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$260,000

Beds
2
Baths
2.0
sq ft
930

1400 NE 55th St Unit 204, Fort Lauderdale, FL 33334

1400 NE 55th St Unit 204

Fort Lauderdale, FL 33334

  • 69 days on market
    • Price drop $5,000↓
Stunningly remodeled canal-front condo 2 bedrooms and 2 bathroom ready to move in! Located in the peaceful Cypress Anchorage community, this beautifully upgraded unit offers serene water views and is just minutes from the beach. The building provides boat and jet ski docking for owners, a shared laundry room, and a pool and BBQ area overlooking the canal. Inside, the primary bedroom includes an en-suite bathroom, while the second bedroom has a private entrance for added convenience. Enjoy a enclosed Florida room/balcony with impact windows that can be opened to allow fresh canal breezes. Rentals are permitted after one year of ownership. Sale subject to court approval due to probate.

Details

Property type

Condominium

Est. home value

$249,098

Lot size

Unknown

Price per sq ft

$280

Year built

1971

Annual property taxes

$3,865

Monthly HOA fee

$400

Price History

01/03/2025
SEF

SEF #A11692919

Price change
$260,000
-1.89%
11/14/2024
SEF

SEF #A11692919

Listed
$265,000
+6%
03/03/2023
SEF

SEF #A11322692

Sold
$250,000
+92.31%

Schools & Community

Neighborhood: 

Coral Ridge Isles

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

$68,003
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$171,197
Cash to seller
$68,003

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

Seller’s Loan History

Lender

Kalbadvisors Mortgage Solutions Llc

Loan start date

March 2023

Original loan amount

$175,000

Est. remaining balance

$171,197

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Luis Antonio Velasquez

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: 01/22/2025 at 12:10 PM

Listing updated: 01/03/2025 at 9:00 AM

Listed by: Maria Fernandez, Keller Williams Realty International Lifestyles Phone #: (786) 615-6761

MLS: SEF #A11692919

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