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$1,266,953Estimated home value

Beds
3
Baths
2.5
sq ft
2,160

1228 Hillsboro Mile Unit 101, Hillsboro Beach, FL 33062

1228 Hillsboro Mile Unit 101

Hillsboro Beach, FL 33062

  • Sold On 11/2/2024
    • Price drop $86,000↓
WOW…Includes 50 x 20 foot boat slip! The breathtaking views of the serene waterfalls and meandering lagoons from your 30 foot long balcony add to the wonderful ambiance of this 1st floor unit in Mediterranea on Hillsboro Beach. Se facing with 3 bedrooms and 2.5 baths (one being used as a den with murphy bed),2 large balconies, impact glass, 2020 A/C with 2-speed system, 80-gallon hot water heater, 2 side by side garage parking spaces and best of all a deeded 50x20-ft boat slip which currently has a 16,000# boat lift! Deeded beach access across the street! 2 storage units with AC, 1 approx 9x8 in garage and 1 approx 7x6 at boat slip. Assoc has recently spent in excess of 1 million $, all paid for with no pending assessments. Condo & dock must convey together

Details

Property type

Condominium

Est. home value

$1,266,953

Lot size

Unknown

Price per sq ft

$556

Year built

1999

Annual property taxes

$11,050

Monthly HOA fee

$1,973

Price History

10/29/2024
Beaches

Beaches #F10425148

Sold
$950,000
-20.77%
10/13/2024
Beaches

Beaches #F10425148

Pending
$1,199,000
09/12/2024
Beaches

Beaches #F10425148

Price change
$1,199,000
-6.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

30

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ubs Bank Usa

Loan start date

May 2023

Original loan amount

$650,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

New Conventional, 30 year

Seller

Daniel Mercadante

Lender

Westmount Financial Limited Partnership

Loan start date

March 2023

Original loan amount

$1,317,391

Est. remaining balance

$287,875

Interest rate

6.12%

Loan type

New Conventional, 2 year

Seller

Oaniel Mercadante

Lender

Westmount Financial Limited Partnership

Loan start date

March 2023

Original loan amount

$1,316,881

Est. remaining balance

$287,763

Interest rate

6.12%

Loan type

New Conventional, 2 year

Seller

Daniel Mercadante

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: Off Market

Tomo last checked: 11/09/2024 at 3:20 AM

Listing updated: 11/03/2024 at 12:44 AM

Listed by: John Putzig, RE/MAX First Phone #: (954) 368-8688

MLS: Beaches #F10425148

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