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$450,000

Beds
2
Baths
2.5
sq ft
1,246

840 Paddleboard Court, Melbourne, FL 32935

840 Paddleboard Court

Melbourne, FL 32935

  • 121 days on market
    • Price drop $25,000↓
Tenant in place for 12 months at $2150.00 a month. Owner financing available: 30 year mortgage with 3.9 % fixed rate and 30% down! This stunning 2023-built townhouse, with its sleek design and thoughtful features, is an ideal investment or the perfect spot to enjoy a relaxed retirement. With 1,246 square feet of living space, this 2-bedroom, 2.5-bathroom townhome is bathed in natural light that accentuates its open-concept layout and luxury vinyl plank flooring. The kitchen is a chef's delight with quartz countertops, soft-close drawers, and stainless steel appliances, including a washer and dryer set for utmost convenience. Safety and durability are paramount with impact glass windows rated for 185MPH, offering peace of mind during Florida's storied weather. Outside, the private, fenced back paver stone patio boasts an electric awning for those sunny days, while Trex decking and privacy fencing between units For those with an eco-friendly vehicle, a car garage equipped with an electric car charging station is a modern-day necessity, complemented by a paver driveway for additional parking. Guests can easily park under the trees by the marina outside the gated community. The allure of the outdoors extends to the community dock with a gazebo on Elbow Creek, leading to the scenic Indian River. The freedom to host short-term rentals or Airbnb makes this property an investor's dream, while pet-friendly policies ensure your furry friends are welcome.

Details

Property type

Townhouse

Lot size

1,742 sq ft

Price per sq ft

$362

Year built

2023

Annual property taxes

$1,031.41

Monthly HOA fee

$150

Price History

07/24/2024
BrevardMLS

BrevardMLS #1013428

Price change
$450,000
-5.26%
05/24/2024
BrevardMLS

BrevardMLS #1013428

Pending
$475,000
05/09/2024
BrevardMLS

BrevardMLS #1013428

Listed
$475,000

Schools & Community

Elementary school: 

Harbor City

Middle school: 

Hoover

High school: 

Melbourne

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Elbow Creek Townhomes Llc

Loan start date

November 2023

Original loan amount

$283,500

Est. remaining balance

Not provided

Interest rate

7.31%

Loan type

Building or Construction Loan

Seller

Timothy Robert Greene

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: 09/07/2024 at 10:55 AM

Listing updated: 08/03/2024 at 12:23 PM

Listed by: Natalie Kae Decker, Keller Williams Realty Brevard Phone #: (321) 259-1170

MLS: BrevardMLS #1013428

BrevardMLS logo

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