tomo logo

$2,595,000

Beds
4
Baths
4.5
sq ft
3,697

28 Porto Mar Unit 502, Palm Coast, FL 32137

28 Porto Mar Unit 502

PALM COAST, FL 32137

  • 7 days on market
Additional photographs available next week. Rare opportunity for a 5th floor direct oceanfront unit in the highly desired luxury Le Jardin Condominium Building in the private, gated, guarded Hammock Dunes golfing community! This 7 story building contains only 26 units, each designed as a penthouse property. Attesting to the value of these units is the fact that they do not come on the market often and usually move quickly when they do!  The unit itself offers a functional open-space floor plan, featuring an open gourmet kitchen lay out with high-end appliances and gas counter top cooking!  Plenty of glass and patio space affords spectacular ocean views and an ongoing feeling of being one with the ocean.  Morning coffee or evening wines are enhanced by the cool ocean breezes and sounds of waves lapping the immediate shore! You are on the beach! A spacious family room features a fireplace and fabulous ocean views too! Your private two car garage with separate conditioned storage is located within the main parking garage for the building, which also offers a luxurious theatre room and assigned private conditioned wine lockers for residents.  Building Management and on site maintenance is in place during normal work hours.  Drive in through the guarded community gates, park in your private garage in a garage, come up to your unit and throw away the keys. You will have plenty of great things to do in the community, building and unit! Paradise defined. You don't have to leave!  Don't miss this! Membership in the Platinum rated Hammock Dunes Club is available, but not included in this offering.

Details

Property type

Condominium

Est. home value

$2,297,590

Lot size

0.53 acres

Price per sq ft

$702

Year built

2007

Annual property taxes

$18,076.17

Monthly HOA fee

$81.6

Price History

11/16/2024
StellarMLS

StellarMLS #FC305244

Listed
$2,595,000
+62.19%
12/28/2020
StellarMLS

StellarMLS #FC263203

Sold
$1,600,000
+15.11%
08/04/2015
StellarMLS

StellarMLS #FC208629

Sold
$1,390,000

Schools & Community

Elementary school: 

Old Kings Elementary

Middle school: 

Buddy Taylor Middle

High school: 

Matanzas High

Community features: 

Gated, Fitness Center

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

$1,920,797
Asking price
$2,595,000
Closing costs (~8% of asking)
-$207,600
Est. remaining loan balance
-$466,603
Cash to seller
$1,920,797

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

August 2015

Original loan amount

$578,300

Est. remaining balance

$466,603

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

Steven Robert Settles and Sherry L Settles

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: 11/22/2024 at 7:10 PM

Listing updated: 11/19/2024 at 2:45 PM

Listed by: Bob Bagdon, ENGEL & VOLKERS ST. AUGUSTINE (PALM COAST) Phone #: (386) 338-0326

MLS: StellarMLS #FC305244

StellarMLS logo

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