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$703,849Estimated home value

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

  • Off market
    • Price drop $35,000↓
Enjoy downtown Delray Beach living at 111 SE 2nd Street, a sophisticated boutique building seconds from East Atlantic Avenue, providing excellent proximity to one of south Florida's premier dining/pedestrian areas & the beautiful beaches of Delray. Rarely offered 2/2 +den/office and unique in its design elements, the property incorporates modern elegance paired with industrial design. Stainless steel appliances, granite countertop surfaces & the distinctive incorporation of exposed beams in the main living areas showcase the attention to detail which is unparalleled. Outside, a juliet balcony provides outdoor living space to enjoy the South Florida lifestyle. Whether as a permanent home or an investment opportunity, this is a must-see! New AC unit 2023. Available for rent, $4,250/mo.

Details

Property type

Condominium

Est. home value

$703,849

Lot size

Unknown

Price per sq ft

$730

Year built

2008

Annual property taxes

$10,460

Monthly HOA fee

$665

Price History

08/09/2024
SEF

SEF #A11509979

Removed
$790,000
07/02/2024
SEF

SEF #A11509979

Price change
$790,000
-4.24%
05/13/2024
SEF

SEF #A11509979

Price change
$825,000
-5.71%

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

$392,192
Asking price
$790,000
Closing costs (~8% of asking)
-$63,200
Est. remaining loan balance
-$334,608
Cash to seller
$392,192

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

$334,608

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 10:35 PM

Listing updated: 07/02/2024 at 10:23 AM

Listed by: Matthew Simon, Douglas Elliman Phone #: (561) 245-2635

MLS: SEF #A11509979

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