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$399,000

Beds
2
Baths
2.0
sq ft
950

775 Gulf Shore Dr Unit 2091, Destin, FL 32541

775 Gulf Shore Dr Unit 2091

Destin, FL 32541

  • 356 days on market
    • Price drop $10,000↓
Great Investment Condo! On-site Management Projects $45,000 annual gross rental income! Offered Furnished and Rental Ready! Welcome to 775 GULF SHORE DR, Unit 2091 - where coastal elegance meets modern comfort. Nestled in the heart of Destin, Florida, this 2-bedroom, 2-bathroom condo embodies the essence of a serene beachside retreat. Whether you are looking for an investment property, a second home or a primary residence, do not let this one slip by!

Details

Property type

Condominium

Est. home value

$446,613

Lot size

Unknown

Price per sq ft

$420

Year built

1979

Monthly HOA fee

$992.91

Price History

09/30/2024
EmeraldCoast

EmeraldCoast #939300

Price change
$399,000
-2.44%
06/24/2024
EmeraldCoast

EmeraldCoast #939300

Price change
$409,000
-2.39%
04/18/2024
EmeraldCoast

EmeraldCoast #939300

Price change
$419,000
-2.33%

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

$45,840
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$321,240
Cash to seller
$45,840

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

Seller’s Loan History

Lender

Pen Air Federal Cu

Loan start date

July 2022

Original loan amount

$332,000

Est. remaining balance

$321,240

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Thomas A Hays and Sheryn A Moore

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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775 Gulf Shore Dr Unit 3102, Destin, FL 32541

Status: Active

Tomo last checked: 10/18/2024 at 2:20 PM

Listing updated: 09/30/2024 at 4:54 PM

Listed by: Brian D Burgett, Dream Destin Realty PLLC Phone #: (515) 473-0962

MLS: EmeraldCoast #939300

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