tomo logo

$745,000

Beds
5
Baths
3.0
sq ft
4,005

717 Palos Verde Dr, Satellite Beach, FL 32937

717 Palos Verde Dr

SATELLITE BEACH, FL 32937

  • 22 days on market
SELLER SAYS SELL! ALSO OFFERING 1% BACK TO BUYER WITH PRE-APPROVAL THROUGH PREFERRED LENDER TO BUY DOWN RATE! This beachside home has over 4000 square feet of living space in the highly coveted Montecito neighborhood. Step inside to discover 5 bedrooms and 3 bathrooms plus a dedicated theater room, gym and enclosed Florida room, offering a large bonus space with incredible views. The kitchen is a chef's delight, equipped with modern appliances, a RO water filtration system, large pantry and coffee bar with built-in ice machine, all complemented by the 150 gallon in-wall aquarium! Enjoy the beautiful weather while grilling in your built-in SUMMER KITCHEN or relaxing in the hot tub overlooking the lake. With this home you don't have to sacrifice space to live near the beach! Montecito offers resort style amenities, including a community pool, gym, library, and playground. Schedule your showing to see this amazing home in the heart of Satellite Beach!

Details

Property type

Single Family Residence

Est. home value

$855,416

Lot size

6,534 sq ft

Price per sq ft

$187

Year built

2007

Annual property taxes

$15,911.69

Monthly HOA fee

$79.67

Price History

01/31/2025
StellarMLS

StellarMLS #O6275543

Listed
$745,000
-13.87%
09/15/2022
BrevardMLS

BrevardMLS #935486

Sold
$865,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Playground, Pool, Sidewalks

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

-$107,526
Asking price
$745,000
Closing costs (~8% of asking)
-$59,600
Est. remaining loan balance
-$792,926
Cash to seller
-$107,526

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

September 2022

Original loan amount

$821,750

Est. remaining balance

$792,926

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Cody Vann Johnson and Lindsey Sue Johnson

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: 02/23/2025 at 3:45 AM

Listing updated: 02/01/2025 at 6:54 AM

Listed by: Elisia Chan, RE/MAX SOLUTIONS Phone #: (321) 766-5674

MLS: StellarMLS #O6275543

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