tomo logo

$1,050,000

Beds
5
Baths
3.0
sq ft
3,628

16862 SW 50th St, Miramar, FL 33027

16862 SW 50th St

Miramar, FL 33027

  • 65 days on market
Tastefully renovated 5 bedroom/3 full bathroom spacious modern home in the desired Riviera Isles gated community. 1 Bedroom and Full Bath downstairs. New Hurricane Impact windows (2023), Roof (2021), water heater (2024), both AC units (2021), wide plank hard wood flooring throughout, white gloss European kitchen cabinets with waterfall quartz countertop & backsplash, stainless steel appliances, lighting fixtures, LED high-hat lights throughout, ceiling fans, and Samsung washer & dryer. The lakefront backyard is very spacious including an outdoor entertainment area, with room for a pool. An upstairs loft area, built in closets, and located on a cul-de-sac street. Secured Guard gated community, clubhouse, playgrounds, tennis courts, pool, walking paths, & gym, among other amenities.

Details

Property type

Single Family Residence

Est. home value

$920,578

Lot size

0.24 acres

Price per sq ft

$290

Year built

2001

Annual property taxes

$13,473

Monthly HOA fee

$249

Price History

10/18/2024
SEF

SEF #A11679008

Listed
$1,050,000
+46.85%
07/16/2021
Beaches

Beaches #F10282446

Sold
$715,000
+12.6%
12/30/2020
SEF

SEF #A10865555

Sold
$635,000
+42.7%

Schools & Community

Elementary school: 

Dolphin Bay

Middle school: 

Glades

High school: 

Everglades

Community features: 

Pool, Gated, Clubhouse, Tennis Court(s), Fitness Center

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

$458,316
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$507,684
Cash to seller
$458,316

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

Seller’s Loan History

Lender

Co Owner 2009 000012 Llc

Loan start date

July 2021

Original loan amount

$548,250

Est. remaining balance

$507,684

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Muneer Ali and Hiba Mousa Jamil

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: 12/23/2024 at 1:05 AM

Listing updated: 11/16/2024 at 3:05 PM

Listed by: Hummair Umar, Brokers Choice Realty Inc Phone #: (954) 435-8721

MLS: SEF #A11679008

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