tomo logo

$699,000

Beds
2
Baths
2.0
sq ft
1,367

1301 Shipwatch Cir Unit 1301, Fernandina Beach, FL 32034

1301 Shipwatch Cir Unit 1301

Fernandina Beach, FL 32034

  • 193 days on market
    • Price drop $31,000↓
Use our preferred lender and receive 1% of loan amount towards closing costs. Experience luxury living at its finest in this fully renovated 2-bed, 2-bath villa nestled within the prestigious Amelia Island Plantation. Step inside to discover brand new luxury vinyl plank flooring complemented by freshly painted interiors and state-of-the-art LED Halo lighting. The kitchen and both bathrooms boast exquisite quartz countertops, adding a touch of elegance to every corner. This turnkey condo is perfect for both personal enjoyment and lucrative rental opportunities, offering convenience with exterior storage, bike racks, and private laundry facilities. Indulge in resort amenities and the tranquility of oceanfront living, all within the exclusive gated community of Amelia Island Plantation. Don't miss this rare chance to own a piece of paradise in one of the nation's top-rated destinations. Whether you're seeking a serene retreat or a savvy investment, this villa caters to your every need. Amelia Island, Florida was voted "Best Island in the U.S." in 2024 by readers of Global Traveler magazine's Leisure Lifestyle Awards

Details

Property type

Condominium

Est. home value

$623,689

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$512

Year built

1975

Annual property taxes

$6,923.22

Monthly HOA fee

$145.83

Price History

08/09/2024
RealMLS

RealMLS #2025087

Price change
$699,000
-4.25%
06/03/2024
RealMLS

RealMLS #2025087

Price change
$730,000
-3.95%
05/29/2024
RealMLS

RealMLS #2025087

Price change
$760,000
-2.56%

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

$136,770
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$506,310
Cash to seller
$136,770

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

November 2023

Original loan amount

$511,200

Est. remaining balance

$506,310

Interest rate

7.31%

Loan type

New Conventional, 30 year

Seller

Betty Greene Nabors and Steven Lowry Nabors

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: 11/19/2024 at 2:30 PM

Listing updated: 11/14/2024 at 8:18 PM

Listed by: CC UNDERWOOD, KELLER WILLIAMS REALTY ATLANTIC PARTNERS Phone #: (904) 247-0059

MLS: RealMLS #2025087

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