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$1,599,000

Beds
3
Baths
3.5
sq ft
3,144

1777 Wavecrest St, Merritt Island, FL 32952

1777 Wavecrest St

Merritt Island, FL 32952

  • 10 days on market
Rare 2.25% Fixed VA Assumable Mortgage! This custom-built masterpiece boasts 3,144 square feet of meticulously designed living space on the Banana River. The gourmet kitchen features quartz countertops, premium stainless-steel appliances, induction stovetop, a pantry and ample cabinetry for storage. The open concept living, dining and kitchen is ideal for entertaining. Other notable features of this exceptional property include newly installed air conditioners, an aluminum roof with solar panels (no electric bill for 24 years!) and a two-car garage. Retreat to the spacious first floor primary suite with a jetted tub, separate shower and dual sinks w/makeup vanity. Two additional bedrooms, one with their own en-suite bath, provide comfort and privacy for family and guests. Relax in the heated saltwater pool, the covered lounging area or enjoy your coffee watching the sunrise from the dock. The home features a boat lift where you will have deep water access to the Atlantic Ocean. ======================================== !!!!!!!Rare VA Assumable Fixed 2.25% Mortgage!!!!!!! !!!!!!!No Electric payments for 24 yrs minimum !!!!!!!!! ======================================== Nestled along the tranquil banks of the Banana River in Merritt Island, this custom-built masterpiece offers a harmonious blend of elegance and serenity. Boasting 3,144 square feet of meticulously designed living space, this stunning residence is a haven for those seeking waterfront living. Step inside to discover an inviting ambiance accentuated by a beautiful view of the river. The open-concept layout seamlessly integrates the living, dining, and kitchen areas, ideal for both intimate gatherings and grand entertaining. The heart of the home, the gourmet kitchen, is a chef's delight, featuring brand-new Cambria quartz countertops, premium stainless-steel appliances, induction stovetop, a pantry and ample cabinetry for storage. Retreat to the spacious first floor master suite, where luxury meets tranquility and wake up to the beautiful river views. The en-suite bathroom completes your experience with a jetted tub, separate shower and dual vanity. Two additional bedrooms, one with their own en-suite bath, provide comfort and privacy for family and guests. Step outside to your own personal oasis and marvel at the unparalleled beauty of the river. Relax in the heated saltwater pool or in the covered lounging area. Mornings will be glorious as you enjoy your coffee watching the sunrise paint the sky in hues of orange and yellow. The included boat lift ensures effortless deep water access to the Atlantic Ocean in 20 minutes. Enjoy water activities from boating to fishing and beyond. Don't be surprised if you see dolphins, manatees and even sea turtles come right up to your dock. Other notable features of this exceptional property include luxury vinyl plank flooring throughout the first floor, newly installed air conditioners, an aluminum roof with solar panels and a two-car garage. Seize the opportunity to own a slice of paradise here in the Space Coast where you'll get to see the space launches in close proximity. With its unparalleled beauty, impeccable craftsmanship, and prime location, this home represents the epitome of waterfront living. Priced at $1,599,000, this rare offering won't last long. Schedule your private tour today and experience the allure of riverfront living at its finest!

Details

Property type

Single Family Residence

Est. home value

$1,138,539

Lot size

7,405 sq ft

Price per sq ft

$509

Year built

2008

Annual property taxes

$813.74

Price History

11/13/2024
BrevardMLS

BrevardMLS #1029434

Listed
$1,599,000
+64%
08/31/2021
BrevardMLS

BrevardMLS #905167

Sold
$975,000

Schools & Community

Elementary school: 

Audubon

Middle school: 

Jefferson

High school: 

Merritt Island

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

$563,943
Asking price
$1,599,000
Closing costs (~8% of asking)
-$127,920
Est. remaining loan balance
-$907,137
Cash to seller
$563,943

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

Seller’s Loan History

Lender

Atlantic Mortgage Services Inc

Loan start date

August 2021

Original loan amount

$975,000

Est. remaining balance

$907,137

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Maynard Osborne and Karen Osborne

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: 11/23/2024 at 4:20 AM

Listing updated: 11/14/2024 at 7:05 AM

Listed by: Michael A DiChristopher, Providence Realty Team, Inc. Phone #: (321) 288-4111

MLS: BrevardMLS #1029434

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