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$584,000

Beds
2
Baths
2.0
sq ft
1,286

1000 N Atlantic Ave Unit 114, Cocoa Beach, FL 32931

1000 N Atlantic Ave Unit 114

Cocoa Beach, FL 32931

  • <1 day on market
Endless Potential in the Heart of Cocoa Beach! Welcome to Unit 114 in the sought-after OCEANFRONT Sandcastles Condominiums—a rare gem brimming with possibilities. This ground-floor unit boasts 2 spacious bedrooms and 2 full bathrooms, offering ease of access and a blank canvas to create your dream beachside retreat. This property shines with untapped potential for customization. Long-term tenant occupancy proves its desirability and it's now ready for its next chapter. Enjoy the resort-style amenities Sandcastles is known for, including a heated community pool, spa, sauna, and tennis courts. The complex offers exclusive beach access, ideal for sun-soaked days and ocean breezes. Your new home also features: - A detached private garage, perfect for storing beach essential or personal auto - Proximity to Cocoa Beach's vibrant downtown, filled with shopping, waterfront dining, and entertainment. Convenient access to major attractions: just an hour to Disney and 45 minutes to Orlando Intl. Whether you're an investor or a buyer seeking to add your personal touch, 114 is a fantastic opportunity to create a stunning coastal haven.

Details

Property type

Condominium

Est. home value

$464,310

Property condition

Fixer

Lot size

Unknown

Price per sq ft

$455

Year built

1985

Annual property taxes

$5,774.26

Monthly HOA fee

$830

Price History

01/23/2025
Daytona

Daytona #1208356

Listed
$584,000
+171.63%
08/30/2013
BrevardMLS

BrevardMLS #664030

Sold
$215,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$421,814
Asking price
$584,000
Closing costs (~8% of asking)
-$46,720
Est. remaining loan balance
-$115,466
Cash to seller
$421,814

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2013

Original loan amount

$150,500

Est. remaining balance

$115,466

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Albert J Gates Iii and The Albert J Gates Iii Living Trust

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: 01/24/2025 at 12:15 AM

Listing updated: 01/23/2025 at 4:30 PM

Listed by: Elliott Hagood, Home & Family RE & Property Management

MLS: Daytona #1208356

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