tomo logo

$550,000

Beds
3
Baths
2.0
sq ft
1,392

1125 Highway A1a Unit 902, Satellite Beach, FL 32937

1125 Highway A1a Unit 902

Satellite Beach, FL 32937

  • 52 days on market
    • Price drop $44,000↓
Discover the ultimate in coastal luxury with this OCEANFRONT PENTHOUSE, offering breathtaking views and direct private beach access. This three-bedroom, two-bath unit has been thoughtfully updated, featuring a remodeled kitchen with stainless-steel appliances, granite countertops, & a breakfast bar. The primary suite impresses with a walk-in closet & sliders that open to a private balcony with sweeping ocean views. Additional highlights include remodeled bathrooms, wood & laminate flooring, roll-down hurricane shutters, & a convenient laundry closet. The unit also includes a same-floor storage space & a one-car garage. Nestled in a concrete block building with secured entry, the community offers resort-style amenities, including a screened-in lanai overlooking the ocean, a sparkling pool, tennis courts, outdoor seating, & a clubhouse. With a 2021 A/C & a prime beachfront location, this penthouse delivers unmatched sophistication & serene seaside living. Your oceanfront dream awaits.

Details

Property type

Condominium

Est. home value

$611,820

Lot size

2,614 sq ft

Price per sq ft

$396

Year built

1977

Annual property taxes

$4,313.23

Monthly HOA fee

$850

Price History

03/15/2025
BrevardMLS

BrevardMLS #1036322

Price change
$550,000
-7.41%
02/06/2025
BrevardMLS

BrevardMLS #1036322

Listed
$594,000
-8.62%
01/24/2025
BrevardMLS

BrevardMLS #1019382

Removed
$650,000

Schools & Community

Elementary school: 

Holland

Middle school: 

DeLaura

High school: 

Satellite

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

$453,852
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$52,148
Cash to seller
$453,852

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

September 2023

Original loan amount

$53,000

Est. remaining balance

$52,148

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Moustafa Darwish and Adela Darwish Martinez

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: 03/28/2025 at 7:35 PM

Listing updated: 03/15/2025 at 10:30 AM

Listed by: DeWayne Carpenter, Compass Florida, LLC Phone #: (321) 214-8400

MLS: BrevardMLS #1036322

BrevardMLS logo

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