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$557,500

Beds
4
Baths
3.0
sq ft
1,728

120 Flamingo Dr, Satellite Beach, FL 32937

120 Flamingo Dr

Satellite Beach, FL 32937

  • 54 days on market
    • Price drop $7,500↓
INCENTIVES AVAILABLE!! Own & Generate INCOME ($40k /1yr) w/guest suite, ONE BLOCK from the BEACH! This beautiful residence offers a perfect blend of comfort & Florida charm. Feel secure with a NEW ROOF, STORM SHUTTERS, SOLAR BACKUP, ARTESIAN WELL, updated PLUMBING & more. The impressive curb appeal boasts a newly installed 6-space paver driveway, walkways, RV pad w/power & tropical landscaped gardens. Step inside to discover modern interiors featuring an exquisite open kitchen, sleek bathrooms, flooring, lighting, and fresh paint throughout. One of the standout features of this property is the gorgeous guest suite with a separate entrance, ideal for use as an income-generating rental or a private space for guests. The backyard is a true oasis, complete with a refreshing plunge pool, a relaxing hot tub, fire pit, grilling area, and a spacious fenced-in yard providing privacy & security, making it perfect for pets & outdoor activities. Just steps from the sandy shores, don't miss out

Details

Property type

Single Family Residence

Est. home value

$483,776

Property condition

Updated/Remodeled

Lot size

7,841 sq ft

Price per sq ft

$323

Year built

1957

Annual property taxes

$3,275.93

Price History

09/04/2024
BrevardMLS

BrevardMLS #1020336

Price change
$557,500
-1.33%
08/15/2024
BrevardMLS

BrevardMLS #1020336

Price change
$565,000
-1.74%
08/09/2024
BrevardMLS

BrevardMLS #1020336

Price change
$575,000
-1.71%

Schools & Community

Neighborhood: 

South Patrick Shores

Elementary school: 

Sea Park

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

$326,539
Asking price
$557,500
Closing costs (~8% of asking)
-$44,600
Est. remaining loan balance
-$186,361
Cash to seller
$326,539

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

September 2017

Original loan amount

$216,400

Est. remaining balance

$186,361

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

Patrick P Conners and Victoria G Conners

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: 09/07/2024 at 4:55 PM

Listing updated: 09/03/2024 at 8:40 PM

Listed by: Marlynn Abrams Simmons, Real Broker LLC Phone #: (855) 450-0442

MLS: BrevardMLS #1020336

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