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$249,000

Beds
2
Baths
2.0
sq ft
996

1500 Presidential Way Unit 505, West Palm Beach, FL 33401

1500 Presidential Way Unit 505

West Palm Beach, FL 33401

  • 41 days on market
    • Price drop $6,000↓
Tucked away in a quiet friendly sort after West Palm Beach neighborhood, Gorgeous 2-bedroom 2 bathroom beautifully renovated condo with an amazing view is being offered FULLY FURNISHED. Open floorplan welcomes natural sunlight into every room. Kitchen boasts ample storage Crisp white cabinetry, Granite countertops and Stainless-Steel Appliances!!! Coastal style title flooring throughout looks like wood plank, Pet friendly. Laundry facilities conveniently located on each floor. A/c unit 2 yrs. old. Enjoy the tranquil views, Florida life the Balcony. Walking distance to West Palm Beach Outlets with bars, restaurants & shopping, worship, Nearby downtown, beach, Cityplace, Clematis Street. Easy access to major highways, airport. Don't miss your opportunity to secure this home for yourself.

Details

Property type

Condominium

Est. home value

$200,070

Lot size

Unknown

Price per sq ft

$250

Year built

1972

Annual property taxes

$3,335

Monthly HOA fee

$814

Price History

10/30/2024
SEF

SEF #A11664433

Price change
$249,000
-2.35%
10/02/2024
SEF

SEF #A11664433

Removed
$255,000
09/30/2024
SEF

SEF #A11664433

Listed
$255,000

Schools & Community

Elementary school: 

Roosevelt

Middle school: 

Roosevelt

High school: 

Palm Beach Lakes

Number of units in community: 

48

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

$47,598
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$181,482
Cash to seller
$47,598

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

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

December 2022

Original loan amount

$185,250

Est. remaining balance

$181,482

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Roger Denis and Margarett Denis

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: 11/08/2024 at 1:50 PM

Listing updated: 10/29/2024 at 8:50 PM

Listed by: Maryann Shlimbaum, Shlimbaum Realty LLC Phone #: (954) 703-9360

MLS: SEF #A11664433

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