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$175,526Estimated home value

Beds
2
Baths
2.0
sq ft
1,184

725 Port Malabar Blvd NE Unit 308, Palm Bay, FL 32905

725 Port Malabar Blvd NE Unit 308

Palm Bay, FL 32905

  • Sold On 8/7/2024
    • Price drop $5,000↓
Welcome to your peaceful retreat in this charming 55+ community. You'll love the bright and open 2 bedroom floorplan with newer laminate wood flooring. Sliders will lead you to the sun room. Split bedrooms. 2 full baths. Master bedroom has it's own dressing area separate from the water closet. His and her closets. Enjoy the tranquil community pool on hot summer days. Low monthly HOA includes free use of laundry facilities, your own parking space, water, and much more! A/C replaced 2020 & water heater 2018. Condo roof replaced 2021. Complex does have an elevator!

Details

Property type

Condominium

Est. home value

$175,526

Lot size

4,356 sq ft

Price per sq ft

$136

Year built

1973

Annual property taxes

$2,574.73

Monthly HOA fee

$415

Price History

08/04/2024
BrevardMLS

BrevardMLS #1009300

Sold
$150,000
-6.19%
07/16/2024
BrevardMLS

BrevardMLS #1009300

Pending
$159,900
06/11/2024
BrevardMLS

BrevardMLS #1009300

Price change
$159,900
-8.63%

Schools & Community

Elementary school: 

Riviera

Middle school: 

Stone

High school: 

Palm Bay

Community features: 

Pool

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

$47,891
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$99,217
Cash to seller
$47,891

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

Seller’s Loan History

Lender

Primelending

Loan start date

June 2021

Original loan amount

$106,875

Est. remaining balance

$99,217

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Hamilton Lu and Chiang Shu Hwei Lu

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: Off Market

Tomo last checked: 10/04/2024 at 10:45 PM

Listing updated: 08/07/2024 at 6:05 PM

Listed by: Lindsey Schuetz PA, Hoven Real Estate Phone #: (888) 944-6836

MLS: BrevardMLS #1009300

BrevardMLS logo

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