by: Eric C Howell, Eric C Howell, Eric C Howell, Engel & Volkers Destin Phone #: (850) 502-8997

MLS: EmeraldCoast #929920

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