tomo logo

$240,000

Beds
2
Baths
2.0
sq ft
1,137

5801 N Atlantic Ave Unit 506, Cape Canaveral, FL 32920

5801 N Atlantic Ave Unit 506

Cape Canaveral, FL 32920

  • 30 days on market
Discover Coastal Living w/ this charming 2/2 Condo in the heart of Cape Canaveral. Boasting an Open Floor Plan, the condo features Laminate Flooring throughout, w/ Tile in the Bathrooms, creating a seamless & modern look. The Updated Kitchen is complete w/ Granite Countertops, SS Appliances & ample Cabinet Space. The Large Primary includes a Walk-in Closet & Walk-in Shower. Step outside to enjoy the Spacious Screened-in Porch overlooking a lush Courtyard, a perfect spot to soak in the tranquil surroundings. Includes a Washer & Dryer inside the unit for added convenience. Take advantage of the Community's sparkling Pool & Tennis Courts. Pet Friendly Policy allows for Furry Friends up to 20 lbs. With an Active Tenant already in place, this condo is a fantastic Investment Opportunity. Located just 5 min from the Sandy Shores of Cocoa Beach & within walking distance to Publix & Local Amenities. Don't miss the chance to own a Piece of Paradise in Cape Canaveral!

Details

Property type

Condominium

Est. home value

$265,548

Lot size

3,920 sq ft

Price per sq ft

$212

Year built

1974

Annual property taxes

$2,409.3

Monthly HOA fee

$467

Price History

11/22/2024
BrevardMLS

BrevardMLS #1030325

Listed
$240,000
-2.04%
10/25/2024
StellarMLS

StellarMLS #O6150941

Removed
$245,000
08/19/2024
StellarMLS

StellarMLS #O6150941

Price change
$245,000
-2%

Schools & Community

Elementary school: 

Cape View

Middle school: 

Cocoa Beach

High school: 

Cocoa Beach

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

$80,979
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$139,821
Cash to seller
$80,979

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

Seller’s Loan History

Lender

Homeward Residential Inc

Loan start date

May 2018

Original loan amount

$187,290

Est. remaining balance

$139,821

Interest rate

4.4%

Loan type

New Conventional, 19 year

Seller

Kevin T Brown

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?

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Status: Active

Tomo last checked: 12/22/2024 at 10:25 AM

Listing updated: 11/22/2024 at 10:35 PM

Listed by: Brianna Lalumiere, EXP Realty, LLC Phone #: (888) 883-8509

MLS: BrevardMLS #1030325

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