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$600,000

Beds
5
Baths
4.0
sq ft
Unknown

1227 Mangrove Ln, Chokoloskee, FL 34138

1227 Mangrove Ln

CHOKOLOSKEE, FL 34138

  • Pending
Only Duplex on Chokoloskee Island!! Elevated concrete block built in 2007!! One unit is 3 bedrooms and 2 bath and other unit is 2 bedroom 2 bath. Large units, 1492sq ft and 1388 sq ft. Plenty of room for a pool. These units have been meticulously maintained. Great rental potential! Rent one side and use the other for yourself, or rent them either annually, seasonally or AirBNB both sides!! Just minutes to boat ramp and off to the famous fishing and sightseeing in the 10,000 islands! Close to the HavAnna Café, Smallwood Store and Marinas. This duplex never got water inside in Hurricane Irma or Hurricane Ian.

Details

Property type

Duplex

Est. home value

$620,142

Lot size

0.41 acres

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$5,587.31

Price History

10/27/2024
NABOR

NABOR #223088994

Pending
$600,000
04/01/2024
NABOR

NABOR #223088994

Price change
$600,000
-6.98%
12/05/2023
NABOR

NABOR #223088994

Listed
$645,000
+4.88%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$68,672
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$483,328
Cash to seller
$68,672

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

Seller’s Loan History

Lender

5Th Street Capital Inc

Loan start date

April 2023

Original loan amount

$492,000

Est. remaining balance

$483,328

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Raymond F Richardson Iv and Raymond Francis Richardson Iii

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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Status: Pending/Under Contract

Tomo last checked: 11/03/2024 at 7:55 AM

Listing updated: 10/27/2024 at 2:00 AM

Listed by: Jennifer Barnett, PA, LPT Realty,LLC Phone #: (877) 366-2213

MLS: NABOR #223088994

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