$450,000 Price Analysis    ♡   Montauk, NY 11954 1 bed 1 bath 353 SqFt ($1274/SqFt) Built 1980 Listed 2024-01-04, HOA $1360 | Ⓧ USDA Ineligible due to location near Montauk |
Rarely in this expansive oceanfront complex
* No Longer For Sale *
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An opportunity to purchase an oceanfront apartment becomes available. Uniquely located in the South Building facing the Atlantic Ocean, enjoy a direct ocean view from your sofa beneath vaulted ceilings in both living room and bedroom. This ful ly renovated, ground level efficiency apartment, with sun deck, looks out upon the magnificent dunes of the Atlantic Ocean; steps away.
The unit comprises 353 ft2 of living space. The property itself affords a highly profitable rental program, fitness room, outdoor heated pool, tennis, basketball and shuffle board courts, children's playground, barbecue grills and picnic area and over 900 feet of ocean beach for your family's enjoyment. Originally asking $529K, unit is priced to sell prior to the 2024 season; all rentals currently booked to beneft the successful bidder. Asking $450K Firm.
Presented by Kenneth Kalafut at
Dune Resorts Realty Llc.
Property MLS #11233766 from MyStateMLS
Dishwasher: Y
Refrigerator: Y
Microwave: Y
Oven: Y
Kitchen Type: Open
Kitchen Description: Open
Heating Features: 2, Hot Water
Heating Fuel: Oil
Waterfront Feet: 900
Association Fee: 1360
Association Fee Includes: 1360
Calculated Total Monthly Association Fees: 1360
Association Name: Driftwood Apartment Corp.
Association Phone: 6313291233
County: 36103
Availability Date: 2024-01-04
Source Property Type: Coop
Area: East Hampton
Property Subtype: co-op
Source Neighborhood: East Hampton
Parcel Number: 300-110-01-013
Property Subtype: Co-op
Source System Name: C2C
$450,000
MyStateMLS
Price Changed 2024-04-02
$450,000
MyStateMLS
Listed 2024-01-04
$529,000
MyStateMLS
Year Built: 1980
Building Features: Building Doorman: Y, Building Gym: Y
Building Name: Driftwood on the Ocean
Property Age: 44
Levels or Stories: 1
Architectural Style: Low-rise
1
Water Source: Municipal
Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.