tomo logo

$565,000

Beds
4
Baths
2.5
sq ft
2,274

205 Rita Blvd, Melbourne Beach, FL 32951

205 Rita Blvd

Melbourne Beach, FL 32951

  • 182 days on market
    • Price drop $25,000↓
Calling all Future Residents or Investors, now you have a tenant in place for a year to pay your bills. Purchase this Melbourne Beach retreat ~ 4bd./2.5bth/2274 sqft. with an annual tenant, and move in after the lease is up, or rent it again for $3500.00 monthly. Located just a short stroll from the pristine shores of the Atlantic Ocean, and the Indian River, this home is perfect for those who love the laid back beach life, and the backyard Hot Tub also helps. This home has seen several recent renovations, including 2024 Roof, new tile and laminate wood flooring, 2024 HVAC, an updated bathroom vanity, Bahama shutters, and new beachy chic paint ~ inside & out. The upgraded kitchen has a new sink & marble countertops, and plenty of room to cook up your island favored cuisine. Situated on a tropical landscaped double lot with ample space to park your RV or boat. CALL TODAY to see this island home you've been dreaming of! By appointment only.

Details

Property type

Single Family Residence

Est. home value

$606,258

Lot size

0.26 acres

Price per sq ft

$249

Year built

1978

Price History

09/25/2024
BrevardMLS

BrevardMLS #1017885

Listed
$565,000
09/24/2024
BrevardMLS

BrevardMLS #1017885

Removed
$565,000
09/17/2024
BrevardMLS

BrevardMLS #1017885

Price change
$565,000
-4.24%

Schools & Community

Elementary school: 

Gemini

Middle school: 

Hoover

High school: 

Melbourne

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

$270,463
Asking price
$565,000
Closing costs (~8% of asking)
-$45,200
Est. remaining loan balance
-$249,337
Cash to seller
$270,463

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

July 2020

Original loan amount

$275,500

Est. remaining balance

$249,337

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Charles Farney

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?

Similar Homes Nearby

StellarMLS
$629,900
4 bd
|
3 ba
|
2,215 sq ft
|
House

2201 Rosewood Dr, Melbourne Beach, FL 32951

BrevardMLS
$599,900
3 bd
|
3 ba
|
1,921 sq ft
|
House

1081 Sunswept Rd NE, Palm Bay, FL 32905

BrevardMLS
$629,900
3 bd
|
3 ba
|
1,672 sq ft
|
House

230 Rita Blvd, Melbourne Beach, FL 32951

Status: Active

Tomo last checked: 12/25/2024 at 12:20 AM

Listing updated: 11/13/2024 at 12:27 AM

Listed by: Brenton Conaway, Real Broker LLC Phone #: (855) 450-0442

MLS: BrevardMLS #1017885

BrevardMLS logo

Recently listed in Melbourne Beach