tomo logo

$124,900

Beds
1
Baths
1.0
sq ft
720

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

250 N Banana River Dr Unit G

Merritt Island, FL 32952

  • 14 days on market
**HERE IT IS!! ESTATE SALE Ground Floor Unit (NO STAIRS!!) located in Desirable WATERFRONT Condo Community--Bring Your BOAT or JET SKI!! LOW HOA FEES TOO! Blank Canvas to Make this Your Own--with some TLC this Unit can be Your Next Vacation or Dream Condo OR BUY NOW FOR INVESTMENT, RETIRE HERE LATER!! Great Location in the Community, it's DIRECTLY ACROSS from the Carports and VERY Close to the BOAT SLIPS! Spacious Floor Plan feels Larger than Square Footage PLUS Beautiful Courtyard Views and Porch to Relax on! LOTS TO DO here too! Relax at the HEATED POOL or Watch for DOLPHINS from the OBSERVATION DECK, Enjoy the TIKI HUT BBQ or Workout in the Fitness Room. QUICK ACCESS TO Rt 528 BEACHES/ORLANDO/CRUISES/SPACE X! Walk/Bike to Restaurants, Shops, Mall, Walmart, Grocery. A+ Schools & More! CALL for EZ Appt to See ASAP!!

Details

Property type

Condominium

Est. home value

$173,831

Property condition

Fixer

Lot size

8.0 acres

Price per sq ft

$174

Year built

1964

Annual property taxes

$0.11

Monthly HOA fee

$324

Price History

12/14/2024
BrevardMLS

BrevardMLS #1031718

Listed
$124,900

Schools & Community

Elementary school: 

Audubon

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

-$2,974
Asking price
$124,900
Closing costs (~8% of asking)
-$9,992
Est. remaining loan balance
-$117,882
Cash to seller
-$2,974

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

August 2007

Original loan amount

$178,487

Est. remaining balance

$117,882

Interest rate

6.63%

Loan type

FHA, 30 year

Seller

Sergio Gonzalez Garcia

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: 12/23/2024 at 1:25 PM

Listing updated: 12/22/2024 at 11:40 AM

Listed by: Julie Meyer, RE/MAX Solutions Phone #: (321) 766-5674

MLS: BrevardMLS #1031718

BrevardMLS logo

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