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$322,222

Beds
3
Baths
2.0
sq ft
1,269

199 Gibson Way, Port Orange, FL 32129

199 Gibson Way

PORT ORANGE, FL 32129

  • 90 days on market
    • Price drop $22,778↓
A VERY RARE OPPORTUNITY for buyers seeking an affordable quality home or for Airbnb investors! $50K GROSS RENTAL REVENUE from the past 12 months, and positioned for more. NO HOA FEES. NO RENTAL TERM RESTRICTIONS. CONVENIENT LOCATION. Welcome to this charming one-story home. This house is conveniently located near shopping centers, restaurants, and /parks, you'll have everything you need just a short distance away. It’s only a 10 minute drive to the beach and an hour away from all of Orlando’s attractions! Commuting is a breeze with easy access to major highways and public transportation. This house is zoned for great schools. It has never been flooded. It is also a very rare opportunity for Snowbirds investors who would like to spent the cold winters here in the Sunshine State and rent it out the remaining of the year. The rental revenue will cover nearly all costs, and bring possible income. Airbnb rental is permitted with no term restriction. What an ideal situation for a LOW or NO-COST second home! As you step inside, you'll be greeted by an abundance of natural light that fills every corner, creating a warm and inviting atmosphere. The open floor plan effortlessly connects the main living areas, making it ideal for entertaining guests or spending quality time with family. The kitchen has just been tastefully renovated with brand new granite countertops and refaced cabinets. The spacious kitchen featuring modern appliances, large counter space, and a convenient breakfast bar. Prepare delicious meals while enjoying the view of the huge backyard through the kitchen window. The very large backyard is a private fenced in oasis, with a variety of fruit trees including a grape vine, mulberry tree, peach tree, banana trees, avocado tree, and a few other Florida native plants. It’s nice and secure to ensure privacy and security. It offers plenty of space for outdoor activities, gardening, and a nice area for the family and pets to play! This house also boasts a spacious two-car garage, with built-in shelves providing ample storage space and protection for your vehicles. Don't let this rare opportunity slip by you. AN AFFORDABLE PROPERTY in a wonderful neighborhood, with NO HOA FEES, allows NON-RESTRICTED rental, is the most ideal and A VERY HARD TO COME BY OPPORTUNITY in today's Florida real estate market. Schedule a showing today by CALLING OR TEXTING KATE THE LISTING AGENT, and experience the perfect combination of comfort, convenience, affordability in a family neighborhood with this wonderful property.

Details

Property type

Single Family Residence

Est. home value

$279,821

Lot size

8,025 sq ft

Price per sq ft

$254

Year built

1978

Annual property taxes

$3,662.78

Price History

08/29/2024
StellarMLS

StellarMLS #O6216155

Price change
$322,222
-6.6%
08/10/2024
StellarMLS

StellarMLS #O6216155

Removed
$345,000
06/21/2024
StellarMLS

StellarMLS #O6216155

Listed
$345,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Fbc Mortgage Llc

Loan start date

December 2018

Original loan amount

$102,000

Est. remaining balance

$92,012

Interest rate

4.86%

Loan type

New Conventional, 30 year

Seller

Colby L Caldwell and Jennifer Kae Caldwell

Lender

Prime Home Mtg Inc

Loan start date

January 2002

Original loan amount

$72,800

Est. remaining balance

Not provided

Interest rate

7.02%

Loan type

Not Provided

Seller

Gregory Lee Caldwell

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: 09/19/2024 at 12:05 PM

Listing updated: 08/29/2024 at 4:57 PM

Listed by: Kate Song Song-Destro, YOUNG REAL ESTATE Phone #: (407) 904-0069

MLS: StellarMLS #O6216155

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