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$522,000

Beds
2
Baths
2.0
sq ft
912

3801 S Atlantic Ave Unit 307, New Smyrna Beach, FL 32169

3801 S Atlantic Ave Unit 307

New Smyrna Beach, FL 32169

  • 57 days on market
Direct oceanfront penthouse condo home with immediate rental income. Move right into this 2-bedroom, 2-bath penthouse condo in the highly sought-after Point East Condominiums. Offering breathtaking ocean views and direct access to the no-drive beach, this condo is perfect for both personal enjoyment and immediate rental income. The open-concept living area is bright and spacious, flowing seamlessly onto a private balcony that overlooks the beautifully maintained grounds with sweeping ocean and pool views. The primary bedroom also opens onto the balcony and features a well-appointed ensuite, creating the perfect retreat. The second bedroom provides comfortable accommodations for family and guests. This condo boasts numerous upgrades, including the removal of popcorn ceilings with new textured ceiling, updated luxury vinyl and tile flooring throughout, crown molding, chair rails, modern ceiling fans, and a glass shower door. The 2021 AC system ensures year-round comfort. The remodeled The 2021 AC system ensures year-round comfort. The remodeled kitchen has been redesigned with granite countertops, upgraded appliances, and electrical systems. The location of oceanfront Point East is beside a city park which provides open ocean views. Enjoy the many amenities Point East has to offer, including a large pool, kiddie pool, clubhouse, library, bike room, shuffleboard court, and a private storage unit. Don't miss this rare opportunity to own a fully furnished, move-in-ready oceanfront penthouse. Whether you're looking for a dream beach getaway or an investment property, this is your chance to own a slice of paradise.

Details

Property type

Condominium

Est. home value

$497,669

Lot size

2.71 acres

Price per sq ft

$573

Year built

1973

Annual property taxes

$6,061

Monthly HOA fee

$650

Price History

10/29/2024
Daytona

Daytona #1205316

Listed
$522,000
+174.74%
01/22/2015
StellarMLS

StellarMLS #NS1017393

Sold
$190,000

Schools & Community

Neighborhood: 

Coronado Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$367,781
Asking price
$522,000
Closing costs (~8% of asking)
-$41,760
Est. remaining loan balance
-$112,459
Cash to seller
$367,781

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

Seller’s Loan History

Lender

Access National Mortgage

Loan start date

January 2015

Original loan amount

$142,500

Est. remaining balance

$112,459

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Michael Thomas and Zeynep B Thomas

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: 12/25/2024 at 12:30 AM

Listing updated: 11/13/2024 at 12:50 PM

Listed by: Patricia Collado, Collado Real Estate

MLS: Daytona #1205316

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