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$740,000

Beds
3
Baths
3.0
sq ft
1,386

111 Florida Avenue Unit 16, Carolina Beach, NC 28428

111 Florida Avenue Unit 16

Carolina Beach, NC 28428

  • 3 days on market
Welcome to Captains Lookout, a beautifully updated 3-bedroom, 3-bathroom condo offering panoramic water views and a deeded boat slip, perfect for those seeking a serene waterfront lifestyle. This ready-to-enjoy property is ideal for full-time residents, part-time snowbirds, or as a lucrative vacation rental. Nestled on the canal, it offers refreshing morning breezes and breathtaking sunsets accompanied by delightful sightings of dolphins and sea turtles. The Yatchsman community amenities include a large canal-front pool and pool house (complete with ice maker), and water access for boating, fishing, kayaking, paddle boarding, and outdoor dining, all just a short 1.5 block walk to the beach or a quick drive on to the North End. This home boasts modern comforts including a gorgeous kitchen with new stainless appliances, glass tile backsplash, and quartz countertops, a new washer and dryer, new French doors for the front and back porches! The spacious layout features a large family room, dining area, and two guest bedrooms with dedicated bathrooms, while the primary suite offers a private North-facing balcony that offers views of Wrightsville on a clear blue day. With two assigned covered parking spaces, a rare island luxury, and a ground-level storage closet for all your beach/fishing/adventure desires, this coastal retreat is ready to make your dream of waterfront living a reality. Don't miss this opportunity to own a piece of paradise!

Details

Property type

Condominium

Est. home value

$709,699

Lot size

Unknown

Price per sq ft

$534

Year built

1985

Annual property taxes

$2,418

HOA fee

$11,304

Price History

01/19/2025
NorthCarolinaRegional

NorthCarolinaRegional #100484464

Listed
$740,000
+16.54%
03/04/2022
NorthCarolinaRegional

NorthCarolinaRegional #100310046

Sold
$635,000
+135.19%
09/01/2015
NorthCarolinaRegional

NorthCarolinaRegional #30522455

Sold
$270,000

Schools & Community

Elementary school: 

Carolina Beach

Middle school: 

Murray

High school: 

Ashley

Community features: 

Pool

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

$253,702
Asking price
$740,000
Closing costs (~8% of asking)
-$59,200
Est. remaining loan balance
-$427,098
Cash to seller
$253,702

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2022

Original loan amount

$453,750

Est. remaining balance

$427,098

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Stephen Crater and Daria Crater

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: 01/22/2025 at 8:00 AM

Listing updated: 01/19/2025 at 8:12 PM

Listed by: Daria Crater, EXP Realty Phone #: (888) 584-9431

MLS: NorthCarolinaRegional #100484464

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