$425,000

Who owns this home?

Learn how this information can help you negotiate

Beds: 2
Baths: 2.0
sq ft: 950

775 Gulf Shore Dr Unit 3205, Destin, FL 32541

775 Gulf Shore Dr Unit 3205

Destin, FL 32541

181 days on market

Price drop $14,900↓

Stunning 2-bedroom / 2-bath canal-front and golf course view condo. Open living and kitchen area that is fully furnished. The unit is facing the serene water view of the canal and lush green golf course all from the 2nd floor rear balcony. 42 acres, deeded Gulf front beach access, free par-3 golf course, a marina, and canal slips. Enjoy access to 5 (3 heated) swimming pools, Tennis and Pickle Ball courts, 24 hour security and all within the community. Enjoying your own slice of paradise. Rental Income for 2024 $21,994.48 (New rental management company, partial year no pets allowed)There is a special assessment for 2025 is $389.10 per quarter. Rental Income figures by request.

Details

Property type

Condominium

Est. home value

$427,681

Lot size

Unknown

Price per sq ft

$448

Year built

1986

Monthly HOA fee

$983.82

Price History

11/01/2024

EmeraldCoast #955868

Price change

$425,000

-3.39%

07/26/2024

EmeraldCoast #955868

Listed

$439,900

+8.62%

02/29/2024

EmeraldCoast #940594

Sold

$405,000

-8.99%

Schools & Community

Elementary school:

Destin

Middle school:

Destin

High school:

Destin

Community features: Gated, Pool, Tennis Court(s)

Community features:

Gated, Pool, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cadence Bank Na

Loan start date

January 2024

Original loan amount

$197,200

Est. remaining balance

Not provided

Interest rate

8.5%

Loan type

New Conventional, 30 year

Seller

Jessica Mitchell Fricke and Jonathan Fricke

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: 01/23/2025 at 8:15 AM

Listing updated: 01/12/2025 at 5:04 PM

Listed by: Kimberly T Thomas, Kimberly T Thomas, Kimberly T Thomas, Kimberly T Thomas, Kimberly T Thomas, Sandpiper Cove Real Estate Inc Phone #: (850) 654-2357

MLS: EmeraldCoast #955868

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