tomo logo

$625,000

Beds
4
Baths
2.0
sq ft
1,807

1300 NW 7th Ave, Fort Lauderdale, FL 33311

1300 NW 7th Ave

Fort Lauderdale, FL 33311

  • 125 days on market
    • Price drop $25,000↓
Welcome to your next investment opportunity! This fully furnished 4bed, 2bath home in a desirable neighborhood is perfect for Airbnb or families seeking a ready-to-move-in haven. The open concept living is bright and inviting, and the modern kitchen boasts stainless steel appliances. Each bedroom is tastefully furnished with fully updated bathrooms. The outdoor oasis includes outdoor kitchen/dinning, pool, spa and outdoor shower, perfect for entertaining or relaxing. Conveniently located near local attractions and stores. This home combines comfort and convenience. This turnkey property is ready short or long term rentals or a family to make it their own. With proven Airbnb yearly success. Don’t miss out on this exceptional opportunity!

Details

Property type

Single Family Residence

Est. home value

$591,325

Lot size

4,728 sq ft

Price per sq ft

$346

Year built

1951

Annual property taxes

$4,823

Price History

10/01/2024
Beaches

Beaches #F10452135

Price change
$625,000
-3.85%
08/13/2024
Beaches

Beaches #F10452135

Price change
$650,000
-3.7%
07/20/2024
Beaches

Beaches #F10452135

Listed
$675,000
+206.82%

Schools & Community

Neighborhood: 

South Middle River

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

$410,902
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$164,098
Cash to seller
$410,902

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

Seller’s Loan History

Lender

Np Inc

Loan start date

January 2018

Original loan amount

$190,272

Est. remaining balance

$164,098

Interest rate

3.9%

Loan type

FHA, 30 year

Seller

James Descrescenzo Jr and Rosemry Descrescenzo

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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1224 NE 5th Ave, Fort Lauderdale, FL 33304

Status: Active

Tomo last checked: 11/22/2024 at 3:10 AM

Listing updated: 10/01/2024 at 6:36 PM

Listed by: Nicole Edwardes, Keller Williams Realty Profess Phone #: (954) 630-7020

MLS: Beaches #F10452135

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