tomo logo

$119,995

Beds
1
Baths
1.0
sq ft
602

268 Ulster Ct, Melbourne, FL 32935

268 Ulster Ct

Melbourne, FL 32935

  • 61 days on market
I'm calling all investors! Back on the market, the buyer changed his mind, great inspection! I'm presenting a rare opportunity to acquire a FULLY FURNISHED, FULLY KITCHEN SUPPLY AND TENANT IN PLACE !A/C 2021, water heater 2021, roof 2022. This condo unit has an impressive cash flow. Due to unforeseen family circumstances forcing the seller to sell. The tenant pays $1,400. Great investment property! Resort-style living in this 2nd-floor condo overlooking the pool. This beautiful remodeled 1/1 unit has new appliances. Enjoy unparalleled community amenities, including four pools, a playground, RV/Boat storage, tennis courts, basketball, and pickleball courts. All are conveniently located near schools, shopping, golf courses, beaches, and medical facilities.

Details

Property type

Condominium

Est. home value

$118,203

Lot size

2,614 sq ft

Price per sq ft

$200

Year built

1977

Monthly HOA fee

$355

Price History

11/12/2024
BrevardMLS

BrevardMLS #1027798

Listed
$119,995
11/10/2024
BrevardMLS

BrevardMLS #1027798

Pending
$119,995
11/07/2024
BrevardMLS

BrevardMLS #1027798

Price change
$119,995
+5.26%

Schools & Community

Elementary school: 

Croton

Middle school: 

Johnson

High school: 

Eau Gallie

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

$96,777
Asking price
$119,995
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$13,618
Cash to seller
$96,777

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

Seller’s Loan History

Lender

Riverside National Bank Of Florida

Loan start date

September 2003

Original loan amount

$27,600

Est. remaining balance

$13,618

Interest rate

6.14%

Loan type

Not Provided, 30 year

Seller

Kenneth Palombi and Gina Palombi

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 1:30 PM

Listing updated: 11/18/2024 at 10:50 PM

Listed by: Gali Gleicher, HomeSmart Coastal Realty Phone #: (321) 348-9528

MLS: BrevardMLS #1027798

BrevardMLS logo

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