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$189,900

Beds
1
Baths
2.0
sq ft
634

935 S Atlantic Ave Unit 312, Daytona Beach, FL 32118

935 S Atlantic Ave Unit 312

Daytona Beach, FL 32118

  • 58 days on market
    • Price drop $10,000↓
his spacious Ocean Jewels condotel unit offers more than 600 square feet of vacation living on Daytona's most pristine beach! You can homestead your unit and live there full time, OR you can rent it daily (or longer) through Airbnb and make it a great rental investment when you're not using it! No rental minimum time period leaves you lots of options as the owner. This unit has a dedicated primary bedroom with an en suite primary bath, a separate, full guest bath, a spacious living area, an updated kitchen with stainless refrigerator and a cooktop, low maintenance floors, and a balcony with a southern exposure view. Watch the rocket launches from your private balcony or drink your coffee while enjoying the sounds of the surf. This unit is fully furnished with comfortable furnishings and completely turnkey so you can start renting it out immediately. The complex offers two pools (one open and one under renovation to be completed soon), a fitness center, a library, beach access, a seawall that's almost completed, and much more. With a full-time manager on-site, you'll always have the ability to keep yourself and your guests comfortable. This building has good reserves and the owners have paid the pending assessments, so you will be ready to start enjoying life at the beach the day of closing!! All information taken from the tax record, and while deemed reliable, cannot be guaranteed.

Details

Property type

Condominium

Est. home value

$192,711

Property condition

Updated/Remodeled

Lot size

3.27 acres

Price per sq ft

$300

Year built

1952

Annual property taxes

$1,472

Monthly HOA fee

$894

Price History

10/18/2024
Daytona

Daytona #1204294

Price change
$189,900
-5%
09/26/2024
Daytona

Daytona #1204294

Listed
$199,900
08/12/2022
Daytona

Daytona #1096232

Sold
$199,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$19,537
Asking price
$189,900
Closing costs (~8% of asking)
-$15,192
Est. remaining loan balance
-$155,171
Cash to seller
$19,537

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2022

Original loan amount

$159,920

Est. remaining balance

$155,171

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Jared Gallop and Mary Gallop

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: 11/22/2024 at 7:15 PM

Listing updated: 11/12/2024 at 5:21 PM

Listed by: Kelly Ferguson, Simply Real Estate

MLS: Daytona #1204294

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