tomo logo

$899,000

Beds
2
Baths
2.0
sq ft
1,230

1601 Ocean Dr S Unit 701, Jacksonville Beach, FL 32250

1601 Ocean Dr S Unit 701

Jacksonville Beach, FL 32250

  • 33 days on market
OPEN HOUSE: MAR 30 (1- 4 P.M.) Welcome home to oceanfront opulance. Come live everyday like you're on vacation! $7 million dollar restoration project only weeks away from finishing, PAID IN FULL by the seller & you reap the benefit! Please note the SELLER REQUIRES pre-approval or POF letter to tour this unit. Oceanfront coastal elegance awaits you in this 2 BR/2 BA COMPLETELY UPDATED condo w/40' expansive balcony to enjoy NE sunrise ocean views & NW sunset views. The art gallery foyer greets you upon entering & the floor to ceiling glass doors w/automated designer roller shades draw you into the living room w/the beautiful Napoleon fireplace surrounded by Casablanca tile, reclaimed wood modern mantle, T.V. inset, flanked by Arabesque wall sconces & modern Hunter fan. Main areas have Travertine tile, Bedrooms have Onyx Natural plank porcelain. Kitchen features GE Profile SS appliances, custom wood Olympus White cabinets w/soft close features champagne gold hardware & fixtures, champagne gold hardware & fixtures, LED under cabinet task lighting, Icelandic Blue glass back splash & Vadara Serono GoldQuartz counter top finish this gorgeous kitchen with ocean views. The dining area features Olympus White buffet & storage cabinets with soft closefeatures, champagne gold hardware, Vadara Serono Gold quartz, glass front & glass shelf upper cabinets, breakfast bar, under cabinet LED lighting, flanked by Arabesque sconces and Arabesque dining chandelier. Floor to ceiling sliding glass doors with automated designer roller shades leads to the balcony for outdoor dining. The King size primary bedroom features designer sconce lighting, Hunter ceiling fan, custom automated black-out roller shade, Her large walk-in custom organizer closet and His large reach-in closet. The primary bath has gorgeous walk in shower with customer niches, white shaker double vanity with soft close features, Moen & American Standard fixtures, Vadara Serono Gold quartz and designer sconces. Hallway with closet for back stock items, linens and broom storage. Queen bedroom 2 has large hanging closet, separate stacked laundry, modern Hunter fan, Plantation Shutters and beautiful views. The guest bath features rare large soaking tub with rain head and hand held shower. Custom splash glass, white shaker vanity with soft close features, American Standard and Moen fixtures and designer lighting. Alabaster walls and Pure White ceilings and trim are accented with the LED true white high hats throughout the unit. * Seller to contribute $10,000 towards HOA DUES.

Details

Property type

Condominium

Est. home value

$768,538

Property condition

Updated/Remodeled

Lot size

435.6 sq ft

Price per sq ft

$731

Year built

1974

Annual property taxes

$9,016.13

Monthly HOA fee

$1,486

Price History

03/06/2025
RealMLS

RealMLS #2072764

Listed
$899,000
+74.56%
09/01/2020
RealMLS

RealMLS #1051600

Sold
$515,000

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

$535,017
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$292,063
Cash to seller
$535,017

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

August 2020

Original loan amount

$325,000

Est. remaining balance

$292,063

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Cynthia Sharp Ingram and Brad J Ingram

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: 04/02/2025 at 5:00 AM

Listing updated: 03/31/2025 at 7:39 PM

Listed by: KELLY PERKINS PA, WATSON REALTY CORP Phone #: (904) 446-4000

MLS: RealMLS #2072764

RealMLS logo