tomo logo

$1,295,000

Beds
4
Baths
2.5
sq ft
2,396

16 Sloop Dr, Cocoa Beach, FL 32931

16 Sloop Dr

Cocoa Beach, FL 32931

  • 1 day on market
Canal front beauty! Discover why so many want waterfront living in Cocoa Beach! Fully renovated and move in ready! 4 bedrooms and 2.5 baths with nearly 2500 sq ft under air. Nothing left undone! Updated electrical wiring and all new plumbing fixtures! Large modern kitchen with all new appliances. Luxury SPC vinyl floors throughout for easy clean up. Updated bathrooms with stylish tile! Storage galore with walk in closets and an oversized laundry room. Could double as a home office! Impact windows for safety and peace of mind! The sparkling pool is large and deep! Plenty of outdoor space to entertain and enjoy the dock and water! Large gazebo for that sunset picnic! Short ride to open water on the Banana River! Kayak through the famous Thousand Islands! 5 minute drive to the beach as well as downtown restaurants and bars! Currently an AirbnB with mega gross income! Make it an investment or make every day feel like a vacation yourself and call it home! Better yet call for Appt!

Details

Property type

Single Family Residence

Est. home value

$967,122

Property condition

Updated/Remodeled

Lot size

9,148 sq ft

Price per sq ft

$541

Year built

1967

Price History

11/13/2024
BrevardMLS

BrevardMLS #1029426

Listed
$1,295,000
+40%
09/19/2022
BrevardMLS

BrevardMLS #936217

Sold
$925,000

Schools & Community

Elementary school: 

Roosevelt

Middle school: 

Cocoa Beach

High school: 

Cocoa Beach

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

$519,604
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$671,796
Cash to seller
$519,604

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

September 2022

Original loan amount

$693,750

Est. remaining balance

$671,796

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Curtis Samuel Redden Jr and Abbey Kay Redden

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: 11/14/2024 at 11:30 AM

Listing updated: 11/13/2024 at 6:55 PM

Listed by: Stephen J Harrington, Florida Property Center Phone #: (321) 783-2620

MLS: BrevardMLS #1029426

BrevardMLS logo

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