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$645,000

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

  • 58 days on market
    • Price drop $4,000↓
Direct oceanfront fully furnished 2 Br, 2Ba condo home with immediate rental income. Whether you're seeking a serene home or a lucrative investment property, this well-maintained residence provides the ideal coastal lifestyle. Step into an open floor plan creating a spacious and inviting atmosphere, perfect for relaxation and entertaining guests. Large sliders frame the stunning ocean views, filling the space with natural light. The kitchen features solid surface countertops, a tile backsplash, and a breakfast bar. The spacious primary suite offers water views and an ensuite bathroom. The guest bedroom and bath are perfect for family and guests. There is also a den/office/flex space. The in-unit washer and dryer make laundry a breeze. This direct oceanfront condo home is move-in-ready. This property presents an exceptional investment opportunity with a short term rental policy. Whether you choose to use it as a full-time residence or capitalize on its rental potential Well-maintained complex with beautiful landscaping and common areas with a prime location to restaurants and shopping. Own a piece of coastal paradise. Easy to see!

Details

Property type

Condominium

Est. home value

$680,235

Lot size

2.42 acres

Price per sq ft

$571

Year built

1981

Annual property taxes

$7,810

Monthly HOA fee

$930

Price History

12/12/2024
Daytona

Daytona #1205294

Price change
$645,000
-0.62%
11/21/2024
Daytona

Daytona #1205294

Price change
$649,000
-1.52%
10/28/2024
Daytona

Daytona #1205294

Listed
$659,000
+81.79%

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

$355,610
Asking price
$645,000
Closing costs (~8% of asking)
-$51,600
Est. remaining loan balance
-$237,790
Cash to seller
$355,610

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

$237,790

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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3001 S Atlantic Ave Unit 503, New Smyrna Beach, FL 32169

Status: Active

Tomo last checked: 12/25/2024 at 12:35 AM

Listing updated: 12/12/2024 at 1:19 PM

Listed by: Patricia Collado, Collado Real Estate

MLS: Daytona #1205294

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