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$535,000

Beds
2
Baths
2.0
sq ft
1,130

4141 S Atlantic Ave Unit 502, New Smyrna Beach, FL 32169

4141 S Atlantic Ave Unit 502

New Smyrna Beach, FL 32169

  • 118 days on market
    • Price drop $64,900↓
All Assessments Paid! Immediate Short-Term Rental Income! (Great Ocean Condo Rentals) Fully Furnished! Direct Oceanfront! Priced to Sell! Breathe in the healthy coastal lifestyle. Whether you're looking for a serene home or a lucrative investment property, this well-maintained residence offers the ideal coastal living experience. Step into an open floor plan that creates a spacious and inviting atmosphere, perfect for relaxation and entertaining guests. Located on the no-drive beach, large sliders frame stunning ocean views, filling the space with natural light and an airy feel. Enjoy the convenience of an ensuite bathroom in the master bedroom, along with a guest bedroom and bath. There's also a versatile den/office/flex space. The in-unit washer and dryer make laundry a breeze. This direct oceanfront condo is move-in ready and presents an exceptional investment opportunity as an active short-term rental. Whether you choose to use it as a full-time residence or capitalize on its

Details

Property type

Condominium

Est. home value

$680,235

Lot size

2.42 acres

Price per sq ft

$474

Year built

1981

Annual property taxes

$7,810

Monthly HOA fee

$930

Price History

02/21/2025
Daytona

Daytona #1205294

Price change
$535,000
-10.82%
01/14/2025
Daytona

Daytona #1205294

Price change
$599,900
-6.99%
12/12/2024
Daytona

Daytona #1205294

Price change
$645,000
-0.62%

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

$255,622
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$236,578
Cash to seller
$255,622

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

July 2016

Original loan amount

$290,000

Est. remaining balance

$236,578

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Douglas J Elkin and Barbara H Elkin

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: 02/23/2025 at 5:50 PM

Listing updated: 02/21/2025 at 10:49 AM

Listed by: Patricia Collado, Collado Real Estate

MLS: Daytona #1205294

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