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$375,000

Beds
2
Baths
2.0
sq ft
1,110

1201 River Reach Dr Unit 202, Fort Lauderdale, FL 33315

1201 River Reach Dr Unit 202

Fort Lauderdale, FL 33315

  • 12 days on market
2 Bedrooms / 2 Bathrooms. This is a must see…On a Private Island with a guard gate over a private bridge entrance. This building and all the buildings on the island have been updated with impact windows and sliding doors, and new balcony railings. 1201 building has had a new roof installed 12/24. 2nd. bath has a jacuzzi tub. The property has 2 tennis courts, 4 Pickell ball courts, 3 heated swimming pools with BBQ areas, a remodeled gym and club house. There are boat docks available for rent at very reasonable prices. Monthly HOA fees are 1,009.94, paid quarterly.

Details

Property type

Condominium

Est. home value

$325,734

Lot size

Unknown

Price per sq ft

$338

Year built

1981

Annual property taxes

$5,328

Monthly HOA fee

$1,010

Price History

03/04/2025
Beaches

Beaches #F10490068

Listed
$375,000
+67.04%
11/29/2021
Beaches

Beaches #F10299181

Sold
$224,500

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$279,876
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$65,124
Cash to seller
$279,876

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

November 2021

Original loan amount

$70,000

Est. remaining balance

$65,124

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Robert Joseph Witek

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: 03/17/2025 at 8:30 AM

Listing updated: 03/10/2025 at 4:20 PM

Listed by: Moe Mossa, Savvy Avenue, LLC Phone #: (888) 490-1268

MLS: Beaches #F10490068

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