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$3,299,000

Beds
7
Baths
5.0
sq ft
5,758

12851 Luray Rd, Southwest Ranches, FL 33330

12851 Luray Rd

Southwest Ranches, FL 33330

  • 87 days on market
    • Price drop $51,000↓
PRICED TO SELL!!  BELOW RECENT APPRAISAL REPORT!!! Residential retreat in equestrian-friendly Sunshine Ranches neighborhood, featuring 2 separate structures, nestled on a fully fenced & gated 2.2 acres. Main house (5 bed/3.5 bath) boasts 3000+ living square feet, overflowing with natural light, volume ceilings, granite countertops, stainless steel appliances, 2-car garage and expansive driveway with ample parking. Detached structure (2 bed/1.5 bath guest house) features 1300+ square feet, storage room, laundry room, a 3-person jacuzzi hot tub, and more. Ideal for large families who desire privacy, or income potential. Near great schools, i-75, and the FL Turnpike.

Details

Property type

Single Family Residence

Est. home value

$1,906,042

Lot size

2.2 acres

Price per sq ft

$573

Year built

2004

Annual property taxes

$24,905

Price History

02/05/2025
SEF

SEF #A11705098

Price change
$3,299,000
-1.52%
12/06/2024
SEF

SEF #A11705098

Listed
$3,350,000
-2.9%
07/19/2024
SEF

SEF #A11588605

Removed
$3,450,000

Schools & Community

Elementary school: 

Hawkes Bluff

Middle school: 

Silver Trail

High school: 

West Broward

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

$1,923,486
Asking price
$3,299,000
Closing costs (~8% of asking)
-$263,920
Est. remaining loan balance
-$1,111,594
Cash to seller
$1,923,486

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

October 2021

Original loan amount

$1,200,000

Est. remaining balance

$1,111,594

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Mailin Martinez and Julio Martinez

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: Active

Tomo last checked: 03/04/2025 at 11:35 AM

Listing updated: 02/28/2025 at 10:05 PM

Listed by: Roselin Sotero, One Sotheby's International Realty Phone #: (305) 666-0562

MLS: SEF #A11705098

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