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$245,000

Beds
Unknown
Baths
2.0
sq ft
793

1909 S Atlantic Ave Unit 720, Daytona Beach, FL 32118

1909 S Atlantic Ave Unit 720

Daytona Beach, FL 32118

  • 62 days on market
Double Your Oceanfront Investment Potential with TWO Turnkey Condos! Seize this incredible opportunity to own not one, but TWO income-generating condos at the Oceanside Inn! Each unit is already a proven money-maker, offering you immediate returns and a strong foundation for building wealth. Unit 1:& 2 Steady Income Stream - This condo is currently leased, generating nearly 900 each monthly net profit. Enjoy consistent cash flow from day one! Hassle-Free Ownership: Say goodbye to landlord headaches! The HOA fee covers ALL utilities, including internet and cable. This simplifies management and boosts your bottom line. Prime Location = High Occupancy: The Oceanside Inn boasts a vibrant atmosphere and direct beach access. Guests love the on-site restaurant and tiki bar, ensuring strong demand and excellent.Contact us today to secure your slice of paradise and start building your wealth with these prime oceanfront condos! No Known Assessments!

Details

Property type

Condominium

Est. home value

$157,738

Property condition

Updated/Remodeled

Lot size

1.8 acres

Price per sq ft

$309

Year built

1970

Annual property taxes

$2,081

Monthly HOA fee

$809.91

Price History

10/24/2024
Daytona

Daytona #1205170

Listed
$245,000
+34.62%
11/21/2022
Daytona

Daytona #1101071

Sold
$182,000
+13.75%
06/06/2022
Daytona

Daytona #1091533

Sold
$160,000
+60%

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

$152,942
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$72,458
Cash to seller
$152,942

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

Seller’s Loan History

Lender

Market Street Mortgage Corp

Loan start date

July 2004

Original loan amount

$135,000

Est. remaining balance

$72,458

Interest rate

6.3%

Loan type

Not Provided, 30 year

Seller

Mark Edward Neuman and Linda J Neuman

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: 12/25/2024 at 12:05 PM

Listing updated: 12/01/2024 at 3:39 PM

Listed by: Joy Pratt-Martin PA, LPT Realty, LLC

MLS: Daytona #1205170

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