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$2,250,000

Beds
5
Baths
4.5
sq ft
4,020

1271 E Coast Dr, Atlantic Beach, FL 32233

1271 E Coast Dr

Atlantic Beach, FL 32233

  • 162 days on market
    • Price drop $140,000↓
OPEN HOUSE: Saturday, Dec. 7th, 12PM-2PM. Timeless coastal classic in the heart of Atlantic Beach. With three porches and a thoughtfully designed interior, you will be greeted by light and airy views from the moment you enter. The main floor features a beautifully appointed kitchen and two living areas, each with gas fireplaces & full-pane French doors. Relax on elevated porches with new decking, Fenetex motorized screens, ceiling fans, and an attractively landscaped courtyard. The top floor offers four bedrooms. Enjoy sunsets from the porch of the large owner's suite, with motorized blackout shades for comfort and privacy. Renovated ground floor boasts a spacious fifth suite with oak floors, built-in closets, and beautifully finished Calacatta bathroom. These finishes extend to the study nook with built-in desks. Take the ''secret'' bookcase entry to the theater and bar, which feels like an old speakeasy with exposed brick and lime plastered walls, limestone floors, and a white oak wine bar with beverage cooler, lime plastered walls, limestone floors, and a white oak wine bar with beverage cooler and ice maker. Alongside the wine bar, there is additional 90 sq ft of temperature-controlled storage in a secured closet, for more special wines or other mementos. Tucked discreetly behind a faux-sand dune, the main garage can accommodate two cars and has Shark coating floors. A newly added wing underneath the elevated back porch features 288 feet of temperature-controlled space for an in-home fitness center, golf cart storage, and plenty of room for all of your beach living and water toys. After a long day on the beach with friends and family, you can also wash off in the heated outdoor shower before heading inside. Unwind on the shaded sleeper porch, complete with a full-size swing bed. Also included in this home are irrigation, landscape lighting, and a new 100-gallon propane tank. The home was recently upgraded with spray foam insulated attic and a commercial-grade dehumidifier

Details

Property type

Single Family Residence

Est. home value

$1,999,198

Property condition

Updated/Remodeled

Lot size

5,227.2 sq ft

Price per sq ft

$560

Year built

1997

Annual property taxes

$20,272.56

Price History

10/17/2024
RealMLS

RealMLS #2036970

Price change
$2,250,000
-5.86%
08/22/2024
RealMLS

RealMLS #2036970

Price change
$2,390,000
-7.72%
07/14/2024
RealMLS

RealMLS #2036970

Listed
$2,590,000
+94.01%

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

$936,873
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$1,133,127
Cash to seller
$936,873

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

Seller’s Loan History

Lender

Td Bank Na

Loan start date

September 2020

Original loan amount

$1,250,000

Est. remaining balance

$1,133,127

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Alexm Mcree and Alexandra K Westberry

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: 12/22/2024 at 9:50 PM

Listing updated: 12/18/2024 at 11:21 AM

Listed by: JULIE LILES, BEST COAST REALTY LLC Phone #: (904) 763-3472

MLS: RealMLS #2036970

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