tomo logo

$509,000

Beds
3
Baths
2.5
sq ft
1,483

2710 Cutlass Point Ln Unit 101, Merritt Island, FL 32953

2710 Cutlass Point Ln Unit 101

Merritt Island, FL 32953

  • 39 days on market
Kick Out Clause in Place. Fully Furnished Townhome with Marina Views in a Beautiful Key West Style Resort Community. Live here year round or use as a short-term rental investment. This End Unit features 3 bedrooms, 2.5 bathrooms, and a one car attached garage. Upgrades include granite counter tops, cherry cabinets, SS appliances, travertine tile flooring, impact rated windows, & metal roof. Amenities include a clubhouse with fitness center, heated pool, spa, sauna, Waterfront Dolphin Bar & Grill w/Tiki Bar. Boat slips available for a monthly fee. Boat rental service available along with rentals of pontoon boats, paddle boards, & kayaks. Perfect investment opportunity with on site rental management. Great location close to Cocoa Beach, Cape Canaveral, Cruise Ships & a short drive to Orlando. Call today!

Details

Property type

Townhouse

Est. home value

$495,988

Lot size

1,307 sq ft

Price per sq ft

$344

Year built

2017

Annual property taxes

$5,277.87

Monthly HOA fee

$606.16

Price History

06/21/2024
BrevardMLS

BrevardMLS #1015103

Listed
$509,000
06/17/2024
BrevardMLS

BrevardMLS #1015103

Pending
$509,000
05/28/2024
BrevardMLS

BrevardMLS #1015103

Listed
$509,000
+35.73%

Schools & Community

Elementary school: 

Carroll

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

$206,334
Asking price
$509,000
Closing costs (~8% of asking)
-$40,720
Est. remaining loan balance
-$261,946
Cash to seller
$206,334

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

Seller’s Loan History

Lender

Bayshore Mortgage Funding Llc

Loan start date

April 2021

Original loan amount

$281,250

Est. remaining balance

$261,946

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Sriram Sean Narayan and Tonya Leigh Gopalasamudram

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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343 N Tropical Trl Unit 101, Merritt Island, FL 32953

Status: Active

Tomo last checked: 07/05/2024 at 9:15 PM

Listing updated: 06/21/2024 at 9:46 AM

Listed by: Andy Waterman, Waterman Real Estate, Inc. Phone #: (321) 215-2100

MLS: BrevardMLS #1015103

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