tomo logo

$749,000

Beds
3
Baths
2.0
sq ft
1,238

1611 Mayo St, Hollywood, FL 33020

1611 Mayo St

Hollywood, FL 33020

  • 58 days on market
    • Price drop $20,000↓
Hollywood Lakes Charmer – 3BR/2BA w/ Pool. This beautifully updated 3BR/2BA home boasts a sparkling pool, a private putting area, and a huge backyard perfect for entertaining. Additional features include updated bathrooms, updated kitchen, modern floors, and a dedicated dog run. Previously used as a second home and Airbnb, it includes an owner’s closet, offering versatility as a primary residence or income-producing property. With plenty of space and amenities, this home is perfect for relaxation and making memories. Don’t miss this exceptional opportunity in Hollywood Lakes!

Details

Property type

Single Family Residence

Est. home value

$711,079

Lot size

8,327 sq ft

Price per sq ft

$606

Year built

1958

Annual property taxes

$14,763

Price History

02/16/2025
SEF

SEF #A11713375

Price change
$749,000
-2.6%
02/03/2025
SEF

SEF #A11713375

Price change
$769,000
-1.28%
01/29/2025
SEF

SEF #A11713375

Price change
$779,000
-1.27%

Schools & Community

Neighborhood: 

Hollywood Lakes

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

$417,853
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$271,227
Cash to seller
$417,853

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

October 2020

Original loan amount

$300,086

Est. remaining balance

$271,227

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Kimberly Westmoreland

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: 02/23/2025 at 2:40 PM

Listing updated: 02/16/2025 at 8:50 AM

Listed by: Richard Feldman, Miami Waterfront Realty Phone #: (305) 970-2884

MLS: SEF #A11713375

SEF logo

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