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$795,000

Beds
2
Baths
2.0
sq ft
1,110

1601 Ocean Dr S Unit 708, Jacksonville Beach, FL 32250

1601 Ocean Dr S Unit 708

Jacksonville Beach, FL 32250

  • 19 days on market
    • Price drop $14,000↓
Bask in oceanfront elegance w/ expansive 30 ft. balcony and spectacular 180-degree views of ocean and sunrises from living, dining and both bedrooms. Entertain in the flarge, open living spaces beaming with natural light and great views. Balcony is ideal for morning coffee, evening wine and/or outdoor dining. Main areas have floor-to-ceiling glass sliding doors, on-the-diagonal large format Travertine-like LFT and gleaming crown molding. Spacious kitchen features expansive granite countertops with backsplash, Whirlpool Gold stainless steel appliances, custom Honey Oak wood cabinets, LED under-cabinet lighting and supplemental spice storage. Counter features space for three bar-height stools. 2024 special assessment has been fully satisfied by seller. Similar units/full price offers have appraised. The seller/listing agent can refer a preferred lender who is familiar with Seascape and has recent experience successfully underwriting mortgages during ongoing building renovations. The 2024 special assessment funded construction work as follows: new roof, roof safety anchors, waterproofing balconies, new waterproof breezeway surfacing, post tension cable repairs, concrete and stucco repairs, removal of block façade and replacement with full metal panels, painting main building, walls and garage and related costs and expenses, landscaping repair and replacement work, as well as funding an unanticipated increase to the property insurance premium. 20% contingency included in budget.

Details

Property type

Condominium

Est. home value

$800,496

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$717

Year built

1974

Annual property taxes

$9,741.8

Monthly HOA fee

$938.53

Price History

11/18/2024
RealMLS

RealMLS #2054886

Price change
$795,000
-1.73%
11/03/2024
RealMLS

RealMLS #2054886

Price change
$809,000
-3.58%
11/03/2024
RealMLS

RealMLS #2054886

Listed
$839,000
+12.62%

Schools & Community

Elementary school: 

Seabreeze

Middle school: 

Duncan Fletcher

High school: 

Duncan Fletcher

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

February 2008

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

6.14%

Loan type

Credit Line (Revolving), 25 year

Seller

Gloria M Reiley

Lender

Jax Navy Fcu

Loan start date

April 1996

Original loan amount

$75,000

Est. remaining balance

$8,364

Interest rate

7.41%

Loan type

Not Provided, 30 year

Seller

Gloria M Reiley

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: 11/22/2024 at 7:05 AM

Listing updated: 11/18/2024 at 10:31 AM

Listed by: DECLAN HARP REILEY, BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY Phone #: (904) 241-2417

MLS: RealMLS #2054886

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