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$484,364Estimated home value

Beds
3
Baths
2.0
sq ft
1,600

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

5300 S Atlantic Ave Unit 2-505

NEW SMYRNA BEACH, FL 32169

  • Sold On 12/17/2014
    • Price drop $400↓
3/2 with OCEAN VIEW near amenities. High Ceilings, custom paint and nice furnishings make this a ready to go condo. Gated community, 2 Clubhouses, Secured underground parking, 2 Heated Pools, Shuffleboard, Tennis, Exercise Room, Spa, Basketball, Canoe/Kayak Launch, Jacuzzi, Nature Walk and Close to the Beach. ;LocationDescription: Condo ;Water: City

Details

Property type

Condominium

Est. home value

$484,364

Lot size

Unknown

Price per sq ft

$153

Year built

2004

Monthly HOA fee

$425

Price History

04/01/2025
StellarMLS

StellarMLS #NS1081943

Removed
$539,900
03/11/2025
StellarMLS

StellarMLS #NS1081943

Price change
$539,900
-0.92%
01/02/2025
StellarMLS

StellarMLS #NS1081943

Price change
$544,900
-0.91%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$92,813
Asking price
$244,500
Closing costs (~8% of asking)
-$19,560
Est. remaining loan balance
-$132,127
Cash to seller
$92,813

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

$132,127

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: Off Market

Tomo last checked: 04/02/2025 at 4:10 PM

Listing updated: 12/15/2023 at 6:12 PM

Listed by: Diana Williams, BETTER HOMES & GARDENS RE SYNERGY Phone #: (386) 338-3939

MLS: StellarMLS #NS1022246

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