tomo logo

$2,820,000

Beds
4
Baths
3.5
sq ft
3,534

1501 SW 4th Ave, Boca Raton, FL 33432

1501 SW 4th Ave

Boca Raton, FL 33432

  • 148 days on market
    • Price drop $40,000↓
Prepare to explore this exceptional ocean access point lot, featuring over 180 feet of waterfrontage and tropical backyard with pool. Situated in a quiet cul-de-sac in East Boca Raton, this property is just minutes from downtown and its renowned beaches. The residence includes four bedrooms and three and a half bathrooms, with two master suites--one on each floor. Delight in stunning water views throughout, complemented by a newly updated kitchen equipped with premium Thermador appliances. Recent upgrades include a private Trex dock for a 40-foot boat, a climate-controlled pool, two dishwashers, two water heaters, three AC units (installed in 2020), pool resurfaced (2021), a sprinkler system, and an outdoor kitchen.

Details

Property type

Single Family Residence

Est. home value

$2,673,213

Lot size

0.3 acres

Price per sq ft

$798

Year built

1980

Annual property taxes

$29,181

Monthly HOA fee

$44

Price History

09/25/2024
Beaches

Beaches #R11007758

Price change
$2,820,000
-1.4%
07/28/2024
Beaches

Beaches #R11007663

Removed
$2,860,000
07/28/2024
Beaches

Beaches #R11007758

Listed
$2,860,000

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

$1,496,447
Asking price
$2,820,000
Closing costs (~8% of asking)
-$225,600
Est. remaining loan balance
-$1,097,953
Cash to seller
$1,496,447

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

March 2021

Original loan amount

$1,200,000

Est. remaining balance

$1,097,953

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Daniel Neuman and Katherine Roule

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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Status: Active

Tomo last checked: 12/23/2024 at 9:00 AM

Listing updated: 12/11/2024 at 7:21 AM

Listed by: Christopher Bohn, The Keyes Company Phone #: (561) 750-1000

MLS: Beaches #R11007758

Beaches logo

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