NOT LISTED FOR SALE

488 Tropics Ave Daytona Beach, FL 32124

Latitude Margaritaville Neighborhood

Estimated Value: $523,000 - $688,000

3 Beds
3 Baths
2,080 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $650,000 $312 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,036/month

2 Days on Market

Highlights

  • Tennis Courts
  • Senior Community
  • Deck
  • Heated In Ground Pool
  • Clubhouse
  • Great Room

About This Home

As of January 2024

Hurry to see this spectacular 3 BR 3 BA BREEZE home located next to the cul de sac with extended screened lanai. You will fall in love with the 42'' White Cabinets, Quartz Countertops, backsplash to match, Cooktop, Range Hood, Double Wall Oven, Wine Fridge & KitchenAid S/S Appliances. The Breakfast Nook has custom built in cabinetry w/ glass door shelving & lower cabinets for more storage. Coastal plank tile flooring, recessed lighting, plantation shutters in all rooms! Crown molding in Foyer, Great Room and Kitchen with upgraded light fixtures. The Primary Spa Like Bath has upgraded wall lighting, double vanities & a large walk-in shower. Laundry Room equipped with upper & lower cabinets & a soaker sink too! Don't miss out on this extraordinary home & community w/award winning amenities

Last Agent to Sell the Property

Kelley Sarantis

Bob Hodges and Sons Realty License #600039 Listed on: 11/11/2023

Last Buyer's Agent

Melanie Laffer

Keller Williams Realty Florida Partners License #3438925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $172

Year Built

  • Built in 2023

Lot Details

  • 6,534

HOA Fees

  • $287 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Den
  • Screened Porch
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Tennis Courts
  • Deck
  • Screened Patio

Additional Features

  • Accessible Common Area
  • Smart Irrigation
  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 5207-01-00-2511

Community Details

Overview

  • Senior Community
  • Association fees include ground maintenance
  • Latitude Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$172

Year Built

Built in 2023

Lot Details

0

HOA Fees

$287 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 7556 sq ft
  • Road Surface Type: Paved
  • Subdivision Name: Latitude
  • Directions: TYmber Creek to end, L on Margaritaville, L on Coral Reef Way, R on Low Tide Ln, R on Tropics, Home on R
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built: 2023
  • Reso Property Type: Residential
  • Reso Room Type: Den
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Dimensions: 7556 sq ft
  • General Property Information CDD Fee YN: No
  • General Property Information Senior Community YN: Yes
  • General Property Information Homestead YN: Yes
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 5207-01-00-2511
  • Location Tax and Legal:Tax Annual Amount: 172.0
  • Location Tax and Legal:Tax Year: 2022
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Zoning Description: Single Family
  • Levels:One: Yes
  • Pets Allowed:Yes: Yes
  • Smart Home Features Irrigation: Yes
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Pool Features Heated2: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Room Types Other Room: Yes
  • Room Types Dining Room Level: M
  • Pets Allowed:Number Limit: Yes
  • Room Types Great Room: Yes
  • Room Types Great Room Level: M
  • Interior Features Breakfast Nook: Yes
  • Room Types Den: Yes
  • Room Types Den Level: M
  • Special Features: 4098

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Cooktop, Electric Cooktop, Dryer, Double Oven, Disposal, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Split Bedrooms
  • Living Area: 2080.0
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Pool Features:Community: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Pool Features: Community, In Ground, Heated
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Deck, Patio, Rear Porch, Screened
  • Roof: Shingle
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Tennis Court(s)2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Amenities: Clubhouse, Pickleball, Tennis Court(s)
  • Association Fee: 287.04
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 287.04
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Pickleball: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 5207-01-00-2511
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 172.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Jan 5, 2024
Sold by
Harmon Susan Gayle
Bought by
Lombardi Laurie
Seller's Agent
Kelley Sarantis
Bob Hodges and Sons Realty
Buyer's Agent
Melanie Laffer
Keller Williams Realty Florida Partners
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$610,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,029
Avg. Annual Appreciation
-3.62%
Original Mortgage
$520,000
Outstanding Balance
$512,267
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$98,704

Purchase Details

Closed on
Oct 25, 2022
Sold by
Minto Communities Llc
Bought by
Harmon Susan Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lombardi Laurie $650,000 Clear Title
Harmon Susan Gayle $489,783 Clear Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombardi Laurie $520,000
Previous Owner Harmon Susan Gayle $250,000
Previous Owner Harmon Susan Gayle $30,000
Previous Owner Harmon Susan Gayle $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $650,000 0.0% $313 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/11/2023 11/11/23 For Sale $650,000 -- $313 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,347 $417,944 -- --
2024 $5,347 $350,914 -- --
2023 $5,347 $340,694 $0 $0
2022 $172 $9,478 $9,478 $0
2021 $183 $9,478 $9,478 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelley Sarantis

    Seller's Agent in 2024

    Kelley Sarantis

    Bob Hodges and Sons Realty

    (954) 263-4924

    299 in this area

    319 Total Sales

    Kelley Sarantis
    Section Image

  • M

    Buyer's Agent in 2024

    Melanie Laffer

    Keller Williams Realty Florida Partners

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1116134

Daytona Beach Area Association of REALTORS®

APN: 5207-01-00-2511

Florida Volusia County Daytona Beach 32124 Latitude Margaritaville

488 Tropics Ave, Daytona Beach, FL

This home is located at 488 Tropics Ave, Daytona Beach, FL 32124 since 11 November 2023 and is currently estimated at $610,971, approximately $293 per square foot. This property was built in 2023. 488 Tropics Ave is a home located in Volusia County with nearby schools including Champion Elementary School, David C. Hinson Sr. Middle School, and Mainland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Daytona Beach Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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