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$415,000

Beds
2
Baths
2.0
sq ft
1,250

1201 River Reach Dr Unit 218, Fort Lauderdale, FL 33315

1201 River Reach Dr Unit 218

Fort Lauderdale, FL 33315

  • 3 days on market
A must see updated unit situated in this beautiful island community at the center of Fort Lauderdale. The community is protected by a guard gate to get onto your private bridge entrance. The building has has been overhauled with impact windows, fresh modern paint as well as remodeled balconies. The unit has been beautifully renewed with both bathrooms having been remodeled, a modern kitchen with the island easily seating four, a brand new fridge, updated blinds and new closet doors. The master bedroom feels spacious and open with en-suite bathroom and walk-in closet with build in shelving.

Details

Property type

Condominium

Est. home value

$342,627

Lot size

Unknown

Price per sq ft

$332

Year built

1981

Annual property taxes

$5,060

Monthly HOA fee

$1,137.33

Price History

12/19/2024
Beaches

Beaches #F10476997

Listed
$415,000
+112.82%
03/05/2021
Beaches

Beaches #F10248526

Sold
$195,000

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Croissant Park

Middle school: 

New River

High school: 

Stranahan

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

$239,227
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$142,573
Cash to seller
$239,227

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

Seller’s Loan History

Lender

Capital Partners Mortgage Llc

Loan start date

February 2021

Original loan amount

$156,000

Est. remaining balance

$142,573

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Jean Pierre Leal Garcia and Maria Eugenia Garcia

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: 12/22/2024 at 5:50 AM

Listing updated: 12/22/2024 at 4:35 AM

Listed by: Katie McCann, The Keyes Company Phone #: (954) 467-0105

MLS: Beaches #F10476997

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