tomo logo

$825,000

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

  • 28 days on market
This sleek, industrial-modern style condo offers the perfect blend of contemporary design and urban convenience in the heart of downtown Delray Beach. This stunning unit has two bedrooms, two bathrooms and an office space. The interior has an open-concept floor plan, high ceilings, exposed concrete ceilings, and beautiful large format tile floors, creating a chic, loft-inspired vibe. The kitchen boasts stainless steel appliances, sleek cabinetry, and an eat in kitchen, ideal for both cooking and entertaining. Located just steps from the vibrant Atlantic Avenue, you'll have immediate access to a wide array of world-class dining, boutique shopping, and lively entertainment. The beautiful beaches of Delray are also just a short walk away, offering easy access to the sun and surf.

Details

Property type

Condominium

Est. home value

$703,849

Lot size

Unknown

Price per sq ft

$762

Year built

2008

Annual property taxes

$10,460

Monthly HOA fee

$665

Price History

11/25/2024
Beaches

Beaches #R11040146

Listed
$825,000
+4.43%
08/09/2024
SEF

SEF #A11509979

Removed
$790,000
07/02/2024
SEF

SEF #A11509979

Price change
$790,000
-4.24%

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

$426,448
Asking price
$825,000
Closing costs (~8% of asking)
-$66,000
Est. remaining loan balance
-$332,552
Cash to seller
$426,448

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

$332,552

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

Beaches
$825,000
2 bd
|
2 ba
|
1,160 sq ft
|
Condo

1015 Ingraham Ave Unit 9, Delray Beach, FL 33483

Price drop
Beaches
$850,000
2 bd
|
2 ba
|
1,385 sq ft
|
Condo

318 SE 7th Ave Unit 1, Delray Beach, FL 33483

Price drop
Beaches
$795,000
2 bd
|
2 ba
|
1,515 sq ft
|
Condo

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

Status: Active

Tomo last checked: 12/22/2024 at 9:05 PM

Listing updated: 12/10/2024 at 1:45 PM

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

MLS: Beaches #R11040146

Beaches logo