tomo logo

$465,000

Beds
2
Baths
2.0
sq ft
1,250

1350 River Reach Dr Unit 402, Fort Lauderdale, FL 33315

1350 River Reach Dr Unit 402

Fort Lauderdale, FL 33315

  • 68 days on market
Above the trees with miles of eastern and southeastern skyline. Spacious, 4th floor, 1250SF, 2 bed/2 bath unit with peaceful water views. From your near private balcony, watch the sun and moon rise from the east. This balcony becomes part of your life! Creatively remodeled kitchen with tons of storage, SS appliances and spectacular lighting. Wood grain ceramic tile floors in the entertainment areas. River Reach is a quiet, gated tropical island community in east Fort Lauderdale. Amenities include a gym, 3 pools & 2 tennis courts. Bike and kayak storage. Boat dockage is offered to owner residents at $40.00/ft/yr, as available, to 50' OAL. 2 pets up to 20 Lbs. each permitted. Rent immediately. Minutes from beaches, shopping, entertainment, restaurants & Ft Lauderdale airport.

Details

Property type

Condominium

Est. home value

$374,834

Lot size

Unknown

Price per sq ft

$372

Year built

1972

Annual property taxes

$2,433

Monthly HOA fee

$1,021

Price History

10/15/2024
Beaches

Beaches #F10466967

Listed
$465,000
+125.73%
07/09/2018
Beaches

Beaches #F10108840

Sold
$206,000

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

$261,099
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$166,701
Cash to seller
$261,099

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

January 2021

Original loan amount

$214,900

Est. remaining balance

$166,701

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

James Zardeskas and Celeste Zardeskas

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: 12/22/2024 at 3:25 PM

Listing updated: 12/10/2024 at 12:56 PM

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

MLS: Beaches #F10466967

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