tomo logo

$465,000

Beds
2
Baths
2.0
sq ft
1,250

1301 River Reach Dr Unit 515, Fort Lauderdale, FL 33315

1301 River Reach Dr Unit 515

Fort Lauderdale, FL 33315

  • 25 days on market
Make this Hidden Gem Island Community Your Home Today! This spacious top floor unit has lovely East City Skyline views across to North and South canal views of boats. Open plan living-dining area has neutral tile floors and kitchen features light cabinetry with granite counters. Large Master bedroom has walk-in closet and en suite bathroom. Guest bedroom has sliding door to balcony views. Hurricane impact windows and concrete restoration completed as part of Major Maintenance project . River Reach amenities include: gym, 3 swimming pools, 2 tennis courts, libraries, pickleball and community center. Maint fee includes cable, Wifi, water, sewer, garbage, pest control service. Dockage available up to 50ft vessel may have to be put on waiting list. Can Rent immediately. Boat included with sale

Details

Property type

Condominium

Est. home value

$387,045

Lot size

Unknown

Price per sq ft

$372

Year built

1974

Annual property taxes

$5,851

Monthly HOA fee

$1,045

Price History

10/21/2024
Beaches

Beaches #F10467464

Listed
$465,000
+22.4%
08/02/2022
Beaches

Beaches #F10336271

Sold
$379,900
+74.67%
05/31/2019
Beaches

Beaches #F10146883

Sold
$217,500

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Croissant Park

Middle school: 

New River

High school: 

Stranahan

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

$330,786
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$97,014
Cash to seller
$330,786

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2022

Original loan amount

$100,000

Est. remaining balance

$97,014

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Elisa Lila Valderrama and Antolin Fuentes Camejo

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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Price drop
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1101 River Reach Dr Unit 205, Fort Lauderdale, FL 33315

Status: Active

Tomo last checked: 11/15/2024 at 12:45 PM

Listing updated: 10/31/2024 at 9:05 AM

Listed by: John Burgos, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10467464

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