tomo logo

$129,900

Beds
1
Baths
1.0
sq ft
544

216 Preston Ln, Melbourne, FL 32935

216 Preston Ln

Melbourne, FL 32934

  • 18 days on market
INVESTOR ALERT!! Existing tenant! Come take a look at this beautiful REMODELED second floor unit. Upgrades include new AC system, new tile flooring, new quartz countertop, new modern vanity and light fixture, new dining light and master ceiling fan, and new interior paint. This condo is centrally located in Melbourne close to shopping, restaurants, Eastern Florida State College within 5 minutes and only 15 minutes to the beach. Community offers tennis courts, basketball, playground, large pool, and a fenced area for boat storage. Enjoy low maintenance lifestyle as the HOA fees cover all exterior maintenance so you can spend your days relaxing poolside. Check it out today before it is GONE!

Details

Property type

Condominium

Est. home value

$135,548

Lot size

2,613.6 sq ft

Price per sq ft

$239

Year built

1977

Monthly HOA fee

$385

Price History

02/04/2025
BrevardMLS

BrevardMLS #1036308

Listed
$129,900
-2.7%
08/14/2024
BrevardMLS

BrevardMLS #1014377

Removed
$133,500
05/19/2024
BrevardMLS

BrevardMLS #1014377

Listed
$133,500
+62.8%

Schools & Community

Elementary school: 

Croton

Middle school: 

Johnson

High school: 

Eau Gallie

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Regions Mortgage

Loan start date

December 2005

Original loan amount

$64,000

Est. remaining balance

Not provided

Interest rate

7.37%

Loan type

Fannie Mae/Freddie Mac, 16 year

Seller

Cynthia L Brown

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: 02/22/2025 at 9:20 PM

Listing updated: 02/17/2025 at 4:00 PM

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

MLS: BrevardMLS #1036308

BrevardMLS logo

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