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$175,000

Beds
1
Baths
1.0
sq ft
402

701 S Atlantic Ave Unit 409, Daytona Beach, FL 32118

701 S Atlantic Ave Unit 409

Daytona Beach, FL 32118

  • 141 days on market
SELLER HAS PAID 1ST PAYMENT OF ASSESSMENT! Experience true OCEANFRONT luxury on the 4th floor of this stunning 1-bed, 1-bath unit in a resort community with fitness center, hot tub and Stunning Oceanfront HEATED POOL where 1-DAY RENTALS ARE PERMITTED (THIS UNIT STAYS RENTED). This Resort offers you the flexibility to own a piece of paradise or generate RENTAL INCOME. Indulge in maintenance-free living with unobstructed OCEAN VIEWS and a fully RENOVATED and FULLY FURNISHED condo that invites you to bask in the natural light and ocean breezes. NEW QUEEN SLEEPER SOFA, NEW PAINT, NEW DEHUMIDIFIER. Relax on the balcony, by the pool, or on the beach, all while soaking in the awe-inspiring location. This unit features hurricane-rated sliding doors and stainless steel appliances, ensuring both style and durability. Immerse yourself in the quintessential Florida lifestyle with captivating sunrises and sunsets, lazy summer days spent fishing, boating, or simply enjoying the beach. With a fully equipped kitchen and a separate bedroom, comfort and convenience are at the forefront. Call for private Tour! All information intended ot be accurate, but cannot be guaranteed.

Details

Property type

Condominium

Est. home value

$208,698

Lot size

1.73 acres

Price per sq ft

$436

Year built

1975

Annual property taxes

$2,137

Monthly HOA fee

$650

Price History

05/16/2024
Daytona

Daytona #1123767

Listed
$175,000
-16.27%
07/06/2023
Daytona

Daytona #1102968

Sold
$209,000
+143.02%
09/30/2015
Daytona

Daytona #1005076

Sold
$86,000
+26.47%

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

$16,804
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$144,196
Cash to seller
$16,804

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

June 2023

Original loan amount

$146,300

Est. remaining balance

$144,196

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Ronald G Smith and Elizabeth Larson

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: 10/05/2024 at 3:25 AM

Listing updated: 09/21/2024 at 11:47 PM

Listed by: Sarah Amarasinghe, Robert Slack LLC

MLS: Daytona #1123767

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