tomo logo

$1,049,000

Beds
2
Baths
2.0
sq ft
1,350

1701 S Flagler Drive Dr Unit 803, West Palm Beach, FL 33401

1701 S Flagler Drive Dr Unit 803

West Palm Beach, FL 33401

  • 297 days on market
    • Price drop $100,000↓
Enjoy the spectacular views of the Intracoastal from this exquisitely maintained 2 bedroom and 2 bath home. The owner has created a classic livable space by opening one wall and adding moldings and decorative details throughout. The result is a chic and comfortable space. Rapallo North is a well-managed full-service building with doorman, onsite management office and maintenance staff. Amenities include pool, gym and community room. Conveniently located for easy access to Palm Beach Island, downtown West Palm Beach and Palm Beach international airport.

Details

Property type

Condominium

Est. home value

$1,217,949

Lot size

Unknown

Price per sq ft

$778

Year built

1973

Annual property taxes

$3,703

Monthly HOA fee

$1,203

Price History

07/05/2024
Beaches

Beaches #R10938342

Price change
$1,049,000
-8.7%
11/24/2023
Beaches

Beaches #R10938342

Listed
$1,149,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$725,436
Asking price
$1,049,000
Closing costs (~8% of asking)
-$83,920
Est. remaining loan balance
-$239,644
Cash to seller
$725,436

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

February 2021

Original loan amount

$260,500

Est. remaining balance

$239,644

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Fari W Riedle and Janyce A Riedle

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?

Status: Active

Tomo last checked: 09/16/2024 at 6:15 PM

Listing updated: 09/04/2024 at 2:25 AM

Listed by: Rosalind Clarke, Premier Estate Properties, Inc Phone #: (561) 655-5505

MLS: Beaches #R10938342

Beaches logo

Recently listed in West Palm Beach

$299,999|2 bd|2.5 ba|Townhouse

Explore top cities in Florida