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$197,000

Beds
2
Baths
2.0
sq ft
996

1500 Presidential Way Unit 202, West Palm Beach, FL 33401

1500 Presidential Way Unit 202

West Palm Beach, FL 33401

  • 134 days on market
    • Price drop $1,000↓
Purchase this condo with only 3.5% Down Payment-FHA approved Condo.(Building passed the 50 year recertification) This charming 2-bedroom condo, nestled on the second floor, offers a perfect blend of comfort and convenience. As you step inside, you're greeted by the timeless elegance of ceramic tiles that flow seamlessly throughout the space, providing both durability and style.With its prime location near downtown West Palm Beach, this condo provides easy access to vibrant city life, including shopping, dining, and entertainment options. Whether you're strolling along the waterfront, exploring cultural attractions, or simply enjoying the sunshine, you'll find endless opportunities to embrace the Florida lifestyle.Don't miss out on the chance to call this beautiful condo your own.

Details

Property type

Condominium

Est. home value

$189,140

Lot size

Unknown

Price per sq ft

$198

Year built

1972

Annual property taxes

$2,538

Monthly HOA fee

$815

Price History

08/14/2024
Beaches

Beaches #R10986328

Price change
$197,000
-0.51%
07/31/2024
Beaches

Beaches #R10986328

Price change
$198,000
-0.5%
06/10/2024
Beaches

Beaches #R10986328

Price change
$199,000
-4.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$48,566
Asking price
$197,000
Closing costs (~8% of asking)
-$15,760
Est. remaining loan balance
-$132,674
Cash to seller
$48,566

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

Seller’s Loan History

Lender

Quontic Bank Fsb

Loan start date

March 2023

Original loan amount

$135,000

Est. remaining balance

$132,674

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Todd Alan Thomas

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: 09/21/2024 at 1:45 AM

Listing updated: 09/02/2024 at 2:12 AM

Listed by: Loodmy Jacques, KW Reserve Palm Beach Phone #: (561) 966-4000

MLS: Beaches #R10986328

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