tomo logo

$392,500

Beds
2
Baths
2.0
sq ft
1,250

1201 River Reach Dr Unit 206, Fort Lauderdale, FL 33315

1201 River Reach Dr Unit 206

Fort Lauderdale, FL 33315

  • 70 days on market
    • Price drop $7,500↓
Welcome to your slice of paradise in East Ft. Lauderdale! Situated on an island, this residence offers the quintessential Florida lifestyle. This 2 bedroom 2 bath condo has both partial water and lush garden views. Step inside to discover a spacious, open-concept layout which seamlessly connects the living, dining and kitchen areas, creating an ideal space for entertaining guests. The condo features, stainless steal appliances, corian counters, tile floors, fresh paint, new impact windows and doors and plantations shutters. This condo is not just a home, it's a lifestyle. Enjoy access to a wealth of amenities including, pickleball, tennis, pools, BBQ, gym, clubhouse, boat facilities and much more. Conveniently located next to highways, pristine beaches, shopping and nightlife.

Details

Property type

Condominium

Est. home value

$378,007

Lot size

Unknown

Price per sq ft

$314

Year built

1981

Annual property taxes

$3,594

Monthly HOA fee

$771

Price History

05/24/2024
SEF

SEF #A11575252

Price change
$392,500
-1.88%
04/24/2024
SEF

SEF #A11575252

Listed
$400,000
+45.45%
12/15/2016
Beaches

Beaches #F10004722

Sold
$275,000
+13.4%

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Croissant Park

Middle school: 

New River

High school: 

Stranahan

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

$214,514
Asking price
$392,500
Closing costs (~8% of asking)
-$31,400
Est. remaining loan balance
-$146,586
Cash to seller
$214,514

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

December 2016

Original loan amount

$175,000

Est. remaining balance

$146,586

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Carool Matthews and Denby Matthews

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: 07/03/2024 at 12:10 PM

Listing updated: 06/02/2024 at 3:04 PM

Listed by: Linda Goldberg, Global Luxury Realty LLC Phone #: (305) 968-9442

MLS: SEF #A11575252

SEF logo

Recently listed in Fort Lauderdale

$2,195,000|3 bd|3.0 ba|House

Explore top cities in Florida