425 Catamaran Drive , #66

Description

Location: Merritt Island is known for its proximity to the Kennedy Space Center and the Banana River. Consider whether the location suits your needs in terms of commute, amenities, and proximity to your workplace or places you frequently visit.Desirability: If this area is considered desirable, it could be a good investment. Research the local real estate market trends to determine if property values are expected to increase in the future.Amenities: Having two swimming pools on the property can be a great perk, especially for those who enjoy swimming or spending time by the pool. Check the condition and maintenance of these amenities.Courtyard: A beautiful courtyard can be a lovely feature, providing a pleasant outdoor space for relaxation and socializing.Location: Merritt Island is known for its proximity to the Kennedy Space Center and the Banana River. Consider whether the location suits your needs in terms of commute, amenities, and proximity to your workplace or places you frequently visit. Desirability: If this area is considered desirable, it could be a good investment. Research the local real estate market trends to determine if property values are expected to increase in the future. Amenities: Having two swimming pools on the property can be a great perk, especially for those who enjoy swimming or spending time by the pool. Check the condition and maintenance of these amenities. Courtyard: A beautiful courtyard can be a lovely feature, providing a pleasant outdoor space for relaxation and socializing. Inspect it to ensure it's well-maintained. Interior Space: A spacious living room and bedrooms are definitely a plus. Ensure that the layout and size of the rooms meet your needs and preferences. Balcony: A balcony can be a great spot for enjoying the outdoors. Inspect the balcony for any maintenance issues or needed repairs. Price: The fact that it's under $150,000 in Merritt Island is worth noting. However, it's essential to get a clear understanding of the total cost, including property taxes, homeowner association fees, and any potential renovation or maintenance costs. Potential: When you mention "all its potential," consider what you could do with the condo in terms of customization and upgrades. Are there any limitations or restrictions imposed by the homeowner association? HOA (Homeowners Association): Understand the rules and regulations of the HOA, as well as the monthly fees. Find out if there are any pending assessments or issues within the community. Inspection: Prior to making any purchase, it's highly recommended to have a professional inspection done to identify any hidden issues or necessary repairs. Neighborhood: Research the neighborhood to determine the quality of schools, safety, proximity to shopping centers, restaurants, and other essential amenities. Resale Value: Consider how this property might fare in the resale market. Are there any unique features or factors that might make it more appealing to future buyers? Financing: Make sure you have a clear understanding of your financing options and mortgage rates available to you for a property in this price range.