tomo logo

$585,000

Beds
2
Baths
2.0
sq ft
1,509

306 Coral Reef Way, Daytona Beach, FL 32124

306 Coral Reef Way

DAYTONA BEACH, FL 32124

  • 29 days on market
    • Price drop $10,000↓
Welcome to your dream home in Latitude Margaritaville! This Jamaica villa offers a luxurious lifestyle with a heated pool and a spacious screened-in lanai, perfect for year-round enjoyment. Being a part of Phase One, you are walking distance to the Town Center that include outstanding restaurants, shops and amenities! Whether you're seeking privacy or hosting guests, this home has everything you need. The interior boasts elegant tile and luxury vinyl plank flooring throughout, a large, open kitchen with ample storage, granite countertops, and top-of-the-line stainless steel appliances, including a gas range. This beautiful villa features 2 bedrooms, 2 bathrooms, and a versatile den/office space. The primary suite is a serene retreat at the back of the home, offering a tranquil view of the conservation area and a spacious walk-in closet. The en-suite bathroom is well-appointed with a double vanity and granite countertops, plus a walk-in shower with a built-in ledge for added convenience. Additional highlights include a garage with built-in shelving and a utility sink, making storage and organization a breeze. This light-filled home is your canvas, ready to be personalized to reflect your unique style. Plus, living in Latitude Margaritaville means access to the most desirable 55+ community amenities, including the private Bar & Chill Restaurant, Mango Theater, live music seven days a week, Fins Up Fitness Center, pickle-ball courts, a pottery workshop, pet spa, and a private beach club. Start living your best life in this exceptional home—schedule a showing today! All information is intended to be accurate, but is not guaranteed.

Details

Property type

Single Family Residence

Est. home value

$534,429

Lot size

5,184 sq ft

Price per sq ft

$388

Year built

2018

Annual property taxes

$7,272

Monthly HOA fee

$354.85

Price History

10/03/2024
StellarMLS

StellarMLS #NS1082541

Price change
$585,000
-1.68%
09/06/2024
StellarMLS

StellarMLS #NS1082541

Listed
$595,000
+5.31%
10/14/2022
Daytona

Daytona #1098433

Sold
$565,000
+101.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Senior community center: 

Yes

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

$125,573
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$412,627
Cash to seller
$125,573

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2022

Original loan amount

$423,750

Est. remaining balance

$412,627

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Beth Lynn Munson and Christopher Carl Munson

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: 10/05/2024 at 1:20 AM

Listing updated: 10/03/2024 at 1:11 PM

Listed by: Jessica Gramig, EXIT REAL ESTATE PROPERTY SOL Phone #: (386) 763-3008

MLS: StellarMLS #NS1082541

StellarMLS logo

Recently listed in DAYTONA BEACH