tomo logo

$599,000

Beds
3
Baths
2.0
sq ft
1,600

5300 S Atlantic Ave Unit 18-503, New Smyrna Beach, FL 32169

5300 S Atlantic Ave Unit 18-503

NEW SMYRNA BEACH, FL 32169

  • 55 days on market
Welcome to coastal luxury in New Smyrna Beach. This stunning 5THfloor condo at 5300 South Atlantic Ave offers panoramic ocean views from the kitchen/dining room, living room, primary bedroom and private balcony. Encompassing 1600 sq ft, this 3-bedroom 2-bath home features tall ceilings and large sliding glass doors, inviting natural light and spectacular ocean views. The rear view overlooks an expansive nature preserve offering colorful sunset views. Meticulously maintained, this one owner unit has never been rented short term, ensuring pristine condition. This condo has only been occupied seasonally. The private balcony is accessible from the primary bedroom and living room. The remote-controlled retractable screen keeps insects out and is perfect for ocean breezes while watching the waves, surfers, wildlife, and even rocket launches. Neutral porcelain tile and new (2022) luxury vinyl plank flooring create a serene space with the calming coastal color palette. The kitchen features cherry cabinets, stainless steel appliances, double oven stove, granite countertops and breakfast bar. The dining area with custom light fixture can host dinner gatherings. The primary suite with its own balcony entrance offers a luxurious retreat with sunrise views over the ocean. The spacious ensuite bath has dual sinks, jetted tub for 2, and walk-in shower. Large walk-in closet with additional shelving. Two additional bedrooms provide ample space and storage, making this home ideal for hosting friends and family. The second bath is ensuite to one bedroom but also accessible from the main hallway for guest use. Practical conveniences include a dedicated laundry room with a new LG Wash Tower washer/dryer, mop sink, and a linen closet. The Private outdoor storage closet is ideal for beach gear. Recent upgrades include a new hot water heater (2024). A whole house surge protector (2021). Bryant AC with a coastal protection upgrade (2020). Building 18 is managed by a fully funded COA, was recently weatherproofed and painted (2023), and had its SIRS. Resort amenities include: Direct access to the no-drive beach. Gated entrance. Garage parking. 2 clubhouses. 2 fitness centers. 2 heated pools. Basketball, bocce, tennis, and shuffleboard courts. Raised boardwalk nature trail. Plus more in this exclusive pet friendly community. Close to Canaveral National Seashore, Daytona, Orlando, Mt. Dora and historic St. Augustine. All information is intended to be accurate, however not guaranteed.

Details

Property type

Condominium

Est. home value

$494,083

Lot size

0.69 acres

Price per sq ft

$375

Year built

2015

Annual property taxes

$6,788.45

Monthly HOA fee

$746

Price History

10/28/2024
StellarMLS

StellarMLS #NS1082871

Listed
$599,000
+103.05%
08/17/2015
StellarMLS

StellarMLS #NS1024554

Sold
$295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, 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

$381,757
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$169,323
Cash to seller
$381,757

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

Seller’s Loan History

Lender

American Neighborhood Mtg Acceptance Co

Loan start date

July 2016

Original loan amount

$206,500

Est. remaining balance

$169,323

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

William T Mcdonough and Orene A Mcdonough

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: 12/22/2024 at 10:30 AM

Listing updated: 12/17/2024 at 12:54 PM

Listed by: Carl Vasile, EXIT REAL ESTATE PROPERTY SOL Phone #: (386) 763-3008

MLS: StellarMLS #NS1082871

StellarMLS logo