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$1,595,000

Beds
3
Baths
2.0
sq ft
1,781

1508 SW 5th Ct, Fort Lauderdale, FL 33312

1508 SW 5th Ct

Fort Lauderdale, FL 33312

  • 55 days on market
Beach, boating and fine dining, you don't want to miss out on this South Florida lifestyle. This home is perfect for your primary residence or a great addition to your investment portfolio. This tri-level home is just under 1800 square feet, 3 bedrooms and 2 full baths. Vaulted ceilings with an abundance of natural light in every room. 95 feet of waterfront, with no fixed bridges. Backyard is artificial turf which requires zero maintenance. Located minutes to the beach, minutes to Las Olas Blvd, and only 10 minutes to Fort Lauderdale Airport. Furniture is negotiable.

Details

Property type

Single Family Residence

Est. home value

$1,444,999

Lot size

8,714 sq ft

Price per sq ft

$896

Year built

1959

Annual property taxes

$10,501

Price History

05/11/2024
Beaches

Beaches #F10439219

Listed
$1,595,000
+6.48%
01/01/2024
Beaches

Beaches #F10388756

Removed
$1,498,000
12/12/2023
Beaches

Beaches #F10388756

Price change
$1,498,000
-0.07%

Schools & Community

Neighborhood: 

Riverside Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$284,270
Asking price
$1,595,000
Closing costs (~8% of asking)
-$127,600
Est. remaining loan balance
-$1,183,130
Cash to seller
$284,270

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

April 2022

Original loan amount

$1,232,500

Est. remaining balance

$1,183,130

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Kyle Jeffery Drewry and Taylor Thetford

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: 07/04/2024 at 11:20 PM

Listing updated: 05/11/2024 at 6:36 PM

Listed by: Sara Durgan, Grandiose Real Estate LLC Phone #: (954) 650-0597

MLS: Beaches #F10439219

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