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$115,000

Beds
1
Baths
1.0
sq ft
358

701 S Atlantic Ave Unit 315, Daytona Beach, FL 32118

701 S Atlantic Ave Unit 315

DAYTONA BEACH, FL 32118

  • 129 days on market
    • Price drop $4,800↓
Investor opportunity, Direct Ocean front property, totally REMODELED on the 3th floor. New owner can use for themselves or rent on Daily basis. this is a highly sought after location and this studio comes fully furnished and ready to rent. All assessments in 2024 and 2024 for concrete restoration, $25,000 will be paid by sellers, ( building maybe closed in September for concrete restauration ) all utilities are covered by HOA

Details

Property type

Condominium

Est. home value

$137,770

Lot size

1.73 acres

Price per sq ft

$322

Year built

1975

Annual property taxes

$1,447

Monthly HOA fee

$650

Price History

06/19/2024
StellarMLS

StellarMLS #O6200940

Price change
$115,000
-4.01%
06/11/2024
StellarMLS

StellarMLS #O6200940

Listed
$119,800
05/22/2024
StellarMLS

StellarMLS #O6200940

Pending
$119,800

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$42,483
Asking price
$115,000
Closing costs (~8% of asking)
-$9,200
Est. remaining loan balance
-$63,317
Cash to seller
$42,483

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

Seller’s Loan History

Lender

Yellow Mortgage Llc

Loan start date

October 2021

Original loan amount

$67,500

Est. remaining balance

$63,317

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Lj Prime Enterprise Llc

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: 09/07/2024 at 9:15 PM

Listing updated: 06/19/2024 at 6:03 PM

Listed by: Selma White, RADIUS REALTY GROUP LLC Phone #: (407) 541-0779

MLS: StellarMLS #O6200940

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