tomo logo

$495,000

Beds
3
Baths
2.5
sq ft
1,483

2720 Cutlass Point Ln Unit 101, Merritt Island, FL 32953

2720 Cutlass Point Ln Unit 101

Merritt Island, FL 32953

  • 7 days on market
Welcome to Cape Crossing where modern Key-West architecture meets a waterfront community complete with marina, clubhouse, fitness center, community pool and spa, and on-site vacation rental management where there are NO RESTRICTIONS on daily rentals. This unit comes completely furnished, corner unit with direct marina view, and is one of the most updated units available, boasting a newly refreshed kitchen with soft close cabinetry, white quartz countertops, pendant lighting over the island, new Bosch dishwasher, and high-end quartz sink. Downstairs offers an open floorplan with tiled floors, an abundance of natural light, crown molding, 5.25-inch baseboards, recessed lighting, and remote-controlled blinds. Outside, enjoy the best of waterfront living! This community boasts a private marina-perfect for boating enthusiasts along with a resort-style pool, spa, and on-site restaurant. Navigable waterway to the Indian River, Banana River, and a short ride to the Canaveral Locks.

Details

Property type

Townhouse

Est. home value

$512,823

Property condition

Updated/Remodeled

Lot size

1,307 sq ft

Price per sq ft

$334

Year built

2018

Annual property taxes

$5,352.07

Monthly HOA fee

$767.12

Price History

02/14/2025
BrevardMLS

BrevardMLS #1037362

Listed
$495,000
+26.11%
06/18/2021
BrevardMLS

BrevardMLS #905221

Sold
$392,500
+9.06%
07/19/2019
BrevardMLS

BrevardMLS #848917

Sold
$359,900

Schools & Community

Elementary school: 

Carroll

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

$165,922
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$289,478
Cash to seller
$165,922

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

December 2018

Original loan amount

$323,910

Est. remaining balance

$289,478

Interest rate

4.85%

Loan type

New Conventional, 30 year

Seller

Tamsyn Alyssa Campbell

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: 02/22/2025 at 4:30 AM

Listing updated: 02/15/2025 at 7:05 AM

Listed by: Dillon Bout, Blue Marlin Real Estate Phone #: (321) 877-2902

MLS: BrevardMLS #1037362

BrevardMLS logo