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$745,000

Beds
2
Baths
2.0
sq ft
1,360

778 Scenic Gulf Dr Unit B318, Miramar Beach, FL 32550

778 Scenic Gulf Dr Unit B318

Miramar Beach, FL 32550

  • 113 days on market
    • Price drop $5,000↓
This rental machine boasts annual rental income of 70k+, prime access to over 380 feet of public beachfront, 8+ acres of beautifully landscaped grounds. This unit features two spacious bedrooms, two bathrooms, and hallway bunks. Enjoy gulf views from the primary bedroom and en-suite bath with a walk-in shower. The kitchen has been updated with stainless steel appliances. The unit also features hardwood and luxury plank flooring throughout, fresh paint, as well as a new HVAC system (2023). The gated community offers summer security, two pools, a gym, a firepit, and a community room.Conveniently located near dining, shopping, golf, and entertainment, Amalfi Coast Resort combines luxury living with an unbeatable location.

Details

Property type

Condominium

Est. home value

$718,794

Lot size

Unknown

Price per sq ft

$548

Year built

2001

Monthly HOA fee

$1,326.9

Price History

11/04/2024
EmeraldCoast

EmeraldCoast #956172

Price change
$745,000
-0.67%
08/02/2024
EmeraldCoast

EmeraldCoast #956172

Listed
$750,000
+76.47%
07/01/2020
EmeraldCoast

EmeraldCoast #847085

Sold
$425,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Tennis Court(s), Pool

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

$376,421
Asking price
$745,000
Closing costs (~8% of asking)
-$59,600
Est. remaining loan balance
-$308,979
Cash to seller
$376,421

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

July 2020

Original loan amount

$340,000

Est. remaining balance

$308,979

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Heather N Kirkpatrick and Alicia M Cannella

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: 11/23/2024 at 7:25 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Shelby A Hinson, Shelby A Hinson, Shelby A Hinson, Shelby A Thomas, Engel & Volkers 30A Beaches Phone #: (850) 213-2800

MLS: EmeraldCoast #956172

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