tomo logo

$499,000

Beds
2
Baths
2.0
sq ft
1,330

1501 S OCEAN DR Dr Unit 1502, Hollywood, FL 33019

1501 S OCEAN DR Dr Unit 1502

Hollywood, FL 33019

  • 70 days on market
    • Price drop $16,000↓
Beautiful, fully furnished/turnkey unit! Just bring your clothes and toothbrush and you are ready to enjoy the beach and surrounding area. Large 2 bed/2 bath unit on a high floor overlooking the beach, Intracoastal, and City. Recently renovated bathrooms, large bedrooms with large closets. AC, electrical panel, and kitchen cabinets all recently upgraded including SS appliances and granite countertops. Full-size washer and dryer inside unit. Impact windows/doors. Maintenance includes cable, internet, water, assigned parking, 24/7 surveillance. Amenities: community room with billiard and ping pong table, BBQ area, sauna, and pool. East of A1A just steps from the beach, the famous Hollywood Broadwalk with restaurants and shops, close to FLL Airport. Rent immediately-great for Investors.

Details

Property type

Condominium

Est. home value

$642,912

Lot size

Unknown

Price per sq ft

$376

Year built

1970

Annual property taxes

$8,402

Monthly HOA fee

$918.33

Price History

08/06/2024
SEF

SEF #A11623567

Price change
$499,000
-3.11%
07/12/2024
SEF

SEF #A11623567

Listed
$515,000
-13.45%
04/24/2024
Beaches

Beaches #F10394732

Removed
$595,000

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

93

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

$329,449
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$129,631
Cash to seller
$329,449

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2021

Original loan amount

$141,200

Est. remaining balance

$129,631

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Bruce M Garry and Elise Garry

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: 09/20/2024 at 6:35 AM

Listing updated: 08/29/2024 at 2:41 PM

Listed by: Aaron Zuber, Keller Williams Realty SW Phone #: (954) 237-0400

MLS: SEF #A11623567

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