tomo logo

$975,000

Beds
5
Baths
3.0
sq ft
2,353

1101 S Orlando Ave, Cocoa Beach, FL 32931

1101 S Orlando Ave

Cocoa Beach, FL 32931

  • 105 days on market
    • Price drop $24,999↓
Welcome to your dream coastal getaway! This fully remodeled 5-bed, 3-bath home is a gem just steps from the ocean. With a spacious layout, modern amenities, and stylish finishes, it's perfect for luxurious living or lucrative Airbnb rentals. Enjoy breathtaking ocean views, gourmet kitchen, and a sun-drenched patio for outdoor entertaining. Don't miss this opportunity to own your slice of paradise!Has been used as AirBNB- Bookings available upon request! NEW ROOF 2023

Details

Property type

Single Family Residence

Est. home value

$678,309

Lot size

8,276 sq ft

Price per sq ft

$415

Year built

1961

Annual property taxes

$6,120.25

Price History

06/26/2024
BrevardMLS

BrevardMLS #1008682

Price change
$975,000
-2.5%
05/25/2024
BrevardMLS

BrevardMLS #1008682

Price change
$999,999
-2.44%
05/17/2024
BrevardMLS

BrevardMLS #1008682

Price change
$1,025,000
-2.38%

Schools & Community

Elementary school: 

Roosevelt

Middle school: 

Cocoa Beach

High school: 

Cocoa Beach

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

$187,437
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$709,563
Cash to seller
$187,437

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

January 2024

Original loan amount

$712,500

Est. remaining balance

$709,563

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Red Key 38 Inc

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: 07/06/2024 at 1:25 AM

Listing updated: 06/26/2024 at 5:03 PM

Listed by: Amanda Mansueto, Blue Marlin Real Estate Phone #: (321) 877-2902

MLS: BrevardMLS #1008682

BrevardMLS logo

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