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$1,860,000

Beds
5
Baths
5.5
sq ft
3,006

80 Shirah St, Destin, FL 32541

80 Shirah St

Destin, FL 32541

  • 327 days on market
    • Price drop $88,000↓
Welcome to ''Skipper's Escape'' in the coveted Crystal Beach neighborhood of Destin, Florida! Crystal Beach is one of the most sought-after vacation rental communities in all of Destin and is the ideal setting for your next investment for the perfect romantic getaway, family beach vacation, or even have as your perfect primary residence! Only minutes away from the vibrant Downtown Destin yet providing a tranquil retreat just steps away from Destin's protected Henderson Beach State Park, this gem invites you to bask in the perfect blend of luxury, comfort, and accessibility! You can have it all in this welcoming 4-bedroom, 4.5 bath Main House with Gulf views, a 12x24 private heated pool, and an additional spacious Cottage with 1 bedroom + bunk and private bath at the rear! As you walk up to this cheerful and serene home and feel the delicate Gulf breeze, you'll take delight in the lush mature landscaping that adorns and surrounds this tropical escape! Ample parking provides room for all and a charming screened in front porch invites you in to come in and stay a while. As you walk through the French doors, your greeted by a light and airy open concept living and dining area perfect for large or small gatherings! A large dining table and breakfast bar area flow seamlessly into the lovely kitchen with solid wood cabinetry, ample counter space, built in wine rack and beverage station, with stainless steel appliances and a kitchen island anchoring it all together. A half bath and a complete king suite with private bath, and separate ground level exit to screened in front porch are just off the kitchen area perfect for those who prefer no stairs. Head up to the second floor and discover one stunning master bedroom with a tremendous ensuite with dual vanity, separate shower and garden tub! You'll love the Gulf view balcony with plenty of room for dining table, lounges or both! This bright and airy master bedroom comes with a mounted television, and sleeper sofa perfect for a midday nap or cozy up with your favorite book! An additional queen suite with private bath and balcony overlooking your sprawling pool terrace also occupies this floor. Young ones will love the double bunk room with flat screen around the corner with a convenient guest bath and glass shower just outside their door. For even more fun, grab your group and venture up the spiral staircase for a true lighthouse feeling and view the skyline with a 360-degree view of the neighborhood, beach, and state park! Perfect spot for game night with evening cocktails in the perfect setting with not one, but two balconies! Venture outside to your private tropical oasis hosting an incredible 12x24 heated pool surrounded by lovely pavers, a large citrus tree, mature palm trees, all completely fenced with lounges, and multiple picnic and dining tables made of durable Polywood designed to stand the test of time. Coming back from the beach? Rinse off in your outdoor shower and stow your beach gear in the outdoor storage closet. An adorable pool cottage is just off the pool terrace with a 30 ft. long covered seating area and access to 1 bedroom apartment with living area, bunk room and kitchenette with a full bathroom. Perfect as a pool house, guest house, or even used as a mother-in-law quarters with green space surrounding this precious cottage. Only 3 lots from the beach, "Skipper's Escape" is a highly functional and flexible rental option for investors or second home buyers! Walk right into rental income with over 100K on the books already as of Jan. 2024 with a solid rental history available at request! With no association fees to contend with, this property is strategically positioned just a few hundred feet from the beach and boarders the 200-acre Henderson State Park established in 1930, while only minutes to all the attractions! Make this your home away from home today and experience all that Florida Living has to offer!

Details

Property type

Single Family Residence

Est. home value

$2,052,766

Lot size

7,405 sq ft

Price per sq ft

$619

Year built

2004

Price History

11/18/2024
EmeraldCoast

EmeraldCoast #941304

Price change
$1,860,000
-4.52%
05/06/2024
EmeraldCoast

EmeraldCoast #941304

Price change
$1,948,000
-2.5%
01/31/2024
EmeraldCoast

EmeraldCoast #941304

Listed
$1,998,000
+33.2%

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

$811,474
Asking price
$1,860,000
Closing costs (~8% of asking)
-$148,800
Est. remaining loan balance
-$899,726
Cash to seller
$811,474

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

Seller’s Loan History

Lender

Walton Funding Llc

Loan start date

April 2021

Original loan amount

$975,000

Est. remaining balance

$899,726

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Brian J Chin and Phuong T Ngo

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: 12/23/2024 at 9:35 PM

Listing updated: 12/06/2024 at 2:19 PM

Listed by: Bridgett L Hall, Bridgett L Hall, A List Beach Realty LLC Phone #: (404) 259-8333

MLS: EmeraldCoast #941304

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