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$335,000

Beds
1
Baths
1.5
sq ft
832

1600 S Ocean Dr Dr Unit 17D, Hollywood, FL 33019

1600 S Ocean Dr Dr Unit 17D

Hollywood, FL 33019

  • 298 days on market
    • Price drop $10,000↓
Don't miss this opportunity to own one of the best condos in the building, updated & with the best views!!. Beautifully remodeled one-bedroom, one-and-a-half-bath condo with incredible unobstructed water views of the Intracoastal!! It is beautifully decorated with West Elm, C&B, and City Furniture furniture. Ready to move in or lease immediately if you want a great investment opportunity: porcelain floors throughout, updated bathrooms, and an updated kitchen with stainless steel appliances. Includes a storage space and one assigned parking spot! Enjoy the beach across the street, Hollywood boardwalk, restaurants, coffee shops, supermarkets, etc. Relax in the peacefulness of your balcony on the 17th floor, security 24 hours. Ok to lease.

Details

Property type

Condominium

Est. home value

$349,419

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$403

Year built

1971

Annual property taxes

$7,216

Monthly HOA fee

$768

Price History

10/11/2024
SEF

SEF #A11523906

Removed
$335,000
09/30/2024
SEF

SEF #A11523906

Listed
$335,000
07/30/2024
SEF

SEF #A11523906

Listed
$335,000

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Hollywood Centl

Middle school: 

Olsen

High school: 

South Broward

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

$76,890
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$231,310
Cash to seller
$76,890

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

Seller’s Loan History

Lender

Point Mortgage Corp

Loan start date

October 2022

Original loan amount

$238,000

Est. remaining balance

$231,310

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Piero Antonio Zirena Mino and Johnny Contreras

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 11:55 PM

Listing updated: 10/14/2024 at 3:31 PM

Listed by: Laurelie Lecussan, One Sotheby's International Realty Phone #: (305) 779-2430

MLS: SEF #A11523906

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