tomo logo

$510,000

Beds
3
Baths
2.0
sq ft
1,264

5 Ocean Crest Way Unit 1432, Palm Coast, FL 32137

5 Ocean Crest Way Unit 1432

Palm Coast, FL 32137

  • 100 days on market
    • Price drop $15,000↓
Welcome to your dream coastal retreat in the prestigious Hammock Beach community. This luxurious 3-bedroom, 2-bathroom condominium offers nearly 1,300 sq ft of elegant living space. Upon entry you are greeted with high ceilings, rounded corners, and natural light pouring in from over the ocean. The open kitchen, featuring granite countertops, 42'' cabinets, and a peninsula counter is ideal for entertaining as it flows seamlessly into the great room. Large sliders reveal stunning views, creating a serene backdrop for everyday living. Split floor plan ensures privacy for both owner and guest. The spacious primary bedroom boasts an ensuite bath with dual vanities, a separate shower, and a soaking tub. The nicely-sized secondary bedrooms share a guest bathroom with a shower/tub combo, providing comfort and privacy for guests. This home is being offered ''turn key'' and is tastefully decorated. All you need is your toothbrush! Just a short walk from the Hammock Beach Club, you can indulge in world-class amenities, including 9 pools, 5 restaurants, a fitness center, a spa, 2 signature golf courses, tennis courts, and 4 pickleball courts. With a club membership, you can fully embrace the ultimate coastal lifestyle or benefit from investment income. Additional updates include a newer AC, newer water heater, and crown molding. This remarkable condominium offers luxury, comfort, and breathtaking natural beauty in a location like no other.

Details

Property type

Condominium

Est. home value

$477,072

Lot size

0.59 acres

Price per sq ft

$404

Year built

2005

Annual property taxes

$5,658

Monthly HOA fee

$736

Price History

11/18/2024
Daytona

Daytona #1202771

Price change
$510,000
-2.86%
08/15/2024
Daytona

Daytona #1202771

Listed
$525,000
-1.87%
08/01/2024
StellarMLS

StellarMLS #FC297252

Removed
$535,000

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

$261,995
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$207,205
Cash to seller
$261,995

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

June 2022

Original loan amount

$215,000

Est. remaining balance

$207,205

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Nathan A Johnson and Megan L Johnson

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 12:00 AM

Listing updated: 11/18/2024 at 5:19 PM

Listed by: Stephanie Cathey, RE/MAX Signature

MLS: Daytona #1202771

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