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$340,000

Beds
2
Baths
2.0
sq ft
1,120

116 Lake Emerald Dr Unit 105, Oakland Park, FL 33309

116 Lake Emerald Dr Unit 105

Oakland Park, FL 33309

  • 27 days on market
Located in the serene and exclusive Lake Emerald condominium, this apartment blends nature, comfort, and top structural standards. Built in the 1980s, these buildings have undergone the mandatory 40-year recertification, ensuring safety and maintenance compliance. The complex offers stunning views of a 168-acre lake, where residents can enjoy kayaking, windsurfing, or paddleboarding. Amenities include three pools, jacuzzis, a fully equipped gym, tennis and basketball courts, and table tennis, all designed for an active lifestyle. For social gatherings, the community room and BBQ areas overlooking the lake provide the perfect setting. This gated community, with 24/7 security, offers a private, tranquil environment, just minutes from Fort Lauderdale’s top attractions.

Details

Property type

Condominium

Est. home value

$257,922

Lot size

Unknown

Price per sq ft

$304

Year built

1985

Annual property taxes

$3,951

Monthly HOA fee

$800

Price History

10/25/2024
SEF

SEF #A11682386

Price change
$340,000
+99900%
10/25/2024
SEF

SEF #A11682386

Listed
$340
-99.82%
12/21/2020
SEF

SEF #A10915448

Sold
$184,000
+0.27%

Schools & Community

Neighborhood: 

Lake Emerald

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

$206,138
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$106,662
Cash to seller
$206,138

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

Seller’s Loan History

Lender

Redstone Mortgage Llc

Loan start date

December 2020

Original loan amount

$117,000

Est. remaining balance

$106,662

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Julia Rocio Perez Aguilar

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: 11/22/2024 at 2:20 AM

Listing updated: 10/25/2024 at 6:05 PM

Listed by: Cheryl Batista, United Realty Group Inc Phone #: (954) 450-2000

MLS: SEF #A11682386

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