tomo logo

$309,900

Beds
1
Baths
1.0
sq ft
535

3509 S Atlantic Ave Unit 308, New Smyrna Beach, FL 32169

3509 S Atlantic Ave Unit 308

NEW SMYRNA BEACH, FL 32169

  • 38 days on market
    • Price drop $3,100↓
SELLER OFFERING CREDIT TOWARDS CLOSING COSTS - Prime Investment Opportunity – This 1-bed, 1-bath condo has generated an impressive $40K in rental income annually for the past two years. It’s the perfect entry point for new investors looking to break into the market with minimal upfront capital. With HOA fees covering all utilities and the condo being sold fully furnished, this unit is truly turnkey and ready to rent. Enjoy the dual benefits of a steady cash flow from short-term rentals and having your own private retreat when you want to escape to New Smyrna Beach. You’re just 50 steps from the pristine, non-driving beach, across the street from 7-Eleven, and a quick 2-minute walk to Chase’s on the Beach, one of NSB's local favorites. This is your chance to own a piece of paradise without the high barrier to entry—secure your slice of New Smyrna Beach before it’s gone!

Details

Property type

Condominium

Est. home value

$321,738

Lot size

535 sq ft

Price per sq ft

$580

Year built

1984

Annual property taxes

$3,855

Monthly HOA fee

$869

Price History

11/13/2024
StellarMLS

StellarMLS #O6249685

Price change
$309,900
-0.99%
10/25/2024
StellarMLS

StellarMLS #O6249685

Price change
$313,000
-0.63%
10/16/2024
StellarMLS

StellarMLS #O6249685

Listed
$315,000
+0.96%

Schools & Community

Neighborhood: 

Coronado Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

John P Carpenter Etux

Loan start date

May 2013

Original loan amount

$48,000

Est. remaining balance

Not provided

Interest rate

3.43%

Loan type

Seller take-back, 5 year

Seller

Approved Mortgage Source Llc

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: 11/23/2024 at 11:10 AM

Listing updated: 11/18/2024 at 8:27 PM

Listed by: Robert Frankenstein, CHARLES RUTENBERG REALTY ORLANDO Phone #: (407) 622-2122

MLS: StellarMLS #O6249685

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Recently listed in NEW SMYRNA BEACH