tomo logo

$276,500

Beds
2
Baths
2.0
sq ft
1,118

1200 Marine Way Unit D1, North Palm Beach, FL 33408

1200 Marine Way Unit D1

North Palm Beach, FL 33408

  • 54 days on market
    • Price drop $2,500↓
This two-bedroom, two-bath condo in the waterfront community of Old Port Cove is perfect for those looking for a relaxed, maintenance-free lifestyle. The unit is conveniently located next to the pool, making it ideal for entertaining or enjoying the South Florida sun. It features a spacious galley kitchen, updated bathrooms, plenty of storage, and tile flooring throughout. For added peace of mind during hurricane season, the condo is equipped with accordion shutters.The community offers a wide range of amenities, including a pool, tennis courts, a sauna, and scenic waterfront views, perfect for exercising or leisurely oceanfront strolls. Other features include community rooms, a library, extra storage, laundry facilities, covered parking, and secure, gated entry.

Details

Property type

Condominium

Est. home value

$314,597

Lot size

Unknown

Price per sq ft

$248

Year built

1971

Annual property taxes

$3,333

Monthly HOA fee

$1,150

Price History

11/02/2024
Beaches

Beaches #R11021105

Price change
$276,500
-0.9%
10/05/2024
Beaches

Beaches #R11021105

Price change
$279,000
-3.46%
09/15/2024
Beaches

Beaches #R11021105

Listed
$289,000
+41.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Tennis Court(s)

Number of units in community: 

1053

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

$86,716
Asking price
$276,500
Closing costs (~8% of asking)
-$22,120
Est. remaining loan balance
-$167,664
Cash to seller
$86,716

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$180,000

Est. remaining balance

$167,664

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Adriana M Pabon

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: 11/08/2024 at 10:15 AM

Listing updated: 11/02/2024 at 5:35 PM

Listed by: Stuart W Mears, Mears Realty Group, LLC Phone #: (561) 386-3022

MLS: Beaches #R11021105

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