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$225,000

Beds
2
Baths
2.0
sq ft
1,090

1060 Crystal Lake Dr Unit 304, Deerfield Beach, FL 33064

1060 Crystal Lake Dr Unit 304

Deerfield Beach, FL 33064

  • <1 day on market
ATTENTION INVESTORS! EXCEPTIONAL INVESTMENT OPPORTUNITY IN DEERFIELD BEACH! THIS SPACIOUS CONDO OFFERS 2 BEDROOMS AND AN OVERSIZED DEN. THIS UNIT WAS FULLY RENOVATED, FEATURING NEW CABINETS, GRANITE COUNTERTOPS, RECESSED LIGHTING, AND STAINLESS-STEEL APPLIANCES IN THE KITCHEN. LUXURY VINYL PLANKS FLOORING THROUGHOUT. THE BATHROOMS WERE COMPLETELY REDONE WITH NEW VANITIES, TOILETS, AND SHOWERS. THE AMAZING LAKE VIEW ADDS TO THE APPEAL OF THIS OUTSTANDING PROPERTY! CURRENTLY RENTED UNTIL THE END OF DECEMBER, PROVIDING YOU WITH A FANTASTIC OPPORTUNITY TO GENERATE IMMEDIATE RENTAL INCOME AT 6.5% CAP RATE* DON’T MISS OUT ON THIS PROFITABLE INVESTMENT! *CAP RATE CALCULATED USING CURRENT TAXES AND HOMEOWNER’S INSURANCE

Details

Property type

Condominium

Est. home value

$215,558

Lot size

Unknown

Price per sq ft

$207

Year built

1968

Annual property taxes

$4,102

Monthly HOA fee

$588

Price History

01/20/2025
SEF

SEF #A11728191

Listed
$225,000
+23.63%
06/24/2022
Beaches

Beaches #R10783936

Sold
$182,000

Schools & Community

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

$80,719
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$126,281
Cash to seller
$80,719

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

June 2022

Original loan amount

$131,250

Est. remaining balance

$126,281

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Mauricio M Fernandes

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 11:20 PM

Listing updated: 01/21/2025 at 4:54 PM

Listed by: Ricardo Almeida, Reall Realty LLC Phone #: (561) 617-7387

MLS: SEF #A11728191

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