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$1,375,000

Beds
4
Baths
3.5
sq ft
3,404

77 Cayman Cv, Destin, FL 32541

77 Cayman Cv

Destin, FL 32541

  • 80 days on market
NEW ROOF AS OF MARCH 2024! Welcome to 77 Cayman Cove, a stunning residence in the serene coastal enclave of Destin, Florida. Located in the prestigious Destiny West gated community, this home offers an exceptional blend of privacy and security. With 4 spacious bedrooms and 3.5 bathrooms across 3,404 square feet, luxury and comfort abound.The expansive living area, perfect for entertaining and relaxation, seamlessly integrates refined finishes and modern amenities. For investors, 77 Cayman Cove presents a lucrative rental forecast of $120,000 to $140,000 annually, making it an irresistible opportunity.Enjoy ultimate relaxation in the private in-ground jacuzzi.

Details

Property type

Single Family Residence

Est. home value

$1,487,589

Lot size

7,405 sq ft

Price per sq ft

$404

Year built

1996

Monthly HOA fee

$517

Price History

07/01/2024
EmeraldCoast

EmeraldCoast #945075

Removed
$1,490,000
+8.36%
07/01/2024
EmeraldCoast

EmeraldCoast #953615

Listed
$1,375,000
-7.72%
06/25/2024
EmeraldCoast

EmeraldCoast #945075

Pending
$1,490,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, 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

$477,334
Asking price
$1,375,000
Closing costs (~8% of asking)
-$110,000
Est. remaining loan balance
-$787,666
Cash to seller
$477,334

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

Seller’s Loan History

Lender

Fifth Third Bank Na

Loan start date

October 2021

Original loan amount

$841,500

Est. remaining balance

$787,666

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Aimee Vafaie

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: 09/19/2024 at 9:00 PM

Listing updated: 07/03/2024 at 2:33 PM

Listed by: Michael Tomlin, Michael Tomlin, Michael Tomlin, Coldwell Banker Realty Phone #: (850) 650-4563

MLS: EmeraldCoast #953615

EmeraldCoast logo

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