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$425,000

Beds
2
Baths
1.0
sq ft
726

107 Palm Ave, Fort Lauderdale, FL 33312

107 Palm Ave

Fort Lauderdale, FL 33312

  • 27 days on market
Bright and airy 2-bedroom, 1-bathroom home located in the heart of Sailboat Bend, just a short walk from downtown Fort Lauderdale. Enjoy the beautifully designed outdoor space with a Chicago brick patio, perfect for relaxing or entertaining, and easy-to-maintain landscaping. Features tiled floors throughout and a durable metal roof. The cozy kitchen was updated last year, and a large storage shed in the backyard offers extra space. Custom built-ins, including a bookshelf and charming window seating, add to the home's unique character. Stay energy-efficient with a tankless water heater. The fully fenced yard is ideal for pets. Whether you're looking for a great investment opportunity or a charming starter home, this property is perfect!

Details

Property type

Single Family Residence

Est. home value

$371,495

Lot size

3,250 sq ft

Price per sq ft

$586

Year built

1956

Annual property taxes

$3,670

Price History

10/18/2024
Beaches

Beaches #F10467148

Listed
$425,000
+102.38%
02/19/2019
Beaches

Beaches #F10145236

Sold
$210,000

Schools & Community

Neighborhood: 

Sailboat Bend

Elementary school: 

North Fork

Middle school: 

New River

High school: 

Stranahan

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

$221,410
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$169,590
Cash to seller
$221,410

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

Seller’s Loan History

Lender

Tropical Financial Cu

Loan start date

February 2019

Original loan amount

$189,000

Est. remaining balance

$169,590

Interest rate

4.55%

Loan type

New Conventional, 30 year

Seller

Benjamin A Wright

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: 11/13/2024 at 10:55 PM

Listing updated: 10/22/2024 at 11:15 AM

Listed by: Bryan M Gold, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10467148

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