tomo logo

$1,550,000

Beds
5
Baths
4.0
sq ft
2,378

78 Woodward St, Destin, FL 32541

78 Woodward St

Destin, FL 32541

  • 95 days on market
True coastal living only 4 lots from the beach. 5 bedrooms with a detached carriage house and private heated in-ground pool. This home features an open floor plan with a first floor bedroom in the main house, additional kitchenette in the carriage house, Hardiplank siding, metal roof, 9' ceilings, and many recent updates to make this property essentially maintenance free. New fence in 2023 along with composite decking and rails. Other improvements in the last 2-3 years include pool pump, irrigation pump, pool heater, HVAC unit, and most appliances. Polywood outdoor furniture to provide comfortable outdoor spaces that will last forever. 80% of main house interior and pool deck freshly painted in 2024 (photos do not reflect new paint). No Association to join or pay for. Sold fully furnished to provide a turnkey home with management already in place with consistent rental history grossing $100-123K despite heavy owner usage (6-8 weeks annually). One of the best locations in Destin!

Details

Property type

Single Family Residence

Est. home value

$1,441,807

Lot size

7,405 sq ft

Price per sq ft

$652

Year built

2003

Price History

08/20/2024
EmeraldCoast

EmeraldCoast #957334

Listed
$1,550,000
+109.46%
02/12/2019
EmeraldCoast

EmeraldCoast #816018

Sold
$740,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

$916,617
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$509,383
Cash to seller
$916,617

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2021

Original loan amount

$548,000

Est. remaining balance

$509,383

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

William Brian Shockley and Laura Harriet Shockley

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 11:35 PM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Cliff Glansen, Cliff Glansen, Cliff Glansen, Flatfee.Com Phone #: (954) 965-3990

MLS: EmeraldCoast #957334

EmeraldCoast logo

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