tomo logo

$469,000

Beds
2
Baths
2.0
sq ft
1,500

1201 River Reach Dr Unit 404, Fort Lauderdale, FL 33315

1201 River Reach Dr Unit 404

Fort Lauderdale, FL 33315

  • 3 days on market
Welcome to the exclusive, gated island community of River Reach, just minutes from downtown Fort Lauderdale. This beautifully appointed 1,500 sq. ft. Astor model boasts a well-designed layout with split bedrooms and neutral tile flooring throughout. The remodeled kitchen features custom cabinetry, an extended pantry, stainless steel appliances, granite countertops, and recessed lighting. This east-facing corner unit offers an expansive balcony with stunning views of the deep-water canal, providing ocean access with no fixed bridges to the intercoastal, as well as the community pool. Additional features include garage parking, 2 tennis/pickleball courts, 3 heated pools, 2 BBQ grills, brand NEW gym, brand NEW roof*40 Year Inspection completed * Entire building is renovated

Details

Property type

Condominium

Est. home value

$431,256

Lot size

Unknown

Price per sq ft

$313

Year built

1981

Annual property taxes

$5,923

Monthly HOA fee

$1,110

Price History

11/14/2024
Beaches

Beaches #R11037199

Listed
$469,000
+60.34%
02/12/2020
Beaches

Beaches #F10203542

Sold
$292,500

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Tennis Court(s)

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

$170,884
Asking price
$469,000
Closing costs (~8% of asking)
-$37,520
Est. remaining loan balance
-$260,596
Cash to seller
$170,884

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 Services Llc

Loan start date

March 2023

Original loan amount

$266,000

Est. remaining balance

$260,596

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Giancarlo Daneri

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: 11/17/2024 at 3:30 PM

Listing updated: 11/16/2024 at 5:25 PM

Listed by: David Lin, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: Beaches #R11037199

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