tomo logo

$486,000

Beds
2
Baths
2.0
sq ft
1,100

1161 Hillsboro Mile Unit 601, Hillsboro Beach, FL 33062

1161 Hillsboro Mile Unit 601

Hillsboro Beach, FL 33062

  • 164 days on market
    • Price drop $39,000↓
Spacious 2 Bedroom 2 Bathroom Beach-front Penthouse Condo. This end unit features 2 expansive patios, smart features like Toto bidets & touchless kitchen faucet, tile flooring throughout & a built-in bar. You'll love the amazing Ocean & Intracoastal views. The kitchen has granite countertops, stainless steel appliances, ample storage & is open to the living/dining areas. The Primary Suite offers a walk-in closet and an ensuite bath. Enjoy waterfront living at its best at the private oceanfront pool, community room, picnic & grilling area & private beach access. This home also includes surround sound home theater, tankless water heater just for the kitchen, walk-in closet in the guest room, a covered parking spot, storage unit & available w/furniture. Close to Parks, Shopping & Dining.

Details

Property type

Condominium

Est. home value

$505,628

Lot size

Unknown

Price per sq ft

$442

Year built

1965

Annual property taxes

$6,790

Monthly HOA fee

$616

Price History

11/01/2024
Beaches

Beaches #F10449232

Removed
$486,000
10/20/2024
Beaches

Beaches #F10449232

Listed
$486,000
10/10/2024
Beaches

Beaches #F10449232

Price change
$486,000
-7.43%

Schools & Community

Elementary school: 

Cresthaven

Middle school: 

Crystal Lakes

High school: 

Deerfield Beach

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

$278,452
Asking price
$486,000
Closing costs (~8% of asking)
-$38,880
Est. remaining loan balance
-$168,668
Cash to seller
$278,452

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

June 2014

Original loan amount

$215,625

Est. remaining balance

$168,668

Interest rate

4.27%

Loan type

New Conventional, 30 year

Seller

Samuel A Greene

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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1057 Hillsboro Mile Unit 714, Hillsboro Beach, FL 33062

Status: Active

Tomo last checked: 12/23/2024 at 5:20 AM

Listing updated: 12/10/2024 at 12:51 PM

Listed by: Carlos Mahone, Redfin Corporation Phone #: (305) 520-7399

MLS: Beaches #F10449232

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