$195,000
Indian Harbour Beach, FL 32937
MLS# 959796
Status: Closed
2 beds | 2 baths | 1088 sqft
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Property Description
Investors, now is your chance to own a beachside condo at a $50k discount to market value. This 2 bdrm/1.5 bath townhouse is fully furnished and tastefully decorated in a coastal theme. Hurricane shutters, hardwood floors in the bedrooms. Only 1 block to the beach, this property can earn $1800 per month for less than $200k. Hard to find in today's market...why? The Jamestown Condo in Indian Harbour Beach was built in 1964 and the association is in the process of changing the facade of every building. This $20k+ assessment has been priced into this sale. The $881 monthly assessment is accounting for new insurance requirements. If you are a numbers person and long-term investor, you may see the value in this long-term growth and income investment.
Details
Maps
Location, Tax, and Legal
Unit Number: 76
Tax Account: 2714072
Parcel Number: 27-37-12-00-00545.6-0000.00
General County Location: South
Elementary School: Ocean Breeze
Middle School: Hoover
High School: Satellite
Tax Annual Amount: 2253.53
Tax Year: 2022
Tax Legal Description: THE JAMESTOWN CONDO UNIT 76 THE JAMESTOWN CONDO AS DESC IN ORB 2001 PG 581 AND ALL AMENDMENTS THERETO.
Directions: A1A to west on Palm Springs Parkway, south on Jamestown Pkwy, East on North Colonial and south on E Colonial Ct to unit 136.
General Property Information
Stories Total: 1
Bathrooms Half: 1
Living Area: 1088
Living Area Source: Public Records
Building Area Total: 1088
Lot Size Acres: 0.05
Lot Size Square Feet: 2178
Association YN: Yes
Association Fee: 881
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: Southern States Management Group
Association Phone: 386-446-6333
Garage YN: No
Property Use: 04 / CONDOMINIUM UNIT
Garage Spaces: 0
Carport YN: Yes
Carport Spaces: 1
Waterfront YN: No
Senior Community YN: No
Water Body Access YN: No
Furnished: Furnished
Entry Level: 1
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 183.73
Sold Price/SqFt: 179.23
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 1
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: Investors, now is your chance to own a beachside condo at a $50k discount to market value. This 2 bdrm/1.5 bath townhouse is fully furnished and tastefully decorated in a coastal theme. Hurricane shutters, hardwood floors in the bedrooms. Only 1 block to the beach, this property can earn $1800 per month for less than $200k. Hard to find in today's market...why? The Jamestown Condo in Indian Harbour Beach was built in 1964 and the association is in the process of changing the facade of every building. This $20k+ assessment has been priced into this sale. The $881 monthly assessment is accounting for new insurance requirements. If you are a numbers person and long-term investor, you may see the value in this long-term growth and income investment.
Appliances
Dishwasher: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Architectural Style
Patio Home: 1
Villa: 1
Association Amenities
Car Wash Area: 1
Laundry: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Management - Full Time: 1
Management - Off Site: 1
Pool: 1
Shuffleboard Court: 1
Storage: 1
Association Fee Includes
Cable TV: 1
Insurance: 1
Pest Control: 1
Sewer: 1
Trash: 1
Water: 1
Closing Company Details
Closing Company Name: A1A Beachside Title, attn: Gail Gilbert
Closing Company Address: 1980 N Atlantic Ave # 305, Cocoa Beach, FL 32931
Construction Materials
Brick: 1
Stucco: 1
Cooling
Central Air: 1
Fencing
Fenced: 1
Wood: 1
Flooring
Tile: 1
Wood: 1
Heating
Central: 1
Hot Water: 1
Interior Features
Ceiling Fan(s): 1
Walk-In Closet(s): 1
Legal Details
Permission Granted to Advertise: Yes
Levels
Two: 1
Listing Terms
Cash: 1
Parking Features
Carport: 1
Pets Allowed
Total Number Of Pets: 1
Possession
Close Of Escrow: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Other: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
View
Pool: 1
Water Source
Public: 1
Waterfront Features
Ocean Access: 1
Showing Requirements
Appointment Only: 1
Lockbox: 1
Showing Service: 1
Rental Restrictions
1 Month: 1
Historical Information
Public Historical Remarks 2: Dwelling View-Garden: Y
Contract Information
Current Price: $195,000
Original List Price: 199900
Sold Price: $195,000
Status: Closed
Listing Contract Date: 2023-03-15
Property Sub Type: Condominium
Location Tax and Legal
Street Number: 136
Street Direction Prefix: E
Street Name: Colonial
Street Suffix: Court
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: The Jamestown Condo
Status Change Information
Major Change Timestamp: 2023-04-21T18:39:04Z
Major Change Type: Status Change
Status Change Timestamp: 2023-04-21
Purchase Contract Date: 2023-03-18
Close Date: 2023-04-21
Close Price: 195000
Property Features
Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator
Architectural Style: Patio Home; Villa
Association Amenities: Car Wash Area; Laundry; Maintenance Grounds; Maintenance Structure; Management - Full Time; Management - Off Site; Pool; Shuffleboard Court; Storage
Association Fee Includes: Cable TV; Insurance; Pest Control; Trash; Water
Construction Materials: Brick; Stucco
Cooling: Central Air
Fencing: Fenced; Wood
Flooring: Tile; Wood
Heating: Central; Hot Water
Interior Features: Ceiling Fan(s); Walk-In Closet(s)
Levels: Two
Listing Terms: Cash
Parking Features: Carport
Possession: Close Of Escrow
Rental Restrictions: 1 Month
Road Surface Type: Asphalt
Roof: Shingle; Other
Sewer: Public Sewer
Showing Requirements: Appointment Only; Lockbox; Showing Service
Special Listing Conditions: Standard
View: Pool
Water Source: Public
Waterfront Features: Ocean Access
Listing Office: RE/MAX Aerospace Realty
Last Updated: October - 19 - 2024
Information is deemed to be reliable, but is not guaranteed.