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$4,670,000

Beds
4
Baths
4.5
sq ft
7,966

1021 Hillsboro Mile Unit RG, Hillsboro Beach, FL 33062

1021 Hillsboro Mile Unit RG

Hillsboro Beach, FL 33062

  • 394 days on market
    • Price drop $150,000↓
360 degree spectacular views from your 13,500 square foot condominium encompassing the entire top floor Penthouse of the Hillsboro Landmark! Dock your yacht on your private 106 foot dock directly on the Intracoastal waterway just minutes away from the Hillsboro Inlet. This unit has 8,000 sq ft living with over 5,000 square feet of wrap around balconies allowing for views in every direction. Your keyed elevator opens directly into this magnificent apartment with 4 bedrooms, 4 full baths, a powder room, an enormous office, and much much more. Schedule an opportunity to own this one of a kind property! This property can be purchased fully renovated list at $9,915,000 See listing RX-10912338

Details

Property type

Condominium

Est. home value

$6,744,676

Lot size

Unknown

Price per sq ft

$587

Year built

1969

Annual property taxes

$42,601

Monthly HOA fee

$5,242

Price History

08/17/2024
Beaches

Beaches #R10912340

Price change
$4,670,000
-3.11%
08/08/2024
Beaches

Beaches #R10912340

Price change
$4,820,000
-3.02%
07/05/2024
Beaches

Beaches #R10912340

Price change
$4,970,000
-5.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

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

$4,107,274
Asking price
$4,670,000
Closing costs (~8% of asking)
-$373,600
Est. remaining loan balance
-$189,126
Cash to seller
$4,107,274

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

January 2022

Original loan amount

$200,000

Est. remaining balance

$189,126

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Phillip Nathan Thornberry

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?

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Status: Active

Tomo last checked: 09/13/2024 at 9:40 AM

Listing updated: 09/06/2024 at 12:57 AM

Listed by: Scott Eckert, RPE Realty Phone #: (630) 452-5099

MLS: Beaches #R10912340

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