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$140,000

Beds
Unknown
Baths
1.0
sq ft
540

1401 S Palmetto Ave Unit 119, Daytona Beach, FL 32114

1401 S Palmetto Ave Unit 119

DAYTONA BEACH, FL 32114

  • 19 days on market
Welcome to the Preserve at Rivers Edge! Where you have found a very affordable and highly desirable first floor efficiency condo located on the Halifax River! Located in a secure gated complex you are greeted by a very charming, well kept complex. This unit is positioned right next to the community pool, spa, club house, gym, car wash area, and even a dog park for maximum convenience! Being that it is updated you are all set to enjoy the Florida lifestyle so many are taking advantage of. It even has a stackable washer and dryer in your unit! Oh so close to the "Worlds most Famous Beach" This unit has all one could want at this price point! New AC unit 9/23 and new hot water heater 10/22.

Details

Property type

Condominium

Est. home value

$129,322

Lot size

14.54 acres

Price per sq ft

$260

Year built

1987

Annual property taxes

$1,481.35

HOA

No

Price History

12/04/2024
StellarMLS

StellarMLS #NS1083168

Listed
$140,000
+47.37%
05/14/2021
Daytona

Daytona #1081343

Sold
$95,000
+35.71%
08/12/2020
Daytona

Daytona #1071727

Sold
$70,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center

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

$68,505
Asking price
$140,000
Closing costs (~8% of asking)
-$11,200
Est. remaining loan balance
-$60,295
Cash to seller
$68,505

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

May 2021

Original loan amount

$76,000

Est. remaining balance

$60,295

Interest rate

2.45%

Loan type

New Conventional, 15 year

Seller

Michelle C Bohannon

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?

Status: Active

Tomo last checked: 12/22/2024 at 8:00 PM

Listing updated: 12/05/2024 at 6:54 AM

Listed by: Matt Guarro, MG REAL ESTATE GROUP Phone #: (386) 314-9502

MLS: StellarMLS #NS1083168

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