tomo logo

$765,000

Beds
2
Baths
2.0
sq ft
1,083

111 SE 2nd St Unit 201, Delray Beach, FL 33444

111 SE 2nd St Unit 201

Delray Beach, FL 33444

  • 129 days on market
    • Price drop $25,000↓
This industrial chic residence is an exceptional opportunity for full-time residents, seasonal visitors, or investors! Experience the ultimate in modern coastal living with this stylish condo, perfectly situated just steps from Delray Beach's fine dining, shopping, and award winning beaches, offering a seamless blend of sophistication and convenience.Designed for effortless luxury, this condo boasts sleek finishes, an open-concept layout and high end finishes. The private balcony provides the perfect space to unwind and soak in the vibrant energy of Downtown Delray Beach.The tenants lease ends Aug 2025 with the options for the buyer to keep the tenant through 2026 or have the tenant vacate for buyers immediate move in by September 2026.

Details

Property type

Condominium

Est. home value

$703,849

Lot size

Unknown

Price per sq ft

$707

Year built

2008

Annual property taxes

$10,460

Monthly HOA fee

$824

Price History

03/06/2025
Beaches

Beaches #R11040146

Price change
$765,000
-3.16%
01/18/2025
Beaches

Beaches #R11040146

Price change
$790,000
-4.24%
11/25/2024
Beaches

Beaches #R11040146

Listed
$825,000
+4.43%

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

$373,320
Asking price
$765,000
Closing costs (~8% of asking)
-$61,200
Est. remaining loan balance
-$330,480
Cash to seller
$373,320

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

Seller’s Loan History

Lender

Nations Reliable Lending Llc

Loan start date

June 2021

Original loan amount

$360,000

Est. remaining balance

$330,480

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Gregory M Gundy and Maxwell T Venables

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?

Similar Homes Nearby

Price drop
Beaches
$750,000
2 bd
|
2 ba
|
1,515 sq ft
|
Condo

86 Macfarlane Dr Unit 2J, Delray Beach, FL 33483

Beaches
$775,000
2 bd
|
2 ba
|
1,160 sq ft
|
Condo

1015 Ingraham Ave Unit 11, Delray Beach, FL 33483

Price drop
Beaches
$775,000
2 bd
|
2 ba
|
1,160 sq ft
|
Condo

1015 Ingraham Ave Unit 9, Delray Beach, FL 33483

Status: Active

Tomo last checked: 04/03/2025 at 7:45 PM

Listing updated: 04/01/2025 at 12:26 PM

Listed by: Savannah Fruin, Engel & Voelkers Delray Beach Phone #: (561) 362-2888

MLS: Beaches #R11040146

Beaches logo