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$165,000

Beds
2
Baths
2.0
sq ft
1,033

205 Palmetto Ave Unit 306, Merritt Island, FL 32953

205 Palmetto Ave Unit 306

Merritt Island, FL 32953

  • 3 days on market
Welcome home! Completely move in ready with plenty of room for your own personal touches. 2-bedroom, 2-bathroom, and screened back patio porch on the second floor overlooking the courtyard. This home gives you 1,033 Sqft of living space with functional kitchen with laminate counters and tiled backsplash, living area with carpet and plenty of natural light, open floor plan dining and living room, and in unit washer and dryer space. The spacious screened back porch to drink your coffee and watch the birds with the early sunrise, with small storage room. There is extra storage space for the property in the community shared laundry room facility for that building. Start enjoying the junior Olympic community swimming pool, 9ft deep, and courtyard features, with the property and community close to Shopping, cocoa beach, and views of the launches! Low HOA. HOA maintained roof, 2022 AC, 2010 water heater.

Details

Property type

Condominium

Est. home value

$147,436

Lot size

2,178 sq ft

Price per sq ft

$160

Year built

1983

Annual property taxes

$471.61

Monthly HOA fee

$460.23

Price History

06/28/2024
BrevardMLS

BrevardMLS #1018183

Listed
$165,000

Schools & Community

Elementary school: 

Mila

Middle school: 

Jefferson

High school: 

Merritt Island

Community features: 

Pool

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

$135,993
Asking price
$165,000
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$15,807
Cash to seller
$135,993

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

Seller’s Loan History

Lender

Launch Federal Cu

Loan start date

June 2020

Original loan amount

$25,000

Est. remaining balance

$15,807

Interest rate

2.72%

Loan type

New Conventional, 10 year

Seller

Sara L Astle and Lori Lindow

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: 07/01/2024 at 11:00 AM

Listing updated: 06/29/2024 at 7:03 AM

Listed by: Dillon Bout, Blue Marlin Real Estate Phone #: (321) 877-2902

MLS: BrevardMLS #1018183

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