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$2,500,000

Beds
4
Baths
3.0
sq ft
1,731

6949 S Atlantic Ave, New Smyrna Beach, FL 32169

6949 S Atlantic Ave

New Smyrna Beach, FL 32169

  • 191 days on market
Welcome to your dream coastal retreat in New Smyrna Beach, the only location in Florida where gazebos are allowed on the beach. This exquisite home features a grandfathered beachside gazebo, solar panels, a large deck, and a state-of-the-art Michael Phelps pool. With direct views of the Atlantic from the main living areas and master bedroom, this home offers an unparalleled beachside living experience. Turn Key! Ready to go, no waiting time! Built to withstand Category 4 hurricanes and compliant with Miami Dade hurricane codes, this home ensures your safety and peace of mind. The 16-foot wall of glass with two 4-foot wide sliders provides breathtaking views of the ocean, deck, Swim Spa, gazebo, and stairs leading to your private beach.

Details

Property type

Single Family Residence

Est. home value

$1,678,747

Lot size

Unknown

Price per sq ft

$1,445

Year built

1973

Annual property taxes

$22,038

Price History

06/14/2024
Beaches

Beaches #R10996337

Listed
$2,500,000
-7.41%
06/05/2024
StellarMLS

StellarMLS #NS1080032

Removed
$2,700,000
04/20/2024
StellarMLS

StellarMLS #NS1080032

Price change
$2,700,000
-6.9%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,218,161
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$1,081,839
Cash to seller
$1,218,161

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

June 2023

Original loan amount

$1,100,000

Est. remaining balance

$1,081,839

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

James Michael Magill Jr

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?

Similar Homes Nearby

Daytona
$2,200,000
3 bd
|
3 ba
|
1,792 sq ft
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6368 S Atlantic Ave, New Smyrna Beach, FL 32169

StellarMLS
$2,699,000
7 bd
|
5 ba
|
3,580 sq ft
|
House

6883 S Atlantic Ave, New Smyrna Beach, FL 32169

Status: Active

Tomo last checked: 12/22/2024 at 3:20 PM

Listing updated: 12/10/2024 at 12:50 PM

Listed by: Alejandra Silva, Metropolitan R.E Solutions Inc Phone #: (407) 953-6501

MLS: Beaches #R10996337

Beaches logo