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$237,000

Beds
2
Baths
1.0
sq ft
880

611 Seaman Pl, Daytona Beach, FL 32114

611 Seaman Pl

Daytona Beach, FL 32114

  • 71 days on market
    • Price drop $13,000↓
The perfect gem! This charming and updated 100-year-old Cape Cod bungalow is a fantastic investment opportunity or starter home! Zoned T2, it allows for legal short-term (nightly) rentals, making it a versatile option for both income generation and personal use. With 2 bedrooms and 1 bath, this cozy home is just blocks from the Halifax River and a short distance to the World's Most Famous Beach. Whether you're looking for a perfect starter home, a short-term rental, or a long-term investment, this property offers endless potential.

Details

Property type

Single Family Residence

Est. home value

$230,918

Lot size

5,000.69 sq ft

Price per sq ft

$270

Year built

1910

Annual property taxes

$2,304

Price History

09/17/2024
Daytona

Daytona #1203255

Price change
$237,000
-5.2%
08/29/2024
Daytona

Daytona #1203255

Listed
$250,000
+2.04%
04/03/2023
Daytona

Daytona #1105593

Sold
$245,000
+32.43%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Campbell

High school: 

Mainland

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

$29,622
Asking price
$237,000
Closing costs (~8% of asking)
-$18,960
Est. remaining loan balance
-$188,418
Cash to seller
$29,622

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

Seller’s Loan History

Lender

Cornerstone First Mortgage Inc

Loan start date

April 2023

Original loan amount

$192,000

Est. remaining balance

$188,418

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Justin Loutfy and Robert Coley Arbegast

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: 11/08/2024 at 8:25 AM

Listing updated: 10/20/2024 at 1:43 PM

Listed by: Stacey Mathews Johnson, Keller Williams Realty Florida Partners

MLS: Daytona #1203255

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