tomo logo

$189,000

Beds
2
Baths
2.0
sq ft
1,184

725 Port Malabar Blvd NE Unit 301, Palm Bay, FL 32905

725 Port Malabar Blvd NE Unit 301

Palm Bay, FL 32905

  • 59 days on market
    • Price drop $6,000↓
Welcome to this updated 1,184 sq. ft. condominium unit, featuring 2 bedrooms and 2 full bathrooms. Enjoy newly installed tile and carpet throughout. The secondary bedroom includes new tile flooring and his and her closets. The secondary bathroom offers new tile flooring and includes a tub and shower with a tiled wall. The primary bedroom is outfitted with new carpet, a large walk-in closet, and a vanity with a large mirror and sink. It also features a spacious en-suite tiled bathroom with a walk-in shower. The kitchen boasts newer appliances. The unit also comes with a new water heater (2023) and an AC unit under a home warranty until April 2025. All windows, including those on the enclosed back porch, are protected by roll-down storm shutters. The low HOA covers water, sewer, garbage, cable, and internet. Additionally, Fairway Condominiums has successfully passed the mandated Florida inspection, ensuring peace of mind for the next decade. Schedule your visit today!

Details

Property type

Condominium

Est. home value

$176,059

Lot size

4,356 sq ft

Price per sq ft

$160

Year built

1973

Monthly HOA fee

$415

Price History

11/12/2024
BrevardMLS

BrevardMLS #1025909

Price change
$189,000
-3.08%
10/04/2024
BrevardMLS

BrevardMLS #1025909

Listed
$195,000
+85.71%
04/14/2021
BrevardMLS

BrevardMLS #892527

Sold
$105,000

Schools & Community

Elementary school: 

Riviera

Middle school: 

Stone

High school: 

Palm Bay

Senior community center: 

Yes

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

$96,445
Asking price
$189,000
Closing costs (~8% of asking)
-$15,120
Est. remaining loan balance
-$77,435
Cash to seller
$96,445

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

April 2021

Original loan amount

$84,000

Est. remaining balance

$77,435

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Judy H Leighton

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: 11/23/2024 at 2:35 AM

Listing updated: 11/18/2024 at 2:55 PM

Listed by: Paul B. Kempf, Burke Group Real Estate Phone #: (321) 462-8067

MLS: BrevardMLS #1025909

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