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$495,000

Beds
2
Baths
2.0
sq ft
1,380

2425 S Atlantic Ave Unit 406, Daytona Beach, FL 32118

2425 S Atlantic Ave Unit 406

Daytona Beach, FL 32118

  • 137 days on market
    • Price drop $2,000↓
Enjoy paradise in this beautiful 4th floor fully furnished condo right on the ''World's Most Famous Beach.'' This 2BR 2BTH unit has a private balcony that overlooks the Atlantic Ocean and a beautiful lagoon style pool with lush tropical landscaping. This condo has a spacious floor plan comfortable for both full & part time living, or vacation rentals. Owners at the Caribbean enjoy amenities such as a stunning 19-story atrium lobby with two glass elevators, a luxury Penthouse Clubroom that is perfect for all types of entertaining, a tropical oceanfront pool, private beach access, exercise room, indoor hot tub, game room, underground parking, surveillance cameras across the entire property, and much more. This is a premier building in Daytona Beach Shores, don't miss out on this opportunity. opportunity.

Details

Property type

Condominium

Est. home value

$476,688

Lot size

2.67 acres

Price per sq ft

$359

Year built

1988

Annual property taxes

$3,730

Monthly HOA fee

$795

Price History

08/21/2024
Daytona

Daytona #1124463

Price change
$495,000
-0.4%
07/27/2024
Daytona

Daytona #1124463

Price change
$497,000
-3.5%
06/04/2024
Daytona

Daytona #1124463

Listed
$515,000
+87.27%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$357,889
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$97,511
Cash to seller
$357,889

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

Seller’s Loan History

Lender

First National Bank Of Florida

Loan start date

June 2004

Original loan amount

$185,000

Est. remaining balance

$97,511

Interest rate

6.01%

Loan type

Not Provided, 30 year

Seller

Mark Nathans and Barbara E Massaro

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: 10/18/2024 at 8:45 PM

Listing updated: 09/21/2024 at 11:48 PM

Listed by: Nick Pandelos, Pandelos Real Estate, LLC

MLS: Daytona #1124463

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