tomo logo

$1,950,000

Beds
4
Baths
3.5
sq ft
2,405

87 Cobia Run E, Inlet Beach, FL 32461

87 Cobia Run E

Inlet Beach, FL 32461

  • 217 days on market
This 3 story vacation rental property has the very rare feature of a large lot with room to add a carriage house and private pool. Check the photos to see the proposed plans. Good as it is - a desirable vacation rental, close to retail and with good parking, or great if the carriage house is complete and could have a 5-6 bedroom rental with your custom touches on a reasonable building project that has already been planned to meet the setback requirements.

Details

Property type

Single Family Residence

Est. home value

$1,805,887

Lot size

4,792 sq ft

Price per sq ft

$811

Year built

2008

Monthly HOA fee

$450.5

Price History

04/20/2024
EmeraldCoast

EmeraldCoast #947883

Listed
$1,950,000
+34.48%
10/25/2021
EmeraldCoast

EmeraldCoast #871578

Sold
$1,450,000
+87.1%
03/05/2018
EmeraldCoast

EmeraldCoast #789600

Sold
$775,000

Schools & Community

Elementary school: 

Bay

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Centennial Bank

Loan start date

October 2021

Original loan amount

$975,000

Est. remaining balance

Not provided

Interest rate

2.19%

Loan type

Future Advance Clause / Open End Mortgage, 10 year

Seller

Andian Fl Llc

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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34 Blue Dolphin Loop, Inlet Beach, FL 32461

Status: Active

Tomo last checked: 11/23/2024 at 5:45 AM

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

Listed by: James J Adduci, A List Beach Realty LLC Phone #: (404) 259-8333

MLS: EmeraldCoast #947883

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