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$549,900

Beds
3
Baths
2.0
sq ft
1,601

5300 S Atlantic Ave Unit 2-505, New Smyrna Beach, FL 32169

5300 S Atlantic Ave Unit 2-505

NEW SMYRNA BEACH, FL 32169

  • 129 days on market
Beautiful 3 bedroom/ 2 bath, ocean-view home located in the magnificent Ocean Walk Condominium Complex. Enjoy breathtaking views of crashing waves from this spacious 5th floor unit. As you enter, you will notice the updated flooring with plank tile which extends onto the balcony for easy maintenance and flow. The updated crown molding tastefully accentuates the extra high ceilings of this 5th floor unit. You will love entertaining with your newly updated kitchen boasting 42-inch shaker-style cabinets featuring beach glass knobs/drawer pulls and granite countertops. This kitchen is lacking only a chef as it is fully equipped with more gadgets than you can imagine! As you enter the large primary bathroom, you will feel like you have entered your own spa. The oversized shower with updated tile and dual vanities, with unique sea glass touches, creates the perfect coastal feel. Wake up each morning to your view of the ocean and step out onto your balcony from your primary bedroom. The balcony is the perfect place to start and end your day taking in the beauty of the Atlantic ocean. This unit has plenty of storage with a number of closets, the large primary walk-in closet and exterior storage closet located just down the walkway on the same floor. This unit is being sold furnished and is equipped with a Yale Keyless lock system and a Honeywell WIFI thermostat. Both the water heater and AC were new in 2023. Building 2 is nearing completion of the recent repainting/ rust mitigation along with the elevator controls modernization. The roof was replaced in 2018. Ocean Walk is packed with amazing amenities such as a private beach walkover, nature trails, gated entrance, covered garage, 2 heated pools with spa, sauna, fitness rooms, clubhouses, tennis courts and so much more! Enjoy the Canaveral National Seashore conveniently located just minutes away or take a stroll along canal street to feel the artistic vibe of this vibrant town. Flagler Avenue offers amazing local restaurants and many outdoor festivals. Is it time to make your dream of living at the beach a reality? Call today to see this amazing property in this breathtaking location.

Details

Property type

Condominium

Est. home value

$484,364

Lot size

0.58 acres

Price per sq ft

$344

Year built

2004

Annual property taxes

$6,092.05

Monthly HOA fee

$750

Price History

07/02/2024
StellarMLS

StellarMLS #NS1081943

Listed
$549,900
+129.13%
12/17/2014
StellarMLS

StellarMLS #NS1022246

Sold
$240,000
+9.59%
10/12/2011
StellarMLS

StellarMLS #S4685333

Sold
$219,000

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

$371,996
Asking price
$549,900
Closing costs (~8% of asking)
-$43,992
Est. remaining loan balance
-$133,912
Cash to seller
$371,996

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

December 2016

Original loan amount

$163,007

Est. remaining balance

$133,912

Interest rate

3.54%

Loan type

New Conventional, 29 year

Seller

Danel Schipman and Lori Schipman

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: 11/08/2024 at 3:45 PM

Listing updated: 10/03/2024 at 6:20 PM

Listed by: Debra Head, THE KEYES COMPANY Phone #: (386) 428-5723

MLS: StellarMLS #NS1081943

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