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$649,000

Beds
3
Baths
2.0
sq ft
1,342

209 S 5th St, Flagler Beach, FL 32136

209 S 5th St

Flagler Beach, FL 32136

  • Pending
    • Price drop $26,000↓
NEW PRICE REDUCTION! This is a RARE opportunity to own TWO Short-Term Rental Units on one property. It is steps away from the beach, shops, restaurants, and live entertainment - in the heart of Flagler Beach! Vacation rentals are very hard to find in this community. This unique oversized property, with medium density zoning, consists of 2 separate cottages - 2 bedroom/1 bath and a true 1 bedroom/1 bath. Both can be rented short-term. It boasts a separate outdoor area for each cottage, detached 2 car garage, and storage shed. Both houses are furnished and are move-in or rental ready. It is an investor's dream or the perfect snowbird property, as you can visit one unit, rent the other unit, and have your expenses paid. Flagler Beach is one of the most sort-after travel locations in Florida. It's a must see to really appreciate this property and all it has to offer! Don't wait...it is priced to sell! All information taken from the tax record, and while deemed reliable, cannot be guaranteed.

Details

Property type

Single Family Residence

Est. home value

$568,657

Lot size

7,501.03 sq ft

Price per sq ft

$484

Year built

1972

Annual property taxes

$6,329

Price History

03/25/2025
Daytona

Daytona #1204521

Pending
$649,000
03/13/2025
Daytona

Daytona #1204521

Price change
$649,000
-3.85%
02/19/2025
Daytona

Daytona #1204521

Price change
$675,000
-2.88%

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

$293,504
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$303,576
Cash to seller
$293,504

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

February 2022

Original loan amount

$325,000

Est. remaining balance

$303,576

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Harold R Bolton and Victoria A Roach

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: Pending/Under Contract

Tomo last checked: 04/01/2025 at 10:35 PM

Listing updated: 04/01/2025 at 11:00 AM

Listed by: Fran Ruvo, Simply Real Estate

MLS: Daytona #1204521

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