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$120,000

Beds
1
Baths
1.0
sq ft
720

250 N Banana River Dr Unit B14, Merritt Island, FL 32952

250 N Banana River Dr Unit B14

Merritt Island, FL 32952

  • 75 days on market
    • Price drop $10,000↓
Excellent Investment opportunity in a Central Merritt Island Waterfront Community! This super clean 1 bedroom/ 1 bath condo is open, light and bright with a Spacious Balcony! A Great second floor, move in ready condo with terrazzo flooring throughout a large private bedroom, separate bath with a tub/shower, ceiling fans and lots of closet space! This well-kept quiet community has amenities galore to include a boat dock w/boat storage when available, heated pool, tiki hut, community area w/grills, on-site laundry, on-site manager and maintenance office. Treasure Coast Harbour Villas is a hidden gem just a 5 minute drive to Cocoa Beach, 40 minutes to Orlando International Airport & Theme Parks, 25 minutes to KSC and 15 minutes to Port Canaveral! These are great investment properties, easy to rent or make a great vacation home or permanent residence!

Details

Property type

Condominium

Est. home value

$161,555

Lot size

2,178 sq ft

Price per sq ft

$167

Year built

1964

Annual property taxes

$1,744.97

Monthly HOA fee

$324

Price History

06/20/2024
BrevardMLS

BrevardMLS #1011648

Price change
$120,000
-7.69%
04/22/2024
BrevardMLS

BrevardMLS #1011648

Listed
$130,000

Schools & Community

Elementary school: 

Audubon

Middle school: 

Jefferson

High school: 

Merritt Island

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

-$6,311
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$116,711
Cash to seller
-$6,311

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

Seller’s Loan History

Lender

Great Country Mortgage Bankers Corp

Loan start date

June 2007

Original loan amount

$178,487

Est. remaining balance

$116,711

Interest rate

6.17%

Loan type

FHA, 30 year

Seller

Allan Augustin

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: 07/05/2024 at 9:55 PM

Listing updated: 06/20/2024 at 9:33 AM

Listed by: Donna A Gianotti-Kelley, Space Coast Realty & Inv. LLC Phone #: (321) 783-5000

MLS: BrevardMLS #1011648

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