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$832,771Estimated home value

Beds
2
Baths
2.0
sq ft
1,277

12 SE 1st Ave Unit 304, Delray Beach, FL 33444

12 SE 1st Ave Unit 304

Delray Beach, FL 33444

  • Off market
Introducing a rare opportunity to own a condo in the impeccable Royal Atlantic Bldg located in the heart of Delray Beach. This 2 bedroom 2 bathroom penthouse unit comes fully furnished and offers impact windows and doors, soaring clealings, frameless shower doors, walk in closet, your own personal upper roof deck, a walk in laundry room with your own private washer/dryer, and a private garage. Enjoy the downtown feel in this sociable city where you are walking distance to the beach, nightlife, restaurants, galleries and boutiques. Unit is currently rented through September 30, 2024.

Details

Property type

Condominium

Est. home value

$832,771

Lot size

Unknown

Price per sq ft

$862

Year built

2007

Annual property taxes

$10,524

Monthly HOA fee

$810

Price History

07/05/2024
Beaches

Beaches #R10937552

Removed
$1,100,000
11/20/2023
Beaches

Beaches #R10937552

Listed
$1,100,000
+96.43%
01/22/2021
Beaches

Beaches #R10661379

Sold
$560,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Atlantic Technical

Community features: 

Street Lights

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

$563,041
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$448,959
Cash to seller
$563,041

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

October 2022

Original loan amount

$458,500

Est. remaining balance

$448,959

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Tracy Lynn Murphy

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: Off Market

Tomo last checked: 07/06/2024 at 3:25 AM

Listing updated: 04/30/2024 at 4:46 PM

Listed by: SUSAN Demerer, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R10937552

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