tomo logo

$310,000

Beds
3
Baths
2.0
sq ft
1,594

1373 Pacific Ct, Deltona, FL 32725

1373 Pacific Ct

DELTONA, FL 32725

  • 239 days on market
    • Price drop $15,000↓
Welcome to your next incredible investment opportunity! Nestled in the serene and peaceful city of Deltona, this captivating 3-bedroom, 2-bathroom home offers an impressive 1594 square feet of living space. Currently tenant-occupied with a robust cap rate nearing 6%, this property promises not only a sound investment but also a home that exudes comfort and charm. As you step into this meticulously maintained residence, you'll immediately appreciate the thoughtfully designed split floor plan that creates a sense of openness throughout the home. The seamless flow from room to room enhances the overall spacious feel, providing an inviting atmosphere for both residents and guests alike. One of the outstanding features of this property is its unique location. Tucked away in a quiet and peaceful area, the home boasts a sense of seclusion that is a rare find in today's bustling real estate market. With no rear neighbors and situated near a dead end, you can enjoy unparalleled privacy and tranquility, creating a retreat-like ambiance that is truly priceless. The property's exterior is as captivating as its interior. The well-manicured lawn and landscaping enhance the curb appeal, making a striking first impression. Imagine enjoying your morning coffee on the back patio, surrounded by the beauty of nature and the soothing sounds of a peaceful environment. This home is not just a financial asset; it's an investment in a lifestyle. Whether you're an experienced investor looking to diversify your portfolio or a first-time buyer eager to secure a property with both immediate returns and long-term potential, this residence checks all the boxes. Speaking of returns, the current tenant occupancy ensures a steady income stream, and with a cap rate approaching 6%, this property stands out as a lucrative addition to your investment portfolio. The stability and reliability of a tenant in place offer a hassle-free transition for the new owner, providing instant peace of mind and financial security. Beyond the financials, the home's great condition speaks volumes about its care and maintenance. From the kitchen to the well-appointed bedrooms and bathrooms, every corner of this residence reflects a commitment to quality and comfort. This isn't just a house; it's a home that has been cherished and cared for. As you consider this remarkable investment opportunity, envision the potential for growth and the prospect of adding value to your real estate portfolio. Deltona is a growing market, and with its strategic location, this property offers both immediate rewards and promising future returns. In conclusion, seize the chance to make this 3-bedroom, 2-bathroom gem in Deltona a cornerstone of your investment strategy. The combination of a positive cap rate, tenant stability, and the undeniable charm of this property make it a standout choice for investors seeking both financial success and a place to call home. Don't miss out on this exceptional opportunity to secure your financial future and invest in a property that promises not only a solid return on investment but also a lifestyle of comfort and tranquility. Take action now, and make this Deltona residence the next crown jewel in your real estate portfolio! Contact us today to schedule a private showing and witness the magic of this investment opportunity firsthand.

Details

Property type

Single Family Residence

Est. home value

$329,364

Lot size

0.28 acres

Price per sq ft

$195

Year built

2005

Annual property taxes

$4,266.47

Price History

09/06/2024
StellarMLS

StellarMLS #O6173585

Price change
$310,000
-4.62%
01/25/2024
StellarMLS

StellarMLS #O6173585

Listed
$325,000

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

$202,242
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$82,958
Cash to seller
$202,242

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

March 2017

Original loan amount

$114,900

Est. remaining balance

$82,958

Interest rate

4.19%

Loan type

VA, 20 year

Seller

Scarlett Susan Eckert and The Scarlett Susan Eckert Family Trust

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: 09/19/2024 at 9:30 PM

Listing updated: 09/06/2024 at 5:53 PM

Listed by: Tim Veigle, WATSON REALTY CORP Phone #: (407) 359-2300

MLS: StellarMLS #O6173585

StellarMLS logo

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