tomo logo

$629,000

Beds
2
Baths
2.0
sq ft
1,668

1208 River Dr Unit 202, Melbourne, FL 32901

1208 River Dr Unit 202

Melbourne, FL 32901

  • 112 days on market
    • Price drop $20,000↓
Turn Key home with tranquil water view, two boat slips and walking distance to restaurants & shops of downtown Melbourne! Completely remodeled in 2022, Featuring new flooring, updated kitchen with quartz counter top, stainless steel appliances (2021), wine fridge, freshly painted interior. Large balcony (resurfaced in 2022) over looking the marina with the most spectacular sunrise & rocket launches! Master bedroom suite with a private screened in porch and an amazing Master bathroom with soaking tub, walk in shower, large closet. Enjoy a nice walk or jog through downtown or over the causeway. Beach is 3 miles away, with eatery & shops along the heart of Indialantic and boardwalk. The building has new roof, dock piling and deck, elevator, from 2023. Ground level entry with no stairs. One garage space and one open parking, with storage closet. A rare find with best of both worlds for nature lovers and those who enjoy dining, shopping and nightlife. Don't wait to live the dream life

Details

Property type

Condominium

Est. home value

$543,192

Property condition

Updated/Remodeled

Lot size

3,484.8 sq ft

Price per sq ft

$378

Year built

1984

Annual property taxes

$8,113.27

Monthly HOA fee

$700

Price History

04/16/2024
BrevardMLS

BrevardMLS #1001052

Price change
$629,000
-3.08%
01/10/2024
BrevardMLS

BrevardMLS #1001052

Listed
$649,000
+44.22%
07/12/2021
BrevardMLS

BrevardMLS #896371

Sold
$450,000
+59.57%

Schools & Community

Elementary school: 

University Park

Middle school: 

Stone

High school: 

Melbourne

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$176,582
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$402,098
Cash to seller
$176,582

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

Seller’s Loan History

Lender

Loanleaders Of America Inc

Loan start date

July 2021

Original loan amount

$427,500

Est. remaining balance

$402,098

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Amy Lee Kim

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?

Similar Homes Nearby

BrevardMLS
$550,000
2 bd
|
2 ba
|

700 Wavecrest Ave Unit 302, Indialantic, FL 32903

Price drop
BrevardMLS
$539,000
2 bd
|
2 ba
|

925 SR-A1A Unit 506, Indialantic, FL 32903

BrevardMLS
$565,000
2 bd
|
2.5 ba
|

1321 S Miramar Ave Unit 11, Indialantic, FL 32903

Status: Active

Tomo last checked: 04/23/2024 at 1:35 PM

Listing updated: 04/21/2024 at 2:42 AM

Listed by: Jennifer Grimes, One Sotheby's International Phone #: (321) 984-3135

MLS: BrevardMLS #1001052

BrevardMLS logo

Recently listed in Melbourne

tomo logo
  • © 2024 Tomo Real Estate
  • 1424 11th Ave, Suite 201, Seattle, WA 98122
  • (404) 738-5385

Resources

BlogTomo Mortgage

Tomo Real Estate for sale

Disclaimers

mls-logo

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Brevard MLS. All Rights Reserved.