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$510,000

Beds
3
Baths
1.0
sq ft
1,484

109 Fontaine St, Melbourne Beach, FL 32951

109 Fontaine St

Melbourne Beach, FL 32951

  • 92 days on market
    • Price drop $2,500↓
The seller is willing to make a financial contribution towards the buyer's closing costs, making this an even more attractive opportunity for prospective buyers. Don't miss out on this chance to own a beautifully updated home just steps from a private beach, with added financial flexibility to help you settle in smoothly. Embrace the ultimate beachside lifestyle in this exquisitely updated one-story home. Freshly painted inside and out, it features a bright, open floor plan with a cozy fireplace, a modern kitchen with rich wood-style cabinetry, granite countertops, and sparkling stainless steel appliances. This home includes three bedrooms, with one converted into a versatile home office bathed in natural light. The entire house, including the garage, is climate-controlled by central air conditioning for year-round comfort (see sketch for approximate measurements). Situated on over a quarter-acre lot, this property boasts a spacious backyard with mature palm trees and lush landscaping, offering ample potential for a pool, garden, and outdoor entertainment. The voluntary HOA, with very low dues of only $100 per year, provides access to three private beach entries, a clubhouse, playground, BBQ area, basketball court, and park. Enjoy the advantage of being within walking distance of a convenience store with a Subway restaurant, and proximity to local amenities such as a community center, golf courses, natural parks, and trails. Nearby attractions include the Barrier Island Sanctuary and Sebastian Inlet Park, where you can enjoy untouched beaches, observe sea turtle nests, fish from jetties, or kayak in the Indian River Lagoon. This home perfectly combines modern comforts with the charm of beach living, offering a relaxed and sophisticated atmosphere. Whether you're looking for a permanent residence or a vacation retreat, this property stands as a beacon of tranquil coastal living. See it today, buy it today. (Sold AS-IS; the owner has an active real estate license.)

Details

Property type

Single Family Residence

Est. home value

$401,733

Lot size

0.26 acres

Price per sq ft

$344

Year built

1952

Annual property taxes

$3,523.37

Monthly HOA fee

$8.33

Price History

09/06/2024
BrevardMLS

BrevardMLS #1018840

Price change
$510,000
-0.49%
08/15/2024
BrevardMLS

BrevardMLS #1018840

Price change
$512,500
-0.49%
08/09/2024
BrevardMLS

BrevardMLS #1018840

Price change
$515,000
-0.96%

Schools & Community

Elementary school: 

Gemini

Middle school: 

Hoover

High school: 

Melbourne

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

$326,348
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$142,852
Cash to seller
$326,348

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

Seller’s Loan History

Lender

Chase Bank Usa Na

Loan start date

October 2007

Original loan amount

$213,750

Est. remaining balance

$142,852

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Ileana Sanchez and Juan Carlos Cabrera

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: 10/06/2024 at 1:05 PM

Listing updated: 09/06/2024 at 10:42 AM

Listed by: Stephen K. Hachey, Flat Fee MLS Realty Phone #: (813) 699-9616

MLS: BrevardMLS #1018840

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