tomo logo

$1,025,000

Beds
3
Baths
3.0
sq ft
2,682

1 Eighth Ave Unit 1202, Indialantic, FL 32903

1 Eighth Ave Unit 1202

Indialantic, FL 32903

  • 153 days on market
    • Price drop $75,000↓
Stunning condo south of Fifth Ave at Indialantic's prestigious Magnolia Key community! This unit features a newer AC (2022), tankless water heater (2023), updated kitchen with beveled High-End 3cm granite counters, Kraftmaid glass cabinetry, SS appliances, tray ceilings, pendant lighting & brand-new luxury vinyl flooring in main living areas. You'll love the wrap-around balcony, 2 assigned garage parking spaces & 2 storage rooms (1 climate-controlled). This unit features 2 primary bedrooms with ensuites, a double-sided, decorative fireplace, surround sound, a tiled foyer mosaic & Brazilian wood flooring in the office. Insurance, water, sewer, trash & pest control are included in the HOA. Enjoy beachside living with direct beach access, nearby shops & restaurants steps away from the boardwalk.

Details

Property type

Condominium

Est. home value

$1,136,936

Lot size

2,178 sq ft

Price per sq ft

$383

Year built

2006

Annual property taxes

$12,708.8

Monthly HOA fee

$850

Price History

11/08/2024
BrevardMLS

BrevardMLS #1020243

Price change
$1,025,000
-6.82%
07/23/2024
BrevardMLS

BrevardMLS #1020243

Listed
$1,100,000

Schools & Community

Elementary school: 

Indialantic

Middle school: 

Hoover

High school: 

Melbourne

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

Greenpoint Mortgage Funding Inc

Loan start date

May 2006

Original loan amount

$636,200

Est. remaining balance

Not provided

Interest rate

1%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Richard A Simoni and Shirley M Simoni

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: 12/23/2024 at 6:30 PM

Listing updated: 12/16/2024 at 9:30 AM

Listed by: Jonathan Krauser, J. Edwards Real Estate Phone #: (321) 209-1076

MLS: BrevardMLS #1020243

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