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$550,000

Beds
3
Baths
2.0
sq ft
1,735

1420 N Atlantic Ave Unit 301, Daytona Beach, FL 32118

1420 N Atlantic Ave Unit 301

Daytona Beach, FL 32118

  • 173 days on market
This is your chance to own a slice of paradise! 3-bedrooms, 2- full bathrooms, 1735 sq. ft Every room has amazing views. The primary bedroom has a private balcony for relaxing and watching the sunset. In addition, it boasts a new Slider door to the wrap-around balcony that connects the open living and dining area. This provides a 180 degree unobstructed view of the beach ,Atlantic Ocean and breathtaking sunrises. Perfect for your own private get-away, entertaining AND extra income potential with weekly rentals allowed. FURNISHED to sleep 10. This property has returning guests year after year. Great Rental history even during the construction phase that is near completion on this side of the building. Owners spared no expense when working on upgrades. The stone-faced fireplace is a statement and conversation piece. Nested between the NEW balcony windows and sliding doors. NEW A/C 2020, New Kitchen upgraded 2022, New Washer and Dryer June 2024. New Living and Dining flooring. All new windows are shown and still have blue tint protection on the inside and out. This is removable once the construction and washing of the balcony is complete.

Details

Property type

Condominium

Est. home value

$488,512

Lot size

1.76 acres

Price per sq ft

$318

Year built

1979

Annual property taxes

$6,987

Monthly HOA fee

$2,450

Price History

07/03/2024
Daytona

Daytona #1201072

Listed
$550,000
+42.49%
04/20/2021
StellarMLS

StellarMLS #O5925640

Sold
$386,000

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

$257,437
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$248,563
Cash to seller
$257,437

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

April 2021

Original loan amount

$270,200

Est. remaining balance

$248,563

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Eric Shafer and Patricia Grossman

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: 12/23/2024 at 8:45 AM

Listing updated: 11/12/2024 at 2:32 PM

Listed by: Melissa Moon, Watson Realty Corp

MLS: Daytona #1201072

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