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$1,750,000

Beds
3
Baths
3.0
sq ft
Unknown

423 S Atlantic Ave Unit 301, New Smyrna Beach, FL 32169

423 S Atlantic Ave Unit 301

New Smyrna Beach, FL 32169

  • 28 days on market
Experience the ultimate in coastal luxury with this top-floor oceanfront Penthouse suite. Fully furnished this 3-bedroom, 3-bathroom sanctuary spans 2,250 square feet of pure elegance. With a private 4-car garage and the potential to generate up to $14,000 in monthly rental income. An ultra-exclusive ocean-front, 6 residence building just 2 blocks to the lively Flagler Avenue. The open floor plan that seamlessly blends the living, dining, and kitchen areas. The large balcony opens from the living area. The kitchen is a chef's dream with solid surface countertops, gorgeous wood cabinetry, stainless steel appliances. The spacious primary bedroom offers breathtaking ocean views and has direct access to a private balcony through sliding doors.

Details

Property type

Condominium

Est. home value

$1,209,891

Lot size

Unknown

Price per sq ft

Unknown

Year built

2004

Annual property taxes

$15,808

Monthly HOA fee

$1,640

Price History

06/12/2024
SEF

SEF #A11699678

Listed
$1,750,000

Schools & Community

Neighborhood: 

Central 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

$1,122,144
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$487,856
Cash to seller
$1,122,144

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

Seller’s Loan History

Lender

Fifth Third Bank Na

Loan start date

June 2021

Original loan amount

$612,500

Est. remaining balance

$487,856

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Edson Arneault and Edson R Arneault

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: 12/24/2024 at 1:30 PM

Listing updated: 11/25/2024 at 8:15 PM

Listed by: Patricia Collado, Collado Real Estate Phone #: (386) 427-0002

MLS: SEF #A11699678

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