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$750,000

Beds
2
Baths
2.0
sq ft
1,347

5207 S Atlantic Ave Unit 1226, New Smyrna Beach, FL 32169

5207 S Atlantic Ave Unit 1226

NEW SMYRNA BEACH, FL 32169

  • 209 days on market
    • Price drop $40,000↓
End Unit with amazing views. Recently remodeled, the 12th floor end unit has east and south facing views with lots of light and oceanfront ONE-OF-A KIND VIEWS of the Atlantic Ocean and the Intercoastal Waterway and is located on the non-driving beach. Six sliding glass doors lead to 3 balconies uniquely positioned to provide STUNNING SUNRISE VIEWS and AMAZING SUNSET views. Direct views of NASA Rocket Launches. The spacious living area has ample seating, Ocean views can also be seen from the fully equipped kitchen with all stainless-steel appliances. All new impact windows throughout the unit. The owner's suite has balcony access, king size bed, walk-in closet, bathroom w/ walk-in shower, double vanity, and linen closet. The second bedroom has balcony access and a king size bed. There is a full-size washer and dryer conveniently located in the unit. Building amenities include secure entry, two elevators, UNDERGROUND PARKING, beautiful recently refurbished pool, hot tub, sauna, club room, grill area and shuffleboard court. Community has been updated with fiber optic cable. Easy access to the no drive beach. Rental income will help cover the cost of ownership. Future bookings can be transferred to the new owner. Seller has rental history for this unit and the community and has an on -site rental office and management. Milestone Inspection was completed. Step directly onto the non-driving beach for serene walks and sunbathing, without a car in sight. The community offers an abundance of amenities including a swimming pool, hot tub, and sauna, perfect for relaxation after a day in the sun. Investors will find significant value in the substantial rental income potential of this beachfront gem. This condo is more than a home; it’s a smart investment and a lifestyle upgrade. Ready to embrace the full spectrum of beachside living along with an opportunity for impressive rental returns? Your next profitable venture by the sea awaits.

Details

Property type

Condominium

Est. home value

$755,238

Lot size

1.98 acres

Price per sq ft

$557

Year built

1986

Annual property taxes

$8,799

HOA

No

Price History

02/12/2025
StellarMLS

StellarMLS #O6238938

Price change
$750,000
-5.06%
09/05/2024
StellarMLS

StellarMLS #O6238938

Listed
$790,000
+1.94%
05/08/2024
StellarMLS

StellarMLS #NS1074627

Removed
$775,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2011

Original loan amount

$152,806

Est. remaining balance

$107,747

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Jerry L Harris and Patricia L Harris

Lender

Money Source Inc

Loan start date

July 1998

Original loan amount

$175,500

Est. remaining balance

Not provided

Interest rate

7.1%

Loan type

Not Provided

Seller

Jerry Harris and Patricia L Harris

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: 04/02/2025 at 4:05 PM

Listing updated: 03/21/2025 at 1:40 PM

Listed by: Sharon Snow, COLLADO REAL ESTATE Phone #: (386) 427-0002

MLS: StellarMLS #O6238938

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