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$604,900

Beds
3
Baths
2.0
sq ft
1,324

732 Scenic Gulf Dr Unit C204, Miramar Beach, FL 32550

732 Scenic Gulf Dr Unit C204

Miramar Beach, FL 32550

  • 1 day on market
Welcome to your family's private beach retreat--an escape where unforgettable memories will be made for generations to come. This exquisite 3-bedroom, 2-bathroom condo in Alerio's coveted building C isn't just a getaway; it's a legacy. Imagine the laughter of loved ones echoing through the spacious open living area, the scent of salt air drifting through the doors, and the gentle rhythm of waves welcoming you each morning. This is more than just a condo--it's a sanctuary where your family will gather, celebrate, and pass down a lifetime of cherished experiences.Designed for both relaxation and investment, this fully furnished, rental-ready condo offers the perfect blend of contemporary style and coastal elegance. With two deeded beach accesses--including a private entrance-- you are only steps away from pristine white sands and the emerald waters of the Gulf. The interior features stainless steel appliances, granite countertops, and wood flooring throughout, accented by designer tiles in the bath and crown molding in the living area. Towering 10-foot ceilings enhance the sense of space, making it perfect for large family gatherings. This isn't just your beach getaway it's also an opportunity to build generational wealth. With a strong rental history, this unit is currently rented for just three months a year, yet it has generated impressive rental income of $25,084, $25,567, and $30,125. It also boasts 56 reviews with perfect 5/5 and 10/10 ratings. With the ability to generate passive income when you're away, your investment works for you while still offering the luxury of a personal retreat whenever you desire. A heated pool, hot tub, and outdoor grilling area within the gated community make every visit an experience to treasure. Plus, a dedicated parking space ensures convenience for you and your guests. Your dream of owning a beachfront sanctuary is within reach a place where your children, grandchildren, and future generations will return year after year. Create the memories, enjoy the moment, and build a lasting legacy with this exceptional coastal property. Don't just buy a condo invest in your family's future.

Details

Property type

Condominium

Est. home value

$613,581

Lot size

Unknown

Price per sq ft

$457

Year built

2015

Monthly HOA fee

$1,025

Price History

02/12/2025
EmeraldCoast

EmeraldCoast #968386

Listed
$604,900
+68.03%
08/10/2020
EmeraldCoast

EmeraldCoast #848995

Sold
$360,000
-5.01%
09/08/2016
EmeraldCoast

EmeraldCoast #749924

Sold
$379,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Pool

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

$296,495
Asking price
$604,900
Closing costs (~8% of asking)
-$48,392
Est. remaining loan balance
-$260,013
Cash to seller
$296,495

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2020

Original loan amount

$288,000

Est. remaining balance

$260,013

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Kenneth Cove Kepple and Patricia Ann Kepple

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: 02/13/2025 at 6:10 PM

Listing updated: 02/13/2025 at 2:29 PM

Listed by: Timothy G Whittemore, Timothy G Whittemore, Timothy G Whittemore, Timothy G Whittemore, LPT Realty LLC Phone #: (877) 366-2213

MLS: EmeraldCoast #968386

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