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$1,100,000

Beds
2
Baths
2.5
sq ft
1,619

505 Mandalay Ave Unit 62, Clearwater Beach, FL 33767

505 Mandalay Ave Unit 62

CLEARWATER BEACH, FL 33767

  • 202 days on market
    • Price drop $99,000↓
The number 1 location on Clearwater Beach is Belle Harbor providing water access to the intracoastal and white sand beaches alike.  This pet friendly (large dogs welcome!) walk up unit gives you access to it all! From the area's top restaurants and nightlife to easy access to the beach.  The front entrance is preceded by an extended terrace with city view for relaxing on beautiful starry nights. As you walk in you are captivated by the custom builtin displays for art, and stainless steel hand railings dividing the classy and sophisticated split level plan with dangling pendant lamps from the 13ft ceilings. Pre-wired for sound throughout the unit, you can enjoy the ambiance in front of your heat emitting electric fireplace in the living room. Upstairs are 2 bedrooms and 2 bathrooms including a Primary suite with a huge bathroom and walk-in closet with closet organization.  One of the best renting buildings on the beach allows for 30 day rentals when not being used for personal use and entertainment. This unit comes complete with convenient parking in a large private 2 car garage and a 2 zoned heating and cooling system with newer components. With the first class amenities Belle Harbor has become famous for, coupled with the countless upgrades, this beach home is set apart and is a must see.

Details

Property type

Condominium

Est. home value

$1,115,180

Lot size

Unknown

Price per sq ft

$680

Year built

2005

Annual property taxes

$14,105

HOA fee

$960

Price History

09/01/2024
StellarMLS

StellarMLS #U8232851

Listed
$1,100,000
08/30/2024
StellarMLS

StellarMLS #U8232851

Removed
$1,100,000
07/07/2024
StellarMLS

StellarMLS #U8232851

Price change
$1,100,000
-8.26%

Schools & Community

Neighborhood: 

Clearwater Beach Association

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Fitness Center, 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

$758,777
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$253,223
Cash to seller
$758,777

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

January 2018

Original loan amount

$292,000

Est. remaining balance

$253,223

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

George J Henges

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: 09/18/2024 at 9:30 PM

Listing updated: 09/04/2024 at 12:50 PM

Listed by: Christopher Grasso, BHHS FLORIDA PROPERTIES GROUP Phone #: (727) 461-1700

MLS: StellarMLS #U8232851

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