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$1,750,000

Beds
3
Baths
3.0
sq ft
2,250

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

423 S Atlantic Ave Unit 301

New Smyrna Beach, FL 32169

  • 164 days on market
    • Price drop $50,000↓
Experience the ultimate in coastal luxury with this top-floor oceanfront Penthouse suite, where every detail has been curated for both style and comfort. Fully furnished and exquisitely designed by a professional interior designer, this 3-bedroom, 3-bathroom sanctuary spans 2,250 square feet of pure elegance. Imagine waking up to breathtaking beach views from not one, but two expansive balconies, or stepping directly onto the sand from your exclusive beach access. With a private 4-car garage and the potential to generate up to 14,000 in monthly rental income, this is not just a home - its a lifestyle and a smart investment. In an ultra-exclusive ocean-front, 6 residence building just 2 blocks to the lively Flagler Avenue, this penthouse offer the perfect blend of serenity and convenience. Don't miss your chance to own this unparalleled slice of paradise. Enjoy a variety of restaurants, shopping, entertainment, and beachside activities, all within walking distance. Entertain in style with the open floor plan that seamlessly blends the living, dining, and kitchen areas. The spacious living room is highlighted by stunning ocean views, creating a perfect backdrop for both relaxing and entertaining. The large balcony opens from the living area and provides the perfect spot to enjoy morning coffee or evening cocktails while taking in the ocean views and breeze. The kitchen is a chef's dream that boasts solid surface countertops, gorgeous wood cabinetry, stainless steel appliances, and a stylish tile backsplash. It's designed for both functionality and beauty, making meal preparation a pleasure. The spacious primary bedroom offers breathtaking ocean views and has direct access to a private balcony through sliding doors. It features ample closet space and an en-suite bathroom with high-end finishes, providing a serene private retreat. An additional 2nd bedroom has it's own en-suite that offers privacy and comfort for family members and guests. Both are thoughtfully designed with stylish decor and ample space. The spacious office allows for extra space to host family and friends with easy access to the 3rd bathroom. Enjoy the amenities that this oceanfront complex has to offer, including a sparkling pool, well-maintained grounds, and easy beach access, ensuring a resort-like experience right at home. With a 4-car garage, there is plenty of room for your cars and toys! With its prime location and high demand, it's perfect for vacation rentals or as a year-round residence. Experience the ultimate in oceanfront living with this luxurious condo home. Schedule your showing today.

Details

Property type

Condominium

Est. home value

$1,209,891

Lot size

0.51 acres

Price per sq ft

$778

Year built

2004

Annual property taxes

$15,808

Monthly HOA fee

$1,640

Price History

08/15/2024
Daytona

Daytona #1200166

Price change
$1,750,000
-2.78%
06/12/2024
Daytona

Daytona #1200166

Listed
$1,800,000

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

$1,115,979
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$494,021
Cash to seller
$1,115,979

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

$494,021

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: 11/23/2024 at 12:25 PM

Listing updated: 11/12/2024 at 5:20 PM

Listed by: Patricia Collado, Collado Real Estate

MLS: Daytona #1200166

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