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$1,325,000

Beds
5
Baths
4.0
sq ft
2,466

9 Payne St, Miramar Beach, FL 32550

9 Payne St

Miramar Beach, FL 32550

  • 148 days on market
    • Price drop $125,000↓
Welcome to Sunny Treasure, a newer professionally decorated beach home with a private pool, nestled in the serene confines of Miramar Beach. This turnkey vacation rental boasts a proven rental history, generating over $140,000 in net income. This home is also perfect as a primary residence or vacation home. Location is everything and Sunny Treasure is situated on a quiet dead-end street which offers the perfect escape away from the crowds and is a short 6 minute walk to the public beach. The backyard is a wonderful oasis for relaxing after the beach with a private heated pool, loungers, comfy seating, dining area, bbq, outdoor shower and a fire pit for enjoying in the evening. This home features the only gas heater in the neighborhood so the pool can be heated regardless of the

Details

Property type

Single Family Residence

Est. home value

$1,534,836

Lot size

3,920 sq ft

Price per sq ft

$538

Year built

2016

Price History

09/12/2024
EmeraldCoast

EmeraldCoast #948180

Price change
$1,325,000
-8.62%
08/08/2024
EmeraldCoast

EmeraldCoast #948180

Price change
$1,450,000
-9.38%
05/23/2024
EmeraldCoast

EmeraldCoast #948180

Price change
$1,600,000
-9.86%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

$819,782
Asking price
$1,325,000
Closing costs (~8% of asking)
-$106,000
Est. remaining loan balance
-$399,218
Cash to seller
$819,782

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

Seller’s Loan History

Lender

Primelending

Loan start date

April 2016

Original loan amount

$487,400

Est. remaining balance

$399,218

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

David Harris and Susan Harris

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: 09/20/2024 at 12:05 AM

Listing updated: 09/12/2024 at 10:14 AM

Listed by: Tim Shepard, Tim Shepard, Tim Shepard, Tim Shepard, Tim Shepard, Destin Real Estate Phone #: (850) 259-4133

MLS: EmeraldCoast #948180

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