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$5,495,000

Beds
4
Baths
4.5
sq ft
4,420

116 Royal Palm Dr, Fort Lauderdale, FL 33301

116 Royal Palm Dr

Fort Lauderdale, FL 33301

  • 167 days on market
    • Price drop $355,000↓
100-FT DEEPWATER ON APPROX 100 FT WIDE CANAL | 0.275± ACRES |CHARTS SHOW 9-10 FT CANAL DRAFT WITH TURN BASIN | 110 POWER & WATER TO DOCK | STREET HAS UNDERGROUND UTILITIES INCLUDING NATURAL GAS | IMPACT GLASS & ADDITONAL SHUTTERS FOR DOUBLE PROTECTION | ENTIRE HOUSE NAT GAS GENERATOR | SALTWATER POOL IS GAS HEATED | WIDE CAP SEAWALL WITH BATTER PILES | SUMMER KITCHEN WITH WET BAR & ELECTRIC | TWO STORY GREAT ROOM WITH FIREPLACE & ART NICHES | WET BAR WITH CHILLED WINE STORAGE | LOFT AREA FOR GYM OR OFFICE | MARBLE & WOOD FLOORS | PRIMARY BR: GROUND FLOOR WITH WOOD FLOORS | PRIMARY BATH: MARBLE & SPA BATH | ISLAND KITCHEN: TRANSOM WINDOWS & TWO SINKS & BASSWOOD CABINETS | 3-CAR GARAGE | GAS COOKING & RECIRCULATING HOT WATER HEATER | TERMITE POLICY | TUTHILL ARCHITECTURE

Details

Property type

Single Family Residence

Est. home value

$3,945,613

Lot size

0.28 acres

Price per sq ft

$1,244

Year built

2001

Annual property taxes

$35,302

Price History

02/19/2024
Beaches

Beaches #F10419523

Price change
$5,495,000
-6.07%
01/21/2024
Beaches

Beaches #F10419523

Listed
$5,850,000

Schools & Community

Neighborhood: 

Nurmi Isles

Elementary school: 

Harbordale

Middle school: 

Sunrise

High school: 

Fort Lauderdale

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Northern Tr Bk Fl

Loan start date

April 1994

Original loan amount

$377,500

Est. remaining balance

Not provided

Interest rate

7.11%

Loan type

Not Provided

Seller

Stephen A Renae and Pamela J Renae

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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Status: Active

Tomo last checked: 07/05/2024 at 10:55 PM

Listing updated: 05/20/2024 at 2:52 AM

Listed by: Rory Vanucchi, Florida Luxurious Properties Phone #: (954) 870-4080

MLS: Beaches #F10419523

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