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$799,000

Beds
3
Baths
2.0
sq ft
1,347

1631 N Andrews Sq, Wilton Manors, FL 33311

1631 N Andrews Sq

Fort Lauderdale, FL 33311

  • 51 days on market
    • Price drop $35,000↓
Versatile Investment Opportunity in Wilton Manors! This 3-bedroom, 2-bathroom single-family home in the heart of Wilton Manors offers incredible income potential and flexibility. Currently operating as a successful short-term rental on Airbnb, the main 2-bedroom, 1-bath unit is perfect for vacationers, while the separate 1-bedroom, 1-bath unit provides additional rental income or serves as a private suite. The property can be used as a full single-family home or dual-income rental, catering to a variety of investment strategies. With a sparkling pool and a prime location just minutes from Fort Lauderdale’s beaches, nightlife, and top attractions, this is a rare opportunity to own a high-demand property in a thriving market.

Details

Property type

Single Family Residence

Est. home value

$580,174

Lot size

6,398 sq ft

Price per sq ft

$594

Year built

1950

Annual property taxes

$9,516

Price History

03/11/2025
SEF

SEF #A11740789

Price change
$799,000
-4.2%
02/07/2025
SEF

SEF #A11740789

Listed
$834,000
-10.71%
12/28/2024
Beaches

Beaches #R11000153

Removed
$934,000

Schools & Community

Neighborhood: 

South Middle River

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

$455,053
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$280,027
Cash to seller
$455,053

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

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

May 2021

Original loan amount

$360,000

Est. remaining balance

$280,027

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Pavel Tonkushin and Rajiv Motwani

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: 03/31/2025 at 1:30 PM

Listing updated: 03/11/2025 at 7:10 AM

Listed by: Joy Yang Christie, Coldwell Banker Realty Phone #: (305) 931-8266

MLS: SEF #A11740789

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