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$375,000

Beds
2
Baths
2.0
sq ft
1,260

5300 S Atlantic Ave Unit 1-604, New Smyrna Beach, FL 32169

5300 S Atlantic Ave Unit 1-604

NEW SMYRNA BEACH, FL 32169

  • 385 days on market
    • Price drop $14,000↓
Opportunity alert! This 2 bedroom 2 Bath, TOP FLOOR condo property is your chance to immerse yourself in a beachfront lifestyle with all the comforts of a resort community at your doorstep. If you are looking for a property to rent out , this one has tremendous rental potential. It shines with livability, offering an open floor plan, walk-in closets, a beautiful master bedroom & spa-like master bath. For your convenience there is also an in-unit laundry room, ensuring a clutter-free, and convenient lifestyle. Storage is never an issue either with two generously sized spaces, including an oversized option right outside the unit, and another in the garage – ideal for stowing away beach equipment and accessories. This condo unit even comes with a NEW A.C. and a multi year transferable appliances warranty. Building one just added a NEW ROOF and has completed all major updates providing a peace of mind to the new lucky property owner! Venture across the street for direct access to the serene No Drive Beach, complete! with a convenient shower station. With the Canaveral National Seashore, shopping, and restaurants within easy reach, you will be able to enjoy both the peaceful beach life and the excitement of all New Smyrna Beach has to offer.

Details

Property type

Condominium

Est. home value

$418,859

Lot size

Unknown

Price per sq ft

$298

Year built

2000

Monthly HOA fee

$920

Price History

09/27/2024
StellarMLS

StellarMLS #NS1077987

Price change
$375,000
-3.6%
07/01/2024
StellarMLS

StellarMLS #NS1077987

Listed
$389,000
07/01/2024
StellarMLS

StellarMLS #NS1077987

Removed
$389,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Pool, 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

$116,046
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$228,954
Cash to seller
$116,046

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

Seller’s Loan History

Lender

Griffin Funding Inc

Loan start date

March 2022

Original loan amount

$242,000

Est. remaining balance

$228,954

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Danielle Heath and Leon Jones

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: 12/23/2024 at 1:30 AM

Listing updated: 12/22/2024 at 2:06 PM

Listed by: Rusty Burrell, COLDWELL BANKER ENVISION RE Phone #: (386) 427-3602

MLS: StellarMLS #NS1077987

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