tomo logo

$869,000

Beds
3
Baths
3.0
sq ft
3,006

8 Cimmaron Dr, Palm Coast, FL 32137

8 Cimmaron Dr

PALM COAST, FL 32137

  • 67 days on market
    • Price drop $30,000↓
Welcome to 8 Cimmaron Dr., a stunning new construction home - previously used as a model home - located on a deep-water canal with no fixed bridges, just minutes from the intracoastal waterway. This waterfront gem offers unobstructed water views down the canal, visible from the expansive family room, dining room, and kitchen combo thanks to the open floor plan. Inside you’ll find 10’ coffered ceilings, recessed lighting throughout, and elegant crown molding, creating an atmosphere of luxury and sophistication. The main level features 2 bedrooms, 2 bathrooms, and a den, while upstairs features a private retreat with 1 bedroom, an additional bathroom, and a loft with your own private balcony, perfect for guests or as a secluded living area. The lot next door is available for sale, allowing one to extend the lot size to 14,984 sq ft. and 120 ft of water frontage. Furniture is negotiable and available for sale, offering a turnkey opportunity. SELLER IS OFFERING $10,000 TOWARDS YOUR CLOSING COSTS WITH A FULL PRICE OFFER !!! Don’t miss the chance to own this luxurious waterfront home!

Details

Property type

Single Family Residence

Est. home value

$868,467

Property condition

New Construction

Lot size

7,492 sq ft

Price per sq ft

$290

Year built

2020

Annual property taxes

$11,120.32

HOA

No

Price History

12/05/2024
StellarMLS

StellarMLS #FC304479

Price change
$869,000
-3.34%
10/17/2024
StellarMLS

StellarMLS #FC304479

Listed
$899,000
10/02/2024
RealMLS

RealMLS #2004940

Removed
$899,000

Schools & Community

Elementary school: 

Old Kings Elementary

Middle school: 

Indian Trails Middle-FC

High school: 

Matanzas High

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

$616,139
Asking price
$869,000
Closing costs (~8% of asking)
-$69,520
Est. remaining loan balance
-$183,341
Cash to seller
$616,139

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

Seller’s Loan History

Lender

Marshall Reddick Mortgage Fund Llc

Loan start date

September 2021

Original loan amount

$225,000

Est. remaining balance

$183,341

Interest rate

2.15%

Loan type

New Conventional, 15 year

Seller

Pjw Capital 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?

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Status: Active

Tomo last checked: 12/23/2024 at 1:20 AM

Listing updated: 12/07/2024 at 5:21 PM

Listed by: Rasha Lammam, COASTAL GATEWAY REAL ESTATE GR Phone #: (386) 338-5000

MLS: StellarMLS #FC304479

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Recently listed in PALM COAST