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$889,000

Beds
3
Baths
2.0
sq ft
2,153

602 Malabar Ave, Fort Pierce, FL 34949

602 Malabar Ave

Hutchinson Island, FL 34949

  • 3 days on market
    • Open house Feb 22
A perfect house at the beach - old Florida charm meets casual elegance! Beautifully renovated CBC coastal cottage in Thumb Point, a prestigious South Hutchinson Island neighborhood. Fabulous for entertaining, 3/2 pool home is an easy walk to Atlantic beaches, world-class fishing, parks, cafes, bars, groceries, museums. 2022 updates: metal roof, painting, wood-look tile floors, impact windows, plantation shutters, kitchen and bathroom cabinets, appliances and quartz countertops. Includes large master with en-suite, spacious guest bedrooms, large living room, dining room, family room and sunporch overlooking newly resurfaced pool (2023) and fenced yard (2023). Chickee hut (2022) provides a shaded oasis. Enlarged driveway for RV/Boat. Corner lot ideal for future development. Home is AS-IS.

Details

Property type

Single Family Residence

Est. home value

$720,744

Lot size

Unknown

Price per sq ft

$413

Year built

1970

Annual property taxes

$9,306

Price History

02/17/2025
Beaches

Beaches #F10487527

Listed
$889,000
-14.52%
05/03/2024
Beaches

Beaches #R10949388

Removed
$1,040,000
03/12/2024
Beaches

Beaches #R10949388

Price change
$1,040,000
-5.37%

Schools & Community

Elementary school: 

St. Lucie

Middle school: 

Dan Mccarty

High school: 

Fort Pierce Westwood Academy

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

$332,535
Asking price
$889,000
Closing costs (~8% of asking)
-$71,120
Est. remaining loan balance
-$485,345
Cash to seller
$332,535

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

Seller’s Loan History

Lender

Fairwinds Cu

Loan start date

December 2021

Original loan amount

$520,000

Est. remaining balance

$485,345

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Haydn Trechsel and Elizabeth Bettendorf

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: 02/20/2025 at 3:05 PM

Listing updated: 02/19/2025 at 12:20 PM

Listed by: Ralph M Harvey, LISTWITHFREEDOM.COM Phone #: (855) 456-4945

MLS: Beaches #F10487527

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