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$459,000

Beds
3
Baths
2.5
sq ft
1,483

211 Ivory Coral Ln Unit 102, Merritt Island, FL 32953

211 Ivory Coral Ln Unit 102

Merritt Island, FL 32953

  • 5 days on market
Priced to sell quickly! This Cape Crossing Resort & Marina townhome is being listed well below recent comps and other active listings in the community. Welcome to this beautiful, clean, and spacious Cape Crossing townhouse conveniently located at Cape Crossing Resort & Marina, near the 528 Beachline Expressway, Kennedy Space Center, Cocoa Beach, and cruise ports! This 3 bedroom, 2 1/2 bathroom two-story townhouse is fully furnished, and is zoned for short-term rental purposes allowing for nightly rentals, and may also be used as a permanent or seasonal residence, and may be rented short-term or long-term. Buyers can manage their own rentals or hire a vacation rental property manager. Beautiful finishes to this property include travertine tile and crown moulding on main level, luxury vinyl plank flooring on second level, and granite countertops throughout. Dogs allowed, refer to HOA docs for any restrictions. The community amenities include a pool, fitness center, and sauna. On-site dining is available at the Dolphins Waterfront Bar & Grill, and the nearby marina also has a variety of boat rentals and tours available. Property is being listed below comps to provide incentive to buyer in recognition for monthly HOA dues increases in 2025 and to reflect other matters as disclosed in Seller's Disclosure. Please refer to Seller's Property Disclosure statement for further information. Property is being sold As-Is. Buyer and Buyer's Agent to verify all information and dimensions in listing and are encouraged to perform adequate due diligence.

Details

Property type

Townhouse

Est. home value

$503,932

Lot size

1,307 sq ft

Price per sq ft

$310

Year built

2017

Annual property taxes

$5,344.71

Monthly HOA fee

$767

Price History

12/29/2024
BrevardMLS

BrevardMLS #1032796

Listed
$459,000
+9.31%
06/28/2022
BrevardMLS

BrevardMLS #924308

Sold
$419,900
+16.64%
09/21/2018
BrevardMLS

BrevardMLS #825457

Sold
$360,000

Schools & Community

Elementary school: 

Carroll

Middle school: 

Jefferson

High school: 

Merritt Island

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

$106,209
Asking price
$459,000
Closing costs (~8% of asking)
-$36,720
Est. remaining loan balance
-$316,071
Cash to seller
$106,209

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2022

Original loan amount

$328,000

Est. remaining balance

$316,071

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Nicole M Melchiori

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: 01/03/2025 at 2:35 AM

Listing updated: 12/30/2024 at 7:05 AM

Listed by: Stephen K. Hachey, Flat Fee MLS Realty Phone #: (813) 699-9616

MLS: BrevardMLS #1032796

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