tomo logo

$819,000

Beds
3
Baths
2.0
sq ft
1,887

505 S Miramar Ave Unit 2204, Indialantic, FL 32903

505 S Miramar Ave Unit 2204

Indialantic, FL 32903

  • 165 days on market
    • Price drop $20,000↓
Prepare to fall in love with this immaculate home with direct Ocean views just a short stroll from all of the shops and dining options in the heart of downtown Indialantic by the Sea. Two designated, garage parking spots plus an air conditioned storage room. Impact glass windows and sliders keep things nice and quiet and a number of recent upgrades, such as, new tile flooring, new refrigerator, range, ceiling fans and AC systems (both components) all from 2022 and freshly painted recently in 2023. Solidly built Magnolia Key also features a tropical pool area, workout room and a large clubhouse off the pool with a full kitchen. Move in ready, so plan your visit soon, you won't want to leave! Shown by appointment.

Details

Property type

Condominium

Est. home value

$890,990

Property condition

Updated/Remodeled

Lot size

2,614 sq ft

Price per sq ft

$435

Year built

2006

Annual property taxes

$7,084.96

Monthly HOA fee

$900

Price History

09/03/2024
BrevardMLS

BrevardMLS #1011781

Price change
$819,000
-2.38%
06/04/2024
BrevardMLS

BrevardMLS #1011781

Price change
$839,000
-1.18%
04/29/2024
BrevardMLS

BrevardMLS #1011781

Price change
$849,000
-5.56%

Schools & Community

Elementary school: 

Indialantic

Middle school: 

Hoover

High school: 

Melbourne

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

$474,673
Asking price
$819,000
Closing costs (~8% of asking)
-$65,520
Est. remaining loan balance
-$278,807
Cash to seller
$474,673

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

Seller’s Loan History

Lender

Alkan Mortgage Corp

Loan start date

June 2021

Original loan amount

$300,000

Est. remaining balance

$278,807

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Gregory L Deangelo and Helene R Deangelo

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: 10/05/2024 at 5:20 AM

Listing updated: 09/23/2024 at 3:41 AM

Listed by: David Settgast, One Sotheby's International Phone #: (321) 984-3135

MLS: BrevardMLS #1011781

BrevardMLS logo

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