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$425,000

Beds
2
Baths
2.0
sq ft
1,452

5300 S Atlantic Ave Unit 6-505, New Smyrna Beach, FL 32169

5300 S Atlantic Ave Unit 6-505

NEW SMYRNA BEACH, FL 32169

  • 387 days on market
    • Price drop $10,000↓
Experience the epitome of coastal living with this stunning 2-bedroom, 2-bath condo, showcasing a pride of ownership that immediately catches the eye. Every detail in this home is thoughtfully organized for comfort and style, starting with the beautiful flooring that seamlessly connects all living spaces. This property comes with spacious walk-in closets and a laundry room for comfort and convenience. The building location provides stunning views of sunsets and the beautiful natural estuary off of the balcony adding a special touch of serenity to the end of your day. This turnkey unit includes two extra storage spaces outside of the unit. NEW APPLIANCES (refrigerator, oven. microwave, & dishwasher, washer/dryer, and garbage disposal). The A.C. & Hot WATER HEATER were replaced in 2019. This condo is in the resort community of Ocean Walk across from the “no drive beach ” in New Smyrna. It is the perfect place for either a permanent resident or vacation/second homeowner as this unit has proven its value as a great rental property for visitors. The amenities are impressive offering, tennis courts, two community pools, shuffleboard, a fitness center, saunas, and much more. This property want last! ;LocationDescription: Condo ;Water: City

Details

Property type

Condominium

Est. home value

$431,019

Lot size

Unknown

Price per sq ft

$293

Year built

2002

Monthly HOA fee

$690

Price History

07/02/2024
StellarMLS

StellarMLS #NS1077988

Listed
$425,000
07/01/2024
StellarMLS

StellarMLS #NS1077988

Removed
$425,000
04/06/2024
StellarMLS

StellarMLS #NS1077988

Price change
$425,000
-2.3%

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

$234,223
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$156,777
Cash to seller
$234,223

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

April 2019

Original loan amount

$175,000

Est. remaining balance

$156,777

Interest rate

4.35%

Loan type

New Conventional, 30 year

Seller

Thomas G Callihan and Deborah Ann Callihan

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: 12/25/2024 at 11:20 PM

Listing updated: 07/28/2024 at 2:07 PM

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

MLS: StellarMLS #NS1077988

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