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$665,000

Beds
3
Baths
2.0
sq ft
1,604

525 3rd St N Unit 408, Jacksonville Beach, FL 32250

525 3rd St N Unit 408

Jacksonville Beach, FL 32250

  • 96 days on market
    • Price drop $10,000↓
    • Open house Dec 22
BACK ON THE MARKET! The previous buyers' financing fell through, offering you a second chance to own this spacious 3-bedroom, 2-bath condo at a newly reduced price slightly less than its appraised value. This is an incredible opportunity to secure a rare gem at Pier Point, featuring one of the few double balconies with panoramic ocean views and front-row seats to Jacksonville Beach Pier events, including spectacular fireworks displays. Located on the 4th floor, Unit 408 is move-in ready and offers an open-concept living area with large sliding glass doors that connect both the living room and primary suite to the double balcony. The condo features ceramic tile and hardwood floors, a kitchen with granite countertops and stainless steel appliances, and several recent updates, including a new oven, microwave, and water heater in 2020, balcony fans in 2024, and an AC unit replaced in 2015. The primary suite bath has been updated with new lighting and mirrors, while interior ceiling fans were added in 2020. A water softener hookup is also available in the hall closet. Pier Point recently completed a brand-new pool deck, and the cabana has been freshly painted, enhancing the property's appeal. This condo is not only a rare find for its location and ocean views but also an excellent value, selling at or near its appraised price. Schedule your showing today to experience this exceptional property for yourself!

Details

Property type

Condominium

Est. home value

$669,796

Lot size

435.6 sq ft

Price per sq ft

$415

Year built

2007

Annual property taxes

$5,630.17

Monthly HOA fee

$756

Price History

12/20/2024
RealMLS

RealMLS #2047862

Price change
$665,000
-1.48%
12/16/2024
RealMLS

RealMLS #2047862

Listed
$675,000
10/29/2024
RealMLS

RealMLS #2047862

Pending
$675,000

Schools & Community

Elementary school: 

San Pablo

Middle school: 

Duncan Fletcher

High school: 

Duncan Fletcher

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

$260,498
Asking price
$665,000
Closing costs (~8% of asking)
-$53,200
Est. remaining loan balance
-$351,302
Cash to seller
$260,498

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

Seller’s Loan History

Lender

Watson Mortgage Corp

Loan start date

June 2020

Original loan amount

$388,000

Est. remaining balance

$351,302

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

Margaret A Fishback and Nathan Birchfield Jeffers

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: 12/22/2024 at 11:10 AM

Listing updated: 12/22/2024 at 9:06 AM

Listed by: MARGARET FISHBACK, BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY Phone #: (904) 285-1800

MLS: RealMLS #2047862

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