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$264,551Estimated home value

Beds
Unknown
Baths
1.0
sq ft
470

775 Gulf Shore Dr Unit 8129, Destin, FL 32541

775 Gulf Shore Dr Unit 8129

Destin, FL 32541

  • Off market
This studio is truly a sight to behold! With so many recent updates you are sure to fall in love at first sight! Not only is it stunning but it's also a profitable RENTAL MACHINE with 2022 and 2023 gross earnings over $45k! Features include ALL NEW FLOORING, a stunning shiplap accent wall, and new light fixtures throughout, this condo is sure to impress. The kitchen has been renovated with white shaker cabinets, granite countertops, a tile backsplash, sink, faucet, and appliances. The bathroom is equally impressive with a new tub/tile wall, a vanity sink boasting a granite counter, a new toilet, and a wall of attractive wainscoting. In addition to all these features, the property comes fully furnished.

Details

Property type

Condominium

Est. home value

$264,551

Lot size

Unknown

Price per sq ft

$681

Year built

1993

Monthly HOA fee

$542.24

Price History

04/26/2024
EmeraldCoast

EmeraldCoast #944573

Removed
$319,900
03/12/2024
EmeraldCoast

EmeraldCoast #944573

Listed
$319,900
+36.13%
01/07/2022
EmeraldCoast

EmeraldCoast #880613

Sold
$235,000
+147.37%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

$127,319
Asking price
$319,900
Closing costs (~8% of asking)
-$25,592
Est. remaining loan balance
-$166,989
Cash to seller
$127,319

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

January 2022

Original loan amount

$176,250

Est. remaining balance

$166,989

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Natasha Rameshbhai

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: Off Market

Tomo last checked: 07/27/2024 at 7:05 AM

Listing updated: 04/23/2024 at 10:31 AM

Listed by: Nichole P Causton, Nichole P Causton, Nichole P Causton, Nichole P Causton, Go Coastal Realty LLC Phone #: (850) 714-7600

MLS: EmeraldCoast #944573

EmeraldCoast logo

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