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$1,889,500

Beds
5
Baths
3.5
sq ft
3,180

71 Tranquility Ln, Destin, FL 32541

71 Tranquility Ln

Destin, FL 32541

  • 617 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.

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

$225,113
Asking price
$1,889,500
Closing costs (~8% of asking)
-$151,160
Est. remaining loan balance
-$1,513,227
Cash to seller
$225,113

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

$1,513,227

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: 11/05/2024 at 1:50 AM

Listing updated: 10/26/2024 at 10:50 PM

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

MLS: EmeraldCoast #917803

EmeraldCoast logo

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