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$1,099,000

Beds
2
Baths
2.0
sq ft
1,400

4600 Highway A1a Unit 505, Vero Beach, FL 32963

4600 Highway A1a Unit 505

Vero Beach, FL 32963

  • 17 days on market
    • Price drop $100,000↓
2 Bed / 2 Bath 5th Floor Oceanfront Penthouse in Vero Beach's exclusive zoning area, No Hi-Rises. Best un obstructed ocean views in the building, from every room, you are on the beach ! New impact windows and sliders, & hurricane shutters. Newly renovated Kitchen and bathrooms w/ Bosch stainless steel appliances & quartz counter tops. 2 Indoor parking spots. Walking distance to park, shops and restaurants. Private beach, pool, hot tub, sauna, gym, game room, library, hobby & meeting rooms. Extra on floor storage, security guard, key fob entry. Sizes approx./ subj to error.

Details

Property type

Single Family Residence

Est. home value

$880,716

Lot size

Unknown

Price per sq ft

$785

Year built

1981

Annual property taxes

$12,654

HOA fee

$1,154

Price History

09/02/2024
IndianRiver

IndianRiver #280820

Price change
$1,099,000
-8.34%
09/02/2024
IndianRiver

IndianRiver #280820

Listed
$1,199,000
08/20/2024
IndianRiver

IndianRiver #278758

Removed
$1,199,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$491,988
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$519,092
Cash to seller
$491,988

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

January 2022

Original loan amount

$550,000

Est. remaining balance

$519,092

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Joseph Durso

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?

Status: Active

Tomo last checked: 09/19/2024 at 12:30 PM

Listing updated: 09/16/2024 at 12:22 PM

Listed by: George L Nagy, BREC Properties Inc Phone #: (407) 447-9407

MLS: IndianRiver #280820

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