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$699,900

Beds
2
Baths
2.0
sq ft
1,235

850 Fort Pickens Rd Unit 740, Gulf Breeze, FL 32561

850 Fort Pickens Rd Unit 740

Pensacola Beach, FL 32561

  • 259 days on market
Beautiful Sunrises and Sunsets, watch the Blue Angels Air show from the large private balcony, along with tranquil sounds of the waves on the sugar white sands of the gulf, make this a beautiful beach home or beach investment. Emerald Dolphin's owners/guests enjoy a gated community with a large outdoor pool and hot tub, fitness center, meeting rooms, covered underground storage unit, and short walk to the emerald green waters and sugar white sand beaches. Across the street to Peg Leg Pete's - one of Pensacola Beach's favorites. This wonderful condo offers amazing views overlooking the Gulf of Mexico from the kitchen, living, dining and bedrooms and amazing views of the Sound from the front balcony. The master features dual vanities, jetted tub, separate shower, a huge walk in closet and 9 ft ceilings, neutral colored paint and solid surface contertops throughout! Enjoy evening sunset cocktails on your large covered balcony area! Property is being sold furnished ~ projected rental income $85,000+ gross. Emerald Dolphin is one of the newest on Pensacola Beach, built in 2006, unit has new AC, newer appliances and hotwater heater. All assessments have been paid-in-full. Final improvements from storm damage in progress, most to be completed by April 12th.

Details

Property type

Condominium

Est. home value

$681,656

Lot size

1.0 acres

Price per sq ft

$567

Year built

2006

Monthly HOA fee

$1,400

Price History

02/01/2024
Pensacola

Pensacola #639612

Listed
$699,900
+47.35%
08/13/2020
Pensacola

Pensacola #573048

Sold
$475,000
+11.76%
10/31/2017
Pensacola

Pensacola #524826

Sold
$425,000

Schools & Community

Elementary school: 

A.K. Suter

Middle school: 

Workman/Gulf Breeze Middle Schoo

High school: 

Pensacola/Gulf Breeze High Schoo

Community features: 

Pool, Gated

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

$297,918
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$345,990
Cash to seller
$297,918

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

Seller’s Loan History

Lender

Synovus Bank

Loan start date

August 2020

Original loan amount

$380,000

Est. remaining balance

$345,990

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Tracy L Brent

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: 10/18/2024 at 6:20 AM

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

Listed by: Stephanie Harrington, Engel & Volkers Pensacola Phone #: (850) 677-8688

MLS: Pensacola #639612

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