tomo logo

$325,000

Beds
1
Baths
1.5
sq ft
900

1301 River Reach Dr Unit 507, Fort Lauderdale, FL 33315

1301 River Reach Dr Unit 507

Fort Lauderdale, FL 33315

  • 25 days on market
Direct riverfront interior corner, top floor - spectacular balcony views. The premier location on the River Reach Island. Amazing views and a daily boat parade along the South Fork. City River views from every window. Floor to ceiling impact windows and sliders. Large covered balcony Interior corner unit, 900sf, 1 bed - 1.5 bath floor plan. Open kitchen. Cozy bedroom suite with great views! Large walk-in closet - Price to sell - Boat dockage is offered to owner residents at about $40 per ft - per year for boats up to 50' OAL (when available) No fixed bridges to the Intracoastal Waterway and the Atlantic via the scenic New River. River Reach is a quiet, gated tropical island community. Amenities : Club room, Fitness center, 3 pools w / BBQ grills , 2 tennis courts - Pickleball

Details

Property type

Condominium

Est. home value

$286,600

Lot size

Unknown

Price per sq ft

$362

Year built

1974

Annual property taxes

$2,829

Monthly HOA fee

$873.67

Price History

01/28/2025
Beaches

Beaches #F10483898

Listed
$325,000
+85.71%
12/27/2019
Beaches

Beaches #F10162669

Sold
$175,000

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

574

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

$157,559
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$141,441
Cash to seller
$157,559

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

Seller’s Loan History

Lender

Advanced Mortgage Planners Inc

Loan start date

December 2019

Original loan amount

$157,500

Est. remaining balance

$141,441

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Ronny M Kasiman

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: 02/22/2025 at 12:40 PM

Listing updated: 02/07/2025 at 12:10 PM

Listed by: Bill McGuire Wall, Charles Rutenberg Realty FTL Phone #: (954) 396-3001

MLS: Beaches #F10483898

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