The Cloister's condominium in Atlantic Beach is a direct oceanfront residence. It is a seldom offered four bedroom home. Additional attributes are that it is an end unit on the second floor of the three-story condominium building. Included are two large contiguous garage units in addition to the exclusive protected… Read More private parking. The enclosed porch is available for added living area, but is not included in the overall square footage stated. This end unit facilitates multiple windows for natural light and neighborhood views as opposed to a common wall with a neighbor. It exists with the original finish having the carpeting removed to provide a blank slate for a new remodel. The 4 bedroom floorplan has an opportunity to expand the master bath into the oversized laundry room. This is not the case with the typical 3 bedroom floor plans. The Cloister's is a small intimate three story development with private pool and gated access on a beach without the crowds. It is not a high rise. The owner believes a value of $2.4 million is supported AS RENOVATED. An allowance for renovations is considered of $300,000 to arrive at $2.1 million. This is further reduced as motivation to $1.69 million as a value added opportunity. Given the unique inclusion of two contiguous garage units contributing $200,000, a remainder of a $1.49 million consideration for the 4 bedroom/end unit/2nd floor home is supported and provides a prospect for instant equity. Read Less
This data up-to-date as of . Listing courtesy of SAVVY AVENUE, LLC..
Listing Snapshot
Days Online
129
Last Updated
Property Type
Condominium
Beds
4
Full Baths
2
Year Built
1975
MLS Number
2119180
Additional Details
Building
Built in 1975, Living area: 1,960, 3 total stories
Cooling
"Central Air", "Electric"
Garage
4 spaces
Heating
"Central", "Electric"
Home Owner's Association
Association fee: $1,503
Parking
"Detached", "Garage", "Garage Door Opener", "Gated", "Parking Lot"
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Data last updated . Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Joi Perkins is a real estate agent affiliated with Compass. Compass Florida, LLC d/b/a Compass is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Data last updated:
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