tomo logo

$1,250,000

Beds
5
Baths
4.0
sq ft
2,744

1601 SW 5th Pl, Fort Lauderdale, FL 33312

1601 SW 5th Pl

Fort Lauderdale, FL 33312

  • 124 days on market
    • Price drop $50,000↓
Single Family House + Guest House. Waterfront Property w/ Direct Ocean Access. No Fixed Bridges. Deep Water Canal. Bring Your Boat! Located in Highly Desirable Sailboat Bend Neighborhood of Ft Lauderdale. Minutes to Downtown Las Olas Blvd Nightlife & Shopping. Main House includes 4 Bed-3 Bath. Brazilian Cherrywood Floors, 2 Mater Suites & Luxurious Steam Room Shower. Modern Kitchen w/ large Wine Fridge. Detached Guest House Has Full Kitchen & Laundry in the Unit w/ 2 Car Garage which can Easily be Converted into Another Living Space. Beautiful Sparkling Heated Pool w/ Brand New Pool Pump. Property Currently a Profitable Short Term Rental. This is a Unique Opportunity for Investors or Someone Looking to make this Impressive Compound-Like Home Their Own.

Details

Property type

Single Family Residence

Est. home value

$1,252,476

Lot size

9,741 sq ft

Price per sq ft

$456

Year built

1984

Annual property taxes

$22,501

Price History

10/03/2024
Beaches

Beaches #F10448878

Price change
$1,250,000
-3.85%
09/17/2024
Beaches

Beaches #F10448878

Price change
$1,300,000
-3.7%
08/24/2024
Beaches

Beaches #F10448878

Price change
$1,350,000
-3.57%

Schools & Community

Neighborhood: 

Riverside Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rbi Mortgages Llc

Loan start date

May 2023

Original loan amount

$868,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Commercial, 1 year

Seller

Free Volt Fl Llc

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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1812 SW 10th Ave, Fort Lauderdale, FL 33315

Status: Active

Tomo last checked: 11/09/2024 at 11:25 AM

Listing updated: 10/03/2024 at 7:29 PM

Listed by: Christopher B Galdieri, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10448878

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