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$6,750,000

Beds
5
Baths
5.5
sq ft
5,105

1617 SE 11th St, Fort Lauderdale, FL 33316

1617 SE 11th St

Fort Lauderdale, FL 33316

  • Pending
Welcome to Rio Vista, one of Ft. Laud’s most charming and historic neighborhoods. Coastal contemporary 5,200 sq. ft. residence, meticulously renovated in 2020, 75 feet of prime waterfront with concrete dock. Open concept floor plan features volume ceilings, expansive doors and windows that blend indoor/outdoor living seamlessly. Dream kitchen open to a large family room and bar with dramatic water views. Fabulous covered patio, summer kitchen, gas grill, overlooking a stunning 40-foot pool/spa. 5 bedrooms, each with en-suite bathrooms, perfect for a large family or guests. Smart home with whole-home audio and video distribution, and a generator for peace of mind. Minutes to Port Everglades by boat, and close to the airport, downtown, and Las Olas Blvd. The perfect place to call home.

Details

Property type

Single Family Residence

Est. home value

$5,087,829

Property condition

Updated/Remodeled

Lot size

9,375 sq ft

Price per sq ft

$1,323

Year built

2006

Annual property taxes

$50,463

Price History

09/14/2024
Beaches

Beaches #F10456676

Pending
$6,750,000
08/16/2024
Beaches

Beaches #F10456676

Listed
$6,750,000
+150%
04/03/2019
Beaches

Beaches #F10086674

Sold
$2,700,000

Schools & Community

Neighborhood: 

Rio Vista

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$2,334,384
Asking price
$6,750,000
Closing costs (~8% of asking)
-$540,000
Est. remaining loan balance
-$3,875,616
Cash to seller
$2,334,384

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

Seller’s Loan History

Lender

Wall Street Mortgage Bankers Ltd

Loan start date

July 2022

Original loan amount

$4,000,000

Est. remaining balance

$3,875,616

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Craig I Hecker and Craig I Hecker Revocable Living Trust

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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324 Coconut Isle Dr, Fort Lauderdale, FL 33301

Status: Pending/Under Contract

Tomo last checked: 09/19/2024 at 5:45 PM

Listing updated: 09/15/2024 at 2:46 AM

Listed by: Patricia Huff, Intercoastal Realty Inc Phone #: (954) 467-1448

MLS: Beaches #F10456676

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