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$1,125,000

Beds
3
Baths
2.0
sq ft
1,422

1425 SW 8th Ct, Fort Lauderdale, FL 33312

1425 SW 8th Ct

Fort Lauderdale, FL 33312

  • 8 days on market
Unique Spanish Villa & Charming Cottage, Nestled in the Heart of Riverside Park. Old Florida charm meets modern elegance in this meticulously maintained residence featuring original dade-pine wood flooring, a cozy fireplace, impact windows, two breezy porches and an outdoor shower. Situated on a breathtaking, private tree-covered lot with plenty of room for relaxation & entertaining. Perfect as a vacation rental or live in one home and rent the other, this income-producing property offers versatility & financial flexibility. Enjoy proximity to the Riverside Park & Market, quaint coffee shops, and Cooley's Landing for boat and kayak launching. Cross over the Snow-Reed Swing Bridge, one of the few remaining swing bridges in Florida. Just minutes from beaches, major highways, and the airport.

Details

Property type

Single Family Residence

Est. home value

$811,214

Lot size

0.23 acres

Price per sq ft

$792

Year built

1926

Annual property taxes

$9,260

Price History

06/25/2024
Beaches

Beaches #F10444920

Listed
$1,125,000
+118.45%
06/01/2020
Beaches

Beaches #F10214236

Sold
$515,000

Schools & Community

Neighborhood: 

Riverside Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Tennis Court(s)

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

$586,411
Asking price
$1,125,000
Closing costs (~8% of asking)
-$90,000
Est. remaining loan balance
-$448,589
Cash to seller
$586,411

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

Seller’s Loan History

Lender

Family First Funding Llc

Loan start date

June 2020

Original loan amount

$489,250

Est. remaining balance

$448,589

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

David A Goldberg and Sarah Vani Goldberg

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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House

1709 SW 5th Pl, Fort Lauderdale, FL 33312

Status: Active

Tomo last checked: 07/03/2024 at 1:25 PM

Listing updated: 06/28/2024 at 2:28 PM

Listed by: Kelly Ann Huguet, Better Homes & Gdns RE Fla 1st Phone #: (954) 525-2200

MLS: Beaches #F10444920

Beaches logo

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