tomo logo

$4,125,000

Beds
2
Baths
3.0
sq ft
2,099

1324 N Peninsula Ave, New Smyrna Beach, FL 32169

1324 N Peninsula Ave

NEW SMYRNA BEACH, FL 32169

  • 254 days on market
    • Price drop $125,000↓
Constructed in 1955 for wealthy philanthropist Captain Edwin and Hester Merwin Ayers, this two story home was originally designed throughout as a ship from their time spent on the open sea. Built to very high standards, its superior design and construction has weathered the past 60 years. A complete interior remodel of the home was completed in 2010 bringing all plumbing, electrical, and mechanical systems to up to code creating a modern 2-bedroom, 2-bathroom (and 2 half bath) home. Ensuring privacy and comfort for all occupants, the home’s layout offers two appointed owner’s suites with large walk-in closets, ensuite baths, and private balconies for relaxation. The building site even today provides this home with views to the horizon of the intracoastal in a panoramic display unmatched by all but a handful of the one hundred or more homesites between the north bridge and the inlet. Its 90 feet of seawall is one of the deepest spots along the north intracoastal due to the channel pressing eastward from the nearby island and sandbar which offer up ever-changing views throughout the tide cycle directly before your eyes. This is not just any intracoastal lot due to its height and exceptional location and boat access capabilities. This coveted spot on North Beach is just moments away from all the amenities with a short walk to the beach and close proximity to Smyrna Dunes Park, the dog beach, and Flagler Avenue where you’ll find nightlife, restaurants, and shopping. Compare any other sites and you will know the difference! All information contained herein is deemed reliable but not guaranteed. All information to be verified by Buyer. Measurements are approximate.

Details

Property type

Single Family Residence

Est. home value

$1,609,590

Lot size

0.3 acres

Price per sq ft

$1,966

Year built

1955

Annual property taxes

$24,104

HOA

No

Price History

11/19/2024
StellarMLS

StellarMLS #NS1081197

Price change
$4,125,000
-2.94%
07/16/2024
StellarMLS

StellarMLS #NS1081197

Price change
$4,250,000
-6.57%
06/01/2024
StellarMLS

StellarMLS #NS1081197

Price change
$4,549,000
-3.19%

Schools & Community

Neighborhood: 

North Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Regions Bank

Loan start date

January 2020

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.36%

Loan type

Credit Line (Revolving), 30 year

Seller

Laura Lee and Robert H Bailey Jr

Lender

Regions Bank

Loan start date

January 2020

Original loan amount

$250,000

Est. remaining balance

$182,069

Interest rate

3.19%

Loan type

New Conventional, 15 year

Seller

Laura Lee and Robert H Bailey Jr

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

StellarMLS
$4,500,000
5 bd
|
4 ba
|
4,611 sq ft
|
House

73 Cunningham Dr, New Smyrna Beach, FL 32168

StellarMLS
$4,500,000
4 bd
|
3.5 ba
|
3,219 sq ft
|
House

113 Via Benevento, New Smyrna Beach, FL 32169

Status: Active

Tomo last checked: 12/25/2024 at 12:10 AM

Listing updated: 12/08/2024 at 5:50 PM

Listed by: Megan Gardiner, KELLER WILLIAMS RLTY FL. PARTN Phone #: (386) 944-2800

MLS: StellarMLS #NS1081197

StellarMLS logo
listing placeholder
images coming soon