tomo logo

$415,000

Beds
3
Baths
2.0
sq ft
1,434

505 N Miramar Ave Unit 405, Indialantic, FL 32903

505 N Miramar Ave Unit 405

Indialantic, FL 32903

  • 237 days on market
WELCOME to YOUR Oceanfront Oasis with a Sizable Partial Ocean View! Experience the best of coastal living in this 3 bdrm 2 bath with over 1430 sqft of living space. Located in the heart of Indialantic. With the ocean as your backyard, you'll wake up to the soothing sounds of waves and breathtaking sunrises. The open layout seamlessly connects the living, dining, and kitchen areas, making it perfect for relaxation and entertaining. Step out onto your balcony to feel the ocean breeze and take in the stunning view. Whether you're exploring nearby restaurants, strolling to the grocery store, or enjoying the parks, everything is within walking distance. Don't miss the chance to make this oceanfront haven your own - where relaxation and convenience meet in perfect harmony!

Details

Property type

Condominium

Est. home value

$472,430

Lot size

1,742 sq ft

Price per sq ft

$290

Year built

1983

Annual property taxes

$5,388

Monthly HOA fee

$960

Price History

05/13/2024
BrevardMLS

BrevardMLS #1012400

Listed
$415,000
05/01/2024
BrevardMLS

BrevardMLS #1012400

Removed
$415,000
04/30/2024
BrevardMLS

BrevardMLS #1012400

Listed
$415,000
-7.57%

Schools & Community

Elementary school: 

Indialantic

Middle school: 

Hoover

High school: 

Melbourne

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

$225,320
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$156,480
Cash to seller
$225,320

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

February 2008

Original loan amount

$238,500

Est. remaining balance

$156,480

Interest rate

6.07%

Loan type

Not Provided, 30 year

Seller

John L Sumwalt and Mary C Sumwalt

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: 12/23/2024 at 5:55 PM

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

Listed by: Sandy K Fahnestock, Denovo Realty Phone #: (321) 237-1887

MLS: BrevardMLS #1012400

BrevardMLS logo

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