tomo logo

$1,999,999

Beds
3
Baths
4.0
sq ft
2,950

101 S Fort Lauderdale Beach Blvd Unit 701, Fort Lauderdale, FL 33316

101 S Fort Lauderdale Beach Blvd Unit 701

Fort Lauderdale, FL 33316

  • 369 days on market
    • Price drop $600,001↓
The essence of seaside elegance and relaxed comfort is all one feels upon entry of this Las Olas Beach Club residence. Den with full bath. Direct ocean views and intracoastal views are stunning from every room. Transformed to perfection by a local designer, every detail from finishes to furniture, wall coverings and window treatments create a glamourous yet relaxed Atlantic Ocean lifestyle. The original kitchen wall has been removed to open the view from all of the main living areas. A full coffee and wine bar is the latest update, sip and relax while enjoying sunrise and sunset from the wrapping terrace. Full amenities throughout: Guard gate, valet, front desk with concierge, extensive pool deck, hot tub, summer kitchen, towel service, fitness center/ spa, dog park, guest parking.

Details

Property type

Condominium

Est. home value

$2,291,753

Lot size

Unknown

Price per sq ft

$678

Year built

2006

Annual property taxes

$29,415

Monthly HOA fee

$3,731

Price History

04/22/2024
Beaches

Beaches #F10409937

Price change
$1,999,999
-23.08%
12/27/2023
Beaches

Beaches #F10409937

Price change
$2,600,000
-7.14%
11/17/2023
Beaches

Beaches #F10409937

Listed
$2,800,000
+103.64%

Schools & Community

Neighborhood: 

Central Beach Alliance

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

148

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

$1,143,215
Asking price
$1,999,999
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$696,784
Cash to seller
$1,143,215

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2018

Original loan amount

$800,000

Est. remaining balance

$696,784

Interest rate

4.15%

Loan type

New Conventional, 30 year

Seller

Andres Leon and The Andres Leon Revocable Trust

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: 11/20/2024 at 12:30 AM

Listing updated: 10/01/2024 at 7:05 PM

Listed by: Christina Ciani, Douglas Elliman Phone #: (954) 522-3339

MLS: Beaches #F10409937

Beaches logo