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$548,000

Beds
1
Baths
1.0
sq ft
1,070

778 Scenic Gulf Dr Unit A303, Miramar Beach, FL 32550

778 Scenic Gulf Dr Unit A303

Miramar Beach, FL 32550

  • 59 days on market
    • Price drop $1,000↓
Discover the charm of coastal living in this stunning one-bedroom, one-bath condo nestled within the sought-after Amalfi Coast Resort in Miramar Beach. This exceptional corner unit, positioned at the very front of the building, offers breathtaking, unobstructed views of the gulf, making it one of the most coveted units in the entire complex. This beach-facing gem is perfect for the savvy investor and promises minimal maintenance while delivering impressive rental returns. Inside, you'll find a well-designed space with elegant diagonal tile flooring throughout the main living areas, complemented by cozy carpeting in the bedroom. The spacious bathroom features a separate tub and walk-in shower, and recessed bunks in the hallway provide additional accommodations for guests.

Details

Property type

Condominium

Est. home value

$606,304

Lot size

Unknown

Price per sq ft

$513

Year built

2001

Monthly HOA fee

$1,043

Price History

10/04/2024
EmeraldCoast

EmeraldCoast #958596

Price change
$548,000
-0.18%
09/05/2024
EmeraldCoast

EmeraldCoast #958596

Listed
$549,000
-11.44%
05/01/2024
EmeraldCoast

EmeraldCoast #934903

Removed
$619,900

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

$267,702
Asking price
$548,000
Closing costs (~8% of asking)
-$43,840
Est. remaining loan balance
-$236,458
Cash to seller
$267,702

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

June 2020

Original loan amount

$260,000

Est. remaining balance

$236,458

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Michael White Sr and Cindy White

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: 11/03/2024 at 8:30 AM

Listing updated: 10/07/2024 at 2:30 PM

Listed by: Jerry G Lymburner, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #958596

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