tomo logo

$1,145,000

Beds
2
Baths
2.0
sq ft
1,129

111 SE 1st Ave Unit 320, Delray Beach, FL 33444

111 SE 1st Ave Unit 320

Delray Beach, FL 33444

  • 2 days on market
Welcome to 111 First, where modern luxury living meets the heart of Downtown Delray. This exquisite 2-bedroom, 2-bath corner condo with a wrap-around terrace showcases designer finishes throughout. Entertain effortlessly in the spacious, contemporary kitchen boasting high-end cabinetry, a large waterfall island, quartz countertops, and built-in Bosch appliances. Additional upgrades include porcelain wood-like tile flooring, electric shades, custom shelving in closets and the laundry room, a Nest thermostat, and an August lock for secure entry. Indulge in your morning coffee or unwind with an evening cocktail on your private terrace.

Details

Property type

Condominium

Est. home value

$1,082,150

Lot size

Unknown

Price per sq ft

$1,015

Year built

2019

Annual property taxes

$915,000

Monthly HOA fee

$743

Price History

07/01/2024
Beaches

Beaches #R11000680

Listed
$1,145,000
-2.55%
06/17/2024
Beaches

Beaches #R10958381

Removed
$1,175,000
02/09/2024
Beaches

Beaches #R10958381

Listed
$1,175,000
+11.9%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$324,633
Asking price
$1,145,000
Closing costs (~8% of asking)
-$91,600
Est. remaining loan balance
-$728,767
Cash to seller
$324,633

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

Seller’s Loan History

Lender

City National Bank Of Florida

Loan start date

August 2023

Original loan amount

$735,000

Est. remaining balance

$728,767

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Arnaldo Lopez and Daniel Andres Varona

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: 07/03/2024 at 2:20 PM

Listing updated: 07/01/2024 at 4:53 PM

Listed by: Harry Bashian, Fortune Christie's International Real Estate Phone #: (305) 400-6393

MLS: Beaches #R11000680

Beaches logo

Recently listed in Delray Beach

$130,000|2 bd|2.0 ba|Condo
$205,000|2 bd|2.0 ba|Condo

Explore top cities in Florida