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$579,000

Beds
2
Baths
2.0
sq ft
1,250

1301 River Reach Dr Unit 118, Fort Lauderdale, FL 33315

1301 River Reach Dr Unit 118

Fort Lauderdale, FL 33315

  • 50 days on market
    • Price drop $18,000↓
COMPLETELY RENOVATED. Direct Pool & New River Views. Open Chef’s Kitchen/Entertaining Space with Quartz Counters, Stainless Appliances and Luxury Vinyl Flooring throughout. Queen Murphy Bed/Office System in 2nd Bedroom. Oversized Master Bedroom, On-Suite Bathroom and Separate Large Walk-In Closet System. Large Patio. 3 heated pools, Fitness Center currently under renovation, bike racks, 2 tennis courts, 2 pickleball courts, paddle board/kayak storage w/ launch ramp, Bbq areas, 2 car wash areas and more. Dockage available up to 50 ft. $38 per linear foot per year. No fixed bridges. Gated waterfront community on the New River. 24-hour manned gate. Centrally located in the heart of Fort Lauderdale. Minutes to downtown and Las Olas, Port Everglades, airport, and major expressways.

Details

Property type

Condominium

Est. home value

$380,024

Lot size

Unknown

Price per sq ft

$464

Year built

1974

Annual property taxes

$3,712

Monthly HOA fee

$1,046

Price History

06/28/2024
Beaches

Beaches #F10439358

Price change
$579,000
-3.02%
05/30/2024
Beaches

Beaches #F10439358

Price change
$597,000
-4.46%
05/23/2024
Beaches

Beaches #F10439358

Price change
$624,900
-3.86%

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$343,139
Asking price
$579,000
Closing costs (~8% of asking)
-$46,320
Est. remaining loan balance
-$189,541
Cash to seller
$343,139

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

September 2018

Original loan amount

$211,050

Est. remaining balance

$189,541

Interest rate

4.6%

Loan type

New Conventional, 30 year

Seller

Richard Pickerel and Stefan Pickerel

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: Active

Tomo last checked: 07/03/2024 at 11:10 AM

Listing updated: 06/28/2024 at 8:38 AM

Listed by: Richard Pickerel, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: Beaches #F10439358

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