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$995,000

Beds
2
Baths
2.0
sq ft
1,264

1578 S Ocean Ln Unit 114, Fort Lauderdale, FL 33316

1578 S Ocean Ln Unit 114

Fort Lauderdale, FL 33316

  • 15 days on market
Live in the heart of the city with the Key West feel. Bright first floor condo surrounded by large windows overlooking the lush tropical landscape. Live right on the ocean with direct ocean access and private beach in the heart of Fort Lauderdale. Steps away from all the cruise ships, beaches and Fort Lauderdale Hollywood Airport.

Details

Property type

Condominium

Est. home value

$946,335

Lot size

Unknown

Price per sq ft

$788

Year built

1973

Annual property taxes

$11,670

Monthly HOA fee

$1,108.33

Price History

06/21/2024
SEF

SEF #A11610866

Listed
$995,000
+63.11%
10/21/2020
Beaches

Beaches #F10245788

Sold
$610,000

Schools & Community

Neighborhood: 

Harbor Beach

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

$566,016
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$349,384
Cash to seller
$566,016

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2020

Original loan amount

$380,000

Est. remaining balance

$349,384

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Juan M Gomez and Liliana M Gonzalez

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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1578 S Ocean Ln Unit 115, Fort Lauderdale, FL 33316

Status: Active

Tomo last checked: 07/05/2024 at 11:15 PM

Listing updated: 07/02/2024 at 10:15 AM

Listed by: Rozita Rafat PA, Keller Williams Legacy Phone #: (954) 358-6000

MLS: SEF #A11610866

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