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$554,900

Beds
2
Baths
2.0
sq ft
1,023

9940 S Ocean Dr Unit 607, Jensen Beach, FL 34957

9940 S Ocean Dr Unit 607

Jensen Beach, FL 34957

  • 221 days on market
    • Price drop $100↓
    • Open house Mar 16
Beautifully Renovated Condo on the ocean in Jensen Beach! This 2 bedroom 2 Bath comes fully furnished and turnkey with furniture and new Bike included! All assessments totaling more than $50,000 have been paid in full by owners. All Structural work in Building has been completed. This unit received a totally new balcony! Also this unit has hurricane rated windows and sliders and new vertical blinds! This is a great unit to rent out or use immediately. Has Winter/High Season rental history and is already rented for Winter 2026. New owner receives over $15,000 income! Low HOA fee. Includes Boat/RV storage, 2 pools, pickleball and Tennis Courts and gym workout room. Located directly on the ocean it is close to restaurants and shopping. Pets Allowed!

Details

Property type

Condominium

Est. home value

$503,217

Lot size

Unknown

Price per sq ft

$543

Year built

1975

Annual property taxes

$6,647

Monthly HOA fee

$869

Price History

02/24/2025
Beaches

Beaches #F10454661

Listed
$554,900
02/24/2025
Beaches

Beaches #F10454661

Removed
$554,900
02/24/2025
Beaches

Beaches #F10454661

Price change
$554,900
-0.02%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$284,276
Asking price
$554,900
Closing costs (~8% of asking)
-$44,392
Est. remaining loan balance
-$226,232
Cash to seller
$284,276

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

Seller’s Loan History

Lender

Allied Mortgage Group Inc

Loan start date

August 2020

Original loan amount

$251,120

Est. remaining balance

$226,232

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

John Madiraca and Deborah C Madiraca

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: 03/14/2025 at 11:45 AM

Listing updated: 03/13/2025 at 11:15 AM

Listed by: Rita Gatta, The Keyes Company-Jensen Beach Phone #: (772) 225-2222

MLS: Beaches #F10454661

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