tomo logo

$995,000

Beds
1
Baths
1.5
sq ft
1,066

1225 S Ocean Blvd Unit 303, Delray Beach, FL 33483

1225 S Ocean Blvd Unit 303

Delray Beach, FL 33483

  • 17 days on market
Stunning panoramic views from this oceanfront gem on the glistening coastline of Delray Beach. Enjoy breathtaking sunrises from the spacious ocean-facing balcony. This 1-bedroom, 1.5-bath condo boasts chic sophistication and style, designed by a renowned architect. This boutique seaside building was recently completely updated. Ready to move in and conveniently located near Delray Beach's famed Atlantic Avenue with delicious dining and boutique shopping. This is a must-see!

Details

Property type

Condominium

Est. home value

$909,620

Lot size

Unknown

Price per sq ft

$934

Year built

1967

Annual property taxes

$12,612

Monthly HOA fee

$1,086

Price History

06/19/2024
Beaches

Beaches #R10997604

Listed
$995,000
+17.06%
02/12/2024
Beaches

Beaches #R10944755

Sold
$850,000
-8.11%
01/14/2024
Beaches

Beaches #R10944755

Pending
$925,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Senior community center: 

Yes

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

$634,950
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$280,450
Cash to seller
$634,950

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$300,000

Est. remaining balance

$280,450

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Jeffrey G Sluman and Linda A Skoog Sluman

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?

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1000 Lowry St Unit 5E, Delray Beach, FL 33483

Status: Active

Tomo last checked: 07/06/2024 at 2:25 AM

Listing updated: 06/21/2024 at 3:13 AM

Listed by: Susan Risdon, Coldwell Banker Realty /Delray Beach Phone #: (561) 278-0300

MLS: Beaches #R10997604

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