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$749,000

Beds
4
Baths
3.0
sq ft
2,026

1011 SE 7th Ave, Pompano Beach, FL 33060

1011 SE 7th Ave

Pompano Beach, FL 33060

  • 1 day on market
INVESTOR OPPORTUNITY-9000 SF LOT / OVER 2K SF LIVIABLE, BELOW APPRAISAL. Spacious 4-bedroom, 3-bathroom single family home in Cypress Lake, Pompano Beach, Florida. Boasting over 2,400 Sq Ft of adjusted area. Currently undergoing permits and renovation, this property will feature impact windows, and doors, updated flooring, remodeled bathrooms . Perfect for cash-only buyers looking to invest in prime area. No association.

Details

Property type

Single Family Residence

Est. home value

$744,932

Lot size

9,000 sq ft

Price per sq ft

$370

Year built

1961

Annual property taxes

$12,051

Price History

11/08/2024
SEF

SEF #A11690393

Listed
$749,000
+10.15%
10/23/2023
SEF

SEF #A11425928

Sold
$680,000

Schools & Community

Neighborhood: 

Cypress Lakes

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$191,510
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$497,570
Cash to seller
$191,510

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

October 2023

Original loan amount

$502,500

Est. remaining balance

$497,570

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Maria Flavia Freire

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: 11/13/2024 at 11:00 PM

Listing updated: 11/12/2024 at 9:05 PM

Listed by: Jin Shin, Principal Real Estate Solutions Inc Phone #: (954) 263-6822

MLS: SEF #A11690393

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