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$599,900

Beds
3
Baths
2.5
sq ft
2,110

521 Coral Reef Way, Daytona Beach, FL 32124

521 Coral Reef Way

Daytona Beach, FL 32124

  • 81 days on market
    • Price drop $15,000↓
Quick close & furniture available on this gorgeous Hammock Model, 2 Bedroom, 2.5 Bath in Latitude Margaritaville! Located on a large corner lot with room to add an extended lanai or a pool. Phase 1. New upgrades, gorgeous LVP flooring throughout, custom closets, custom quartz counters and backsplash in kitchen. 42'' Upper crown molded white kitchen cabinets, newer s/s appliances, double oven range, pantry & separate Dining Room that can be converted back into a 3rd Bedroom if desired. Den/Office with glass double doors for privacy. Expansive Primary Suite with door access to lanai, two walk-in closets, bath with double vanities, soaker tub & walk-in shower too! 2 Car Garage has overhead storage racks & epoxy floor. Seller had driveway widened for more room over builder size. Amenities include a fully outfitted Gym/Spin Room, Aerobics room, Pickleball, Tennis and private Beach Club with shuttle service.

Details

Property type

Single Family Residence

Est. home value

$623,425

Lot size

0.3 acres

Price per sq ft

$285

Year built

2019

Annual property taxes

$8,377

Monthly HOA fee

$315.82

Price History

09/28/2024
Daytona

Daytona #1201590

Price change
$599,900
-2.44%
09/26/2024
Daytona

Daytona #1201590

Removed
$614,900
07/28/2024
Daytona

Daytona #1201590

Price change
$614,900
-2.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Senior community center: 

Yes

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

$279,146
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$272,762
Cash to seller
$279,146

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2019

Original loan amount

$302,994

Est. remaining balance

$272,762

Interest rate

4.63%

Loan type

New Conventional, 30 year

Seller

Sharon Marion Smith Gardner and Raymond Harrison Gardner

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: 10/05/2024 at 5:20 AM

Listing updated: 09/28/2024 at 9:33 AM

Listed by: Kelley Sarantis, Bob Hodges and Sons Realty

MLS: Daytona #1201590

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