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$474,900

Beds
1
Baths
1.0
sq ft
1,005

5201 S Atlantic Ave Unit 401A, New Smyrna Beach, FL 32169

5201 S Atlantic Ave Unit 401A

New Smyrna Beach, FL 32169

  • 140 days on market
    • Price drop $25,000↓
Stunning 1/1 Oceanfront Condo in New Smyrna Beach! Welcome to your dream getaway with panoramic views of both the ocean and city skyline ! This meticulously maintained 1-bedroom, 1-bathroom condo is the epitome of pride of ownership. Ease of maintenance with tiled floors throughout the main living areas and luxurious vinyl plank flooring in the primary bedroom. Kitchen is equipped with plenty of storage, all wood cabinets, and a raised kitchen bar area for comfort and entertaining. With gated entry, this corner end unit offers unparalleled privacy and security. Enjoy the luxury of a private beach that is also a no-drive beach, ensuring a serene and safe environment. Relish the breathtaking views from your condo, capturing the essence of paradise. This property is perfect for those looking to generate rental income, with short-term rentals permitted. Bring your furry friends along; this building welcomes pets! The condo is in pristine condition, reflecting meticulous care and attention to detail. **Prime Location:** Located close to all that New Smyrna Beach has to offer, you'll have easy access to local attractions, dining, and entertainment options. Live in paradise while enjoying the convenience of city amenities. Enjoy the breathtaking sunrises and sunsets that rejuvenate your soul each day! Don't miss out on this rare opportunity to own a piece of paradise. Schedule a viewing today and experience the best of New Smyrna Beach living! All information intended to be accurate, but cannot be guaranteed.

Details

Property type

Condominium

Est. home value

$504,234

Property condition

Updated/Remodeled

Lot size

5.42 acres

Price per sq ft

$473

Year built

1980

Annual property taxes

$5,546

Monthly HOA fee

$400

Price History

11/07/2024
Daytona

Daytona #1200562

Price change
$474,900
-5%
09/13/2024
Daytona

Daytona #1200562

Listed
$499,900
08/29/2024
Daytona

Daytona #1200562

Pending
$499,900

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

$166,535
Asking price
$474,900
Closing costs (~8% of asking)
-$37,992
Est. remaining loan balance
-$270,373
Cash to seller
$166,535

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

Seller’s Loan History

Lender

Guaranty Home Mortgage Corp

Loan start date

August 2021

Original loan amount

$290,532

Est. remaining balance

$270,373

Interest rate

2.9%

Loan type

VA, 30 year

Seller

Timothy E Shaffer and Donna J Shaffer

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: 11/08/2024 at 5:20 AM

Listing updated: 11/07/2024 at 1:39 PM

Listed by: Brian Madsen, EXIT Real Estate Property Solutions

MLS: Daytona #1200562

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