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$1,850,000

Beds
2
Baths
2.0
sq ft
2,060

1185 SW 5th Ave, Boca Raton, FL 33432

1185 SW 5th Ave

Boca Raton, FL 33432

  • 119 days on market
Incredible ocean access waterfront home in Boca Raton's most sought after community - Boca Islands. Spectacular canal views. Minutes to intracoastal. 60' water frontage. Private 20' Dock & Boat Lift. Oversized backyard. Custom Pool & Covered Patio with Outdoor Kitchen. Private lush tropical backyard oasis. Magnificent Royal Palm trees. Located on quiet cul-de-sac street. This home is ready for a beautiful renovation with full water views from the kitchen, living room and dining room. Bike to the beach! Walk to Trader Joe's. Minutes to fine dining & shopping in downtown Mizner Park & Royal Palm Plaza. Family Friendly Neighborhood. Best A+ rated schools! No HOA! ***PRESENT ALL OFFERS***

Details

Property type

Single Family Residence

Est. home value

$1,267,811

Lot size

9,735 sq ft

Price per sq ft

$899

Year built

1966

Annual property taxes

$4,703

Price History

05/23/2024
Beaches

Beaches #R10990845

Listed
$1,850,000
+64.44%
05/26/2023
Beaches

Beaches #R10883772

Sold
$1,125,000

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

$815,213
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$886,787
Cash to seller
$815,213

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

May 2023

Original loan amount

$900,000

Est. remaining balance

$886,787

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Enmanuel Nolasco and Monica Nolasco

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: 09/19/2024 at 7:50 PM

Listing updated: 09/01/2024 at 1:36 AM

Listed by: Monica Nolasco, CGI Realty Phone #: (561) 507-0107

MLS: Beaches #R10990845

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