tomo logo

$615,000

Beds
4
Baths
2.0
sq ft
2,057

8540 Horseshoe Ave, Palm Bay, FL 32909

8540 Horseshoe Ave

Palm Bay, FL 32909

  • 4 days on market
    • Open house Jan 25
The Premier Deer Run Equestrian Community is where you'll find this Waterfront 4 Bed, 2 Bath Former Model Home Nestled On 2.53 Acres. This Piece of Paradise is very private and peaceful and features a beautiful landscape with water views, mature oak, maple and pine trees and as there are no neighbors to the West. It has beautiful unobstructed views of sunsets., especially from the dock on the lake. This home had a New Roof In 2020, new water heater & epoxy garage floor in 2023 and newly rebuilt dock. Tile Flooring throughout, Alarm System, & Water Treatment System. Doorless Flexible 4th Bedroom Can Be Used as an Office, Den or family room. Unique To This Property Is A Large Shared Private Lake Easily For Fishing, & Canoeing. If Taking In Majestic Sunsets, Watching Wildlife And Relaxing Is Your Thing this home is it! Spectrum Fiber Internet Available. Located a few miles from the new Publix Shopping Center and Exit 166. HOA a low $230 yr,includes Clubhouse, Tennis and Horse Arena.

Details

Property type

Single Family Residence

Est. home value

$536,201

Lot size

2.53 acres

Price per sq ft

$299

Year built

2004

Monthly HOA fee

$19.17

Price History

01/18/2025
BrevardMLS

BrevardMLS #1034684

Listed
$615,000
+53.75%
04/30/2021
BrevardMLS

BrevardMLS #895331

Sold
$400,000

Schools & Community

Elementary school: 

Sunrise

Middle school: 

Southwest

High school: 

Bayside

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

$271,112
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$294,688
Cash to seller
$271,112

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2021

Original loan amount

$320,000

Est. remaining balance

$294,688

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Fernando Torres and Nayda I Torres

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: 01/22/2025 at 6:50 PM

Listing updated: 01/19/2025 at 4:00 PM

Listed by: Michelle Carey, Dale Sorensen Real Estate Inc. Phone #: (321) 723-9990

MLS: BrevardMLS #1034684

BrevardMLS logo

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