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$385,000

Beds
2
Baths
2.0
sq ft
900

1000 River Reach Dr Unit 516, Fort Lauderdale, FL 33315

1000 River Reach Dr Unit 516

Fort Lauderdale, FL 33315

  • 5 days on market
COMPLETELY UPDATED & EXQUISITELY DESIGNED, 2BD/2BA condo featuring an oversized balcony, spectacular Downtown city views and WASHER & DRYER INSIDE UNIT!!! New Impact Windows & Doors, Concrete Restoration & Balcony Railings! Welcome to the new & improved, 22-acre, gated island of River Reach—a boater’s paradise w/more than 3,000 ft of open access dockage & no fixed bridges! Amenities include gated entry, 24-hour security, 3-heated pools, 2-tennis courts, exercise rm, bike & kayak storage & affordable dockage up to 50 ft (check availability). Beautifully updated common areas including gate entry, pools, clubhouse, landscaping, etc. Water, basic cable & Internet included in Association Dues. Pet friendly. Close to Downtown, Las Olas Blvd, airport, shops & restaurants. Don't Miss this!

Details

Property type

Condominium

Est. home value

$327,340

Lot size

Unknown

Price per sq ft

$428

Year built

1971

Annual property taxes

$2,922

Monthly HOA fee

$931

Price History

01/17/2025
Beaches

Beaches #F10480941

Listed
$385,000
+61.76%
08/26/2019
SEF

SEF #A10689626

Sold
$238,000

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

574

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$165,890
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$188,310
Cash to seller
$165,890

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2019

Original loan amount

$210,762

Est. remaining balance

$188,310

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Jill Turkish

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/21/2025 at 11:45 PM

Listing updated: 01/17/2025 at 3:35 PM

Listed by: Peter Barkin, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10480941

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