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$409,000

Beds
3
Baths
2.0
sq ft
1,601

5300 S Atlantic Ave Unit 11-503, New Smyrna Beach, FL 32169

5300 S Atlantic Ave Unit 11-503

NEW SMYRNA BEACH, FL 32169

  • 1 day on market
Welcome home to this well-maintained 5th floor condo with unmatched community amenities across from the beautiful Atlantic Ocean. Whether you are searching for your second home to escape the cold, a vacation property for your family in nearby Orlando, or an investment property with income potential, this condo has it all. A turn key, fully-furnished unit, this 3 bedroom / 2 full bath condo offers an oversized master bedroom with high ceilings throughout. The owners installed a *new HVAC system* in August 2023 and a *new washer / dryer* in 2024. This unit faces east which allows you to enjoy evenings on your *screened balcony* without the sun in your face after a long day at the beach! The unit offers a private, locked storage unit on the same floor and covered parking on the ground floor. Building 11 has a healthy reserve for property maintenance and recently completed an exterior painting project, including your balcony. Ocean Walk features two clubhouses, two community pools and hot tubs, a sauna, gym facilities, shuffleboard court, tennis courts, and a basketball court The complex has it all for you and your family and is priced to sell. Make memories today! Listing agent is the seller.

Details

Property type

Condominium

Est. home value

$534,435

Lot size

0.55 acres

Price per sq ft

$256

Year built

2006

Annual property taxes

$7,154.9

HOA

Yes

Price History

11/04/2024
StellarMLS

StellarMLS #O6254966

Listed
$409,000
-4.88%
09/06/2024
StellarMLS

StellarMLS #O6221577

Removed
$430,000
07/08/2024
StellarMLS

StellarMLS #O6221577

Listed
$430,000
+35.22%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)

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

$247,885
Asking price
$409,000
Closing costs (~8% of asking)
-$32,720
Est. remaining loan balance
-$128,395
Cash to seller
$247,885

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

August 2017

Original loan amount

$150,000

Est. remaining balance

$128,395

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Ralph M Carasso

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: 11/05/2024 at 1:45 AM

Listing updated: 11/05/2024 at 1:04 AM

Listed by: Jeffrey Whyte, REALTY HUB Phone #: (407) 900-1001

MLS: StellarMLS #O6254966

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