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$525,000

Beds
2
Baths
2.0
sq ft
1,555

3855 S Atlantic Ave Unit 401, Daytona Beach, FL 32118

3855 S Atlantic Ave Unit 401

Daytona Beach, FL 32118

  • 103 days on market
    • Price drop $30,000↓
PRICE REDUCTION!Do not miss out on the opportunity to own this exquisite, newly renovated condo right on the stunning Daytona Beach Shores. Every inch of this spacious oceanfront unit has been meticulously designed, offering breathtaking views from the serene Atlantic beaches to the tranquil intracoastal. With 2 bedrooms, 2 bathrooms, and not one, not two, but THREE balconies, this unit is a dream come true. The gorgeous furnishings are included, although this can be negotiated. The complex boasts secure underground parking, a seasonally heated pool, a spacious indoor Jacuzzi, a luxurious walk-in sauna, a fully equipped exercise room, shuffleboard, and a delightful beachside grilling area. You can also access the beach via a secure walkway. And great news! The seller is generously offering a 15,000 dollar concession at closing to help cover association/assessment fees for balcony renovations. Don't hesitate - schedule a showing today and envision your life in this beachfront paradise!

Details

Property type

Condominium

Est. home value

$496,802

Property condition

Updated/Remodeled

Lot size

1.55 acres

Price per sq ft

$338

Year built

1986

Annual property taxes

$3,600

Monthly HOA fee

$829

Price History

11/01/2024
Daytona

Daytona #1202665

Price change
$525,000
-5.41%
08/12/2024
Daytona

Daytona #1202665

Listed
$555,000
+84.39%
01/31/2019
Daytona

Daytona #1048310

Sold
$301,000
+2.03%

Schools & Community

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

$324,855
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$158,145
Cash to seller
$324,855

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

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

January 2019

Original loan amount

$176,000

Est. remaining balance

$158,145

Interest rate

4.63%

Loan type

New Conventional, 30 year

Seller

Barbara Martinez

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 8:05 PM

Listing updated: 11/13/2024 at 1:01 AM

Listed by: Kelley Ramirez, Living Management Realty LLC

MLS: Daytona #1202665

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