tomo logo

$600,000

Beds
2
Baths
2.0
sq ft
1,175

1551 N Flagler Dr Unit 517, West Palm Beach, FL 33401

1551 N Flagler Dr Unit 517

West Palm Beach, FL 33401

  • 20 days on market
Stunning water view condo offering both luxury and an unbeatable location in the heart of West Palm Beach. Positioned close to the up-and-coming Nora District and the nation's top-rated GreenMarket, this unit places you at the center of vibrant dining, shopping, and cultural experiences. Boasting one of the best views in the building, condo has no neighboring balconies obstructing your water views. Updated with new flooring, custom-designed closets, and fresh paint throughout. Unit is ideally situated; offering convenience and easy access to your reserved parking spot. Building amenities include two pools for both sunrise and sunset views, fully equipped gym, valet service, and lobby staff. Live in comfort and style, with easy access to everything West Palm Beach has to offer.

Details

Property type

Condominium

Est. home value

$566,666

Lot size

Unknown

Price per sq ft

$511

Year built

2005

Annual property taxes

$8,403

Monthly HOA fee

$1,296

Price History

11/02/2024
Beaches

Beaches #R11033587

Listed
$600,000
+122.22%
03/19/2021
Beaches

Beaches #F10263715

Sold
$270,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Street Lights

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

$267,111
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$284,889
Cash to seller
$267,111

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

May 2023

Original loan amount

$290,000

Est. remaining balance

$284,889

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Bryna Rogers and Timothy Schenck

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: 11/22/2024 at 10:30 AM

Listing updated: 11/13/2024 at 8:55 AM

Listed by: Cynthia Mondeaux, The Corcoran Group Phone #: (561) 421-3500

MLS: Beaches #R11033587

Beaches logo

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