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$485,000

Beds
2
Baths
1.5
sq ft
1,032

1266 Tatum Blvd, New Smyrna Beach, FL 32168

1266 Tatum Blvd

New Smyrna Beach, FL 32168

  • 31 days on market
    • Price drop $4,000↓
Triple Lot including 2 congruent parcels totaling nearly 3/4 of an acre. Parcel 1 showcases the existing elevated home with all its updated coastal chic charm and clever floor plan. Parcel 2 is a wide open , already cleared , almost 1/2 acre. Each parcel has its own culvert entry with impressive double gates. Savvy investors can jump on this incredible opportunity to have a completely remodeled elevated home AND a cleared nearly 1/2 acre lot with no HOA or CDD or Condo fees , smack in the heart of New Smyrna Beach. Build your dreams on the extra lot, or develop it into a cash cow. This tropical paradise provides endless possibilities. Easily maneuver all your large toys on the oversize circular drive and admire your kingdom while relaxing up on the massive deck. 5 min to municipal boat launch, New Smyrna Sandy Beaches, shopping and award winning restaurants

Details

Property type

Single Family Residence

Est. home value

$366,790

Property condition

Updated/Remodeled

Lot size

0.73 acres

Price per sq ft

$470

Year built

1983

Annual property taxes

$4,355.34

Price History

02/27/2025
Daytona

Daytona #1208787

Price change
$485,000
-0.82%
02/09/2025
Daytona

Daytona #1208787

Price change
$489,000
-0.18%
01/31/2025
Daytona

Daytona #1208787

Listed
$489,900
+42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$173,531
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$272,669
Cash to seller
$173,531

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

November 2023

Original loan amount

$276,000

Est. remaining balance

$272,669

Interest rate

7.31%

Loan type

New Conventional, 30 year

Seller

Robert Heredia

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: 03/04/2025 at 12:40 AM

Listing updated: 02/27/2025 at 10:49 AM

Listed by: Colleen Majury, Gaff's Realty Company

MLS: Daytona #1208787

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