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$365,000

Beds
2
Baths
2.0
sq ft
1,047

205 Highway A1a Unit 308, Satellite Beach, FL 32937

205 Highway A1a Unit 308

Satellite Beach, FL 32937

  • 1 day on market
Breathtaking Oceanfront Condo with Daily Rental Flexibility! Discover the ideal blend of comfort, convenience, and investment potential in this beautiful, 3rd-floor oceanfront condo offering serene views and abundant natural light. This spacious 2-bedroom, 2-bath unit is part of a forward-thinking condo association that proactively conducted a full structural analysis, ensuring the building meets today's standards. Recent updates include reinforced structural enhancements, new balconies, and a modern sprinkler system for safety and peace of mind. Enjoy a wealth of amenities included in the condo fees, covering structural maintenance, water, sewer, laundry, professional condo management, and private beach access. Residents also benefit from access to the pool, clubhouse, and more—offering a resort-style lifestyle year-round. From the private balcony, enjoy a front-row seat to rocket launches from SpaceX, and embrace the unique experience of living where endangered sea turtles nest each season. The condo fees cover a wealth of amenities, including structural maintenance, water, sewer, laundry, professional condo management, and private beach access. Residents also benefit from access to the pool, clubhouse, and more, for a truly resort-style lifestyle. Whether you're seeking a tranquil beachside home, a profitable investment property, or a vacation retreat, this condo offers versatile optionsone of the few in the area permitting daily rentals. Its prime location places you close to shopping, entertainment, and world-renowned theme parks, making it the perfect base for year-round enjoyment. This unit is move-in ready and awaits its next lucky owner. Don't miss this exceptional opportunity for oceanfront living!

Details

Property type

Condominium

Est. home value

$444,016

Lot size

871 sq ft

Price per sq ft

$349

Year built

1964

Monthly HOA fee

$900

Price History

11/14/2024
BrevardMLS

BrevardMLS #1029651

Listed
$365,000
-5.19%
08/16/2024
BrevardMLS

BrevardMLS #972646

Removed
$385,000
07/19/2024
BrevardMLS

BrevardMLS #972646

Price change
$385,000
-6.1%

Schools & Community

Elementary school: 

Sea Park

Middle school: 

DeLaura

High school: 

Satellite

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

$150,052
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$185,748
Cash to seller
$150,052

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

September 2020

Original loan amount

$204,000

Est. remaining balance

$185,748

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Agnes G Reynoso and Frank Reynoso

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: 11/14/2024 at 8:00 PM

Listing updated: 11/14/2024 at 3:15 PM

Listed by: Sarah Munkacsy, Ohana East Coast Realty Phone #: (321) 306-0320

MLS: BrevardMLS #1029651

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