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$1,201,809Estimated home value

Beds
3
Baths
2.0
sq ft
1,742

1400 NE 62nd St, Fort Lauderdale, FL 33334

1400 NE 62nd St

Fort Lauderdale, FL 33334

  • Off market
    • Price drop $80,001↓
Investors Welcome and experience MCM Elegance in this Updated Luxurious 3 BR/2 BA Waterfront Home located in highly sought-after Coral Ridge Isles. Perfect for an ABNB. This Boater’s Paradise has endless upgrades: Fully Renovated w/2023 Impact Windows & Doors, Porcelain Floors, Chefs Dream Kitchen & Butlers Pantry w/ Dog Wash. Built-in 144 Bottle Wine Cooler, Walk-in Pantry, Updated Baths. Driveway large enough for R.V./boat Parking. Entertainers Kitchen w/ Waterfall Island, SS Appliances, Marble Backsplash w/Pot Filler, & spacious Family Room. Step outside to enter a private tropical oasis, w/Dense Landscaping, Pavilion for entertaining, or outdoor office. Dock, Boat Lift & Jet Ski Lift, LED Lighting, Pool. Perfect for lounging, or gatherings. 10 min to the Beach!

Details

Property type

Single Family Residence

Est. home value

$1,201,809

Lot size

0.27 acres

Price per sq ft

$575

Year built

1970

Annual property taxes

$11,867

Price History

07/03/2024
Beaches

Beaches #F10404085

Removed
$999,999
06/01/2024
Beaches

Beaches #F10404085

Listed
$999,999
06/01/2024
Beaches

Beaches #F10404085

Removed
$999,999

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

$420,573
Asking price
$999,999
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$499,426
Cash to seller
$420,573

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

Seller’s Loan History

Lender

Planet Home Lending Llc

Loan start date

May 2021

Original loan amount

$535,500

Est. remaining balance

$499,426

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Debra Jo Meyer and Keith A Meyer

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: Off Market

Tomo last checked: 07/04/2024 at 10:45 PM

Listing updated: 06/01/2024 at 11:43 AM

Listed by: Debra Meyer, Galleria International Realty Phone #: (954) 229-2222

MLS: Beaches #F10404085

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