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$175,000

Beds
1
Baths
1.0
sq ft
402

701 S Atlantic Ave Unit 409, Daytona Beach, FL 32118

701 S Atlantic Ave Unit 409

Daytona Beach, FL 32118

  • 17 days on market
Experience true OCEANFRONT luxury on the 4th floor of this stunning 1-bed, 1-bath unit in a resort community with fitness center, hot tub and Stunning Oceanfront HEATED POOL where 1-DAY RENTALS ARE PERMITTED (THIS UNIT STAYS RENTED). This Resort offers you the flexibility to own a piece of paradise or generate RENTAL INCOME. Indulge in maintenance-free living with unobstructed OCEAN VIEWS and a fully RENOVATED and FULLY FURNISHED condo that invites you to bask in the natural light and ocean breezes. NEW QUEEN SLEEPER SOFA, NEW PAINT, NEW DEHUMIDIFIER. Relax on the balcony, by the pool, or on the beach, all while soaking in the awe-inspiring location. This unit features hurricane-rated sliding doors and stainless steel appliances, ensuring both style and durability.

Details

Property type

Condominium

Est. home value

$208,698

Lot size

1.73 acres

Price per sq ft

$436

Year built

1975

Annual property taxes

$2,137

HOA

No

Price History

05/16/2024
Daytona

Daytona #1123767

Listed
$175,000
-16.27%
07/06/2023
Daytona

Daytona #1102968

Sold
$209,000
+143.02%
09/30/2015
Daytona

Daytona #1005076

Sold
$86,000
+26.47%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

or text or call (404) 738-5385

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

$16,226
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$144,774
Cash to seller
$16,226

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

June 2023

Original loan amount

$146,300

Est. remaining balance

$144,774

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Ronald G Smith and Elizabeth Larson

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?

Status: Active

Tomo last checked: 06/02/2024 at 8:25 AM

Listing updated: 05/28/2024 at 5:43 PM

Listed by: Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Sarah Amarasinghe, Robert Slack LLC Phone #: (386) 314-4031

MLS: Daytona #1123767

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