Pointe of View unit 634 in Miramar Beach Florida just sold. This property at 200 Sandestin Lane was a one bedroom unit on the third floor. The Pointe of View complex has a pool, and is minutes away from shopping at Baytown Wharf and Destin Commons, Sandestin Resort, the beaches of the Gulf of Mexico and Sacred Heart Hospital on the Emerald Coast. The unit was attractive for an investor because there was a tenant already in place. The current rent of $690 would be offset by the monthly condo fee of $154 as a standing expense, but was still a pretty good return for the sale price.
This Pointe of View condo in Miramar Beach was a one-lien short sale with Flagstar Bank. During the middle of the short sale, Kondaur Capital Corporation took over the servicing of the loan. This short sale was approved with a waiver of deficiency to the seller.
200 Sandestin Lane, #634, Pointe of View, Miramar Beach Florida sold for $61,500.
Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
Email Wendy: [email protected]
Wendy is a short sale and pre-foreclosure specialist and has been featured in “Kiplinger Personal Finance Magazine” and “Florida Realtor Magazine”. She has helped sellers along the entire Emerald Coast sell their primary residences or investment properties.