tomo logo

$1,889,500

Beds
5
Baths
3.5
sq ft
3,180

71 Tranquility Ln, Destin, FL 32541

71 Tranquility Ln

Destin, FL 32541

  • 636 days on market
    • Price drop $100,000↓
Behind the gates of the sought-after community of Destiny East sits this exceptional five bedroom Tuscan-inspired villa. The Italian-styled architecture makes it one of the most unique homes in the neighborhood and is recently updated with fresh interior and exterior paint. Designed with entertaining in mind, the open concept showcases a spacious living area that leads to the stunning outdoor courtyard, complete with a heated pool and covered patio, blurring the lines of indoors and out. The master chef's kitchen, designed by Atlanta-based Frank Neely Design Associates, features a brick backsplash, concrete countertops, freestanding island, separate wine cooler and ice maker, and Subzero and Thermador appliances. The dining room is flooded with natural light and features a wall of windows overlooking the outdoor courtyard. The first level is completed by the laundry room, powder room, and newly finished office space connected to the garage. The primary suite and ensuite guest bedroom are on the second level and both offer access to the private terrace overlooking the outdoor pool and patio below. The oversized primary suite features a vaulted ceiling, sitting room, soaking tub, coffee bar, and an additional space that could serve as an office or additional dressing area/closet. Across the courtyard from the main house sits the guest house, complete with two bedrooms, full bathroom, a kitchenette, and a spacious sitting area. This exceptional turnkey home makes it the ideal primary residence, vacation home, or investment opportunity. 71 Tranquility Lane is perfectly positioned minutes from sugar sand beaches and turquoise waters, world-class restaurants, shopping, entertainment, and champion golf courses. Destiny East has numerous neighborhood amenities that includes a clubhouse, multiple pools, tennis courts, a movie theatre, outdoor grills, a fully equipped gym, and a new playground. Inquire today to schedule a private showing and start living the coastal lifestyle you deserve!

Details

Property type

Single Family Residence

Est. home value

$1,817,022

Lot size

7,841 sq ft

Price per sq ft

$595

Year built

1999

Monthly HOA fee

$283.33

Price History

02/28/2024
EmeraldCoast

EmeraldCoast #917803

Listed
$1,889,500
02/13/2024
EmeraldCoast

EmeraldCoast #917803

Pending
$1,889,500
02/09/2024
EmeraldCoast

EmeraldCoast #917803

Removed
$1,889,500

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

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

$227,192
Asking price
$1,889,500
Closing costs (~8% of asking)
-$151,160
Est. remaining loan balance
-$1,511,148
Cash to seller
$227,192

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

Seller’s Loan History

Lender

Key Bank Na

Loan start date

June 2022

Original loan amount

$1,568,000

Est. remaining balance

$1,511,148

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

William F Bates and Latasha Bates

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: 11/24/2024 at 6:55 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Hilary & Jacob, Corcoran Reverie SRB Phone #: (850) 231-5030

MLS: EmeraldCoast #917803

EmeraldCoast logo

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