tomo logo

$749,999

Beds
3
Baths
3.0
sq ft
1,734

1111 NW 2nd Ave, Fort Lauderdale, FL 33311

1111 NW 2nd Ave

Fort Lauderdale, FL 33311

  • 7 days on market
Brand new 2021 Construction! Discover an incredible opportunity just minutes from the heart of downtown Fort Lauderdale. This property is perfect for homebuyers looking to benefit from the area's rapid growth & increasing property values, as well as investors seeking lucrative AirBnB or rental income potential. Home features modern finishes throughout, open kitchen with center cooking island, & a split floor plan with a 2nd en suite, perfect for guests or children. Bonus space in the foyer can easily be used as an office or work space. The private, fenced backyard offers endless possibilities for customization. Enjoy peace of mind with full hurricane impact windows & doors. Located just minutes from all downtown Ft. Lauderdale has to offer, & a short drive to Ft. Lauderdale beach! No HOA!

Details

Property type

Single Family Residence

Est. home value

$707,588

Lot size

5,061 sq ft

Price per sq ft

$433

Year built

2021

Annual property taxes

$8,731

Price History

06/26/2024
SEF

SEF #A11613798

Listed
$749,999
+47.06%
11/02/2021
SEF

SEF #A11072843

Sold
$510,000
+249.32%
04/12/2019
SEF

SEF #A10619891

Sold
$146,000

Schools & Community

Neighborhood: 

South Middle River

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

$373,265
Asking price
$749,999
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$316,734
Cash to seller
$373,265

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

November 2021

Original loan amount

$375,000

Est. remaining balance

$316,734

Interest rate

2.12%

Loan type

New Conventional, 15 year

Seller

Ryan Grubich and Shannon Kasap

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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507 NW 17th Pl, Fort Lauderdale, FL 33311

Status: Active

Tomo last checked: 07/03/2024 at 12:55 PM

Listing updated: 07/02/2024 at 10:04 AM

Listed by: Madison Gianchetta, Blue Realty of Fort Lauderdale Phone #: (954) 736-8644

MLS: SEF #A11613798

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