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$1,495,000

Beds
3
Baths
2.0
sq ft
1,700

1615 Coral Ave, Vero Beach, FL 32963

1615 Coral Ave

Vero Beach, FL 32963

  • 40 days on market
Welcome to your dream home in the heart of South Beach! This stunning corner lot residence has been meticulously renovated from top to bottom, offering a timeless style. Boasting 3 bedrooms and 2 bathrooms, this home features an open-concept floor plan with abundant natural light, sparkling Terrazzo floors, a breakfast bar, fenced yard, outdoor shower, and much more! Upgrades include impact windows, 2022 roof, STEP system, lighting, & irrigation system with well. Enjoy Florida living at its best with a beautifully private landscaped yard, pool/spa and pergola for outside entertaining and dining. Located just a block from the ocean, this home is sure to create the ultimate coastal oasis.

Details

Property type

Single Family Residence

Est. home value

$1,310,211

Lot size

0.24 acres

Price per sq ft

$880

Year built

1970

Annual property taxes

$14,061

Price History

08/11/2024
Beaches

Beaches #R11012026

Listed
$1,495,000
+12.83%
03/24/2023
IndianRiver

IndianRiver #265167

Sold
$1,325,000
+50.57%
06/24/2022
IndianRiver

IndianRiver #254169

Sold
$880,000

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

$661,783
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$713,617
Cash to seller
$661,783

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

Seller’s Loan History

Lender

Bayshore Mortgage Funding Llc

Loan start date

March 2023

Original loan amount

$726,200

Est. remaining balance

$713,617

Interest rate

6.09%

Loan type

New Conventional, 30 year

Seller

Bruce M Powell and Pascale H Powell

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: 09/20/2024 at 1:35 AM

Listing updated: 09/10/2024 at 4:40 PM

Listed by: Michelle Clarke, Dale Sorensen Real Estate Inc. Phone #: (772) 231-4712

MLS: Beaches #R11012026

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