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$560,000

Beds
5
Baths
4.0
sq ft
2,648

416 N Peninsula Dr, Daytona Beach, FL 32118

416 N Peninsula Dr

Daytona Beach, FL 32118

  • 96 days on market
    • Price drop $15,000↓
    • Open house Sep 20
$10,000 credit to buyer for rate or closing costs from this motivated seller! This is the investment opportunity you've been looking for! Room for boats, RV, motorcycles and all your toys! Perfect for investors seeking a rental opportunity, to live in one side and rent the other or Multi-generational living or just a vacation home you can visit and store all your toys. Both homes have been extensively remodeled and brought to modern design without losing that vintage charm. The 1918 main house offers 3 bedrooms, 2 bathrooms, new flooring, upgraded countertops, and a washer and dryer. The back unit features 2 bedrooms, 2 bathrooms, a separate laundry room, and a new water heater. Both units have updated plumbing, HVAC systems, and new bathrooms. Additional features include new siding and a stucco-finished two-car garage. The main home comes completely furnished so you can start making a rental income immediately. FHA, VA or Conventional, Seller is Considering all offers!

Details

Property type

Single Family Residence

Est. home value

$282,651

Property condition

Updated/Remodeled

Lot size

7,501.03 sq ft

Price per sq ft

$212

Year built

1918

Annual property taxes

$3,847

Price History

08/02/2024
Daytona

Daytona #1200320

Price change
$560,000
-2.61%
06/15/2024
Daytona

Daytona #1200320

Listed
$575,000

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

$204,833
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$310,367
Cash to seller
$204,833

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

June 2023

Original loan amount

$315,000

Est. remaining balance

$310,367

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Del Val Investment Group 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: 09/19/2024 at 5:55 PM

Listing updated: 09/13/2024 at 1:13 PM

Listed by: Joy Pratt-Martin PA, LPT Realty, LLC

MLS: Daytona #1200320

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