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$530,000

Beds
2
Baths
2.5
sq ft
1,350

5650 A1a S Unit C218, Saint Augustine, FL 32080

5650 A1a S Unit C218

St Augustine, FL 32080

  • 228 days on market
    • Price drop $20,000↓
Streamlined Condo Listing for 5650 A1A South, Unit C218, Saint Augustine, FL Prime Investment Condo with Ocean Views!! Explore this exceptional investment opportunity with this turn-key, fully furnished 2-bedroom, 2.5-bathroom condo in Saint Augustine, FL. Covering 1,350 square feet, this unit boasts three balconies offering serene ocean views, perfect for relaxation and entertainment. The condo has undergone significant updates, including a new stove, dryer, ceiling fans, light fixtures, and garbage disposal. Enhanced safety features include new GFCI outlets in each bathroom, while the kitchen sports the latest appliances, including a recently installed refrigerator. Enjoy continual comfort with an HVAC system under a service agreement installed in 2019. The Island House community provides exclusive amenities such as a pool, clubhouse with games, and direct beach access, making it an ideal blend of leisure and convenience. Situated near historic downtown, the Amphitheater, and St. Augustine Beach, the location is prime for exploring local attractions. The HOA covers utilities like cable, sewer, trash, and water, ensuring a hassle-free living environment. This property is a lucrative rental prospect, thanks to a minimal one-week rental policy and an on-site EV charging station. This condo at 5650 A1A South, Unit C218, built with a durable concrete block, offers both luxurious living and substantial income potential. For more details, including a features sheet, seller's disclosure, and floor plan, please contact us. Dive into the vibrant lifestyle and investment benefits today!

Details

Property type

Condominium

Est. home value

$459,484

Lot size

Unknown

Price per sq ft

$393

Year built

1975

Annual property taxes

$4,461.66

Monthly HOA fee

$685

Price History

12/07/2024
RealMLS

RealMLS #2024791

Price change
$530,000
-3.64%
05/09/2024
RealMLS

RealMLS #2024791

Listed
$550,000
+27.91%
02/06/2023
RealMLS

RealMLS #1173796

Sold
$430,000

Schools & Community

Elementary school: 

W. D. Hartley

Middle school: 

Gamble Rogers

High school: 

Pedro Menendez

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

$235,270
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$252,330
Cash to seller
$235,270

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

February 2023

Original loan amount

$258,000

Est. remaining balance

$252,330

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Kathleen A Groat and Robert H Groat

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 12:30 AM

Listing updated: 12/07/2024 at 1:16 PM

Listed by: ELIZABETH F KELLY, ENDLESS SUMMER REALTY Phone #: (904) 461-8878

MLS: RealMLS #2024791

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