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$489,999

Beds
2
Baths
2.0
sq ft
1,320

1701 S Ocean Dr Dr Unit 702, Hollywood, FL 33019

1701 S Ocean Dr Dr Unit 702

Hollywood, FL 33019

  • 331 days on market
    • Price drop $16,000↓
Indulge in opulence and relaxation at this exquisite 2-bedroom, 2-bathroom beachfront condo unit, ideal for your ultimate vacation retreat or dream residence. Revel in breathtaking ocean vistas from both your bedroom windows and private balcony. The unit boasts expansive living spaces and well-appointed bedrooms featuring built-in closets. Total SqFt 1,520. Recent enhancements to the building include a brand-new roof, balconies, railings, pool, and barbecue area, ensuring a heightened sense of luxury. Additional conveniences include common laundry rooms and a club room, elevating the overall living experience. This building has successfully obtained its 40-year certification, attesting to its structural integrity and longevity. The association has reserves.No assessment is pending.

Details

Property type

Condominium

Est. home value

$514,353

Lot size

Unknown

Price per sq ft

$372

Year built

1968

Annual property taxes

$7,737

Monthly HOA fee

$833

Price History

11/14/2024
SEF

SEF #A11505814

Price change
$489,999
-3.16%
10/11/2024
SEF

SEF #A11505814

Removed
$505,999
10/06/2024
SEF

SEF #A11505814

Listed
$505,999

Schools & Community

Neighborhood: 

South Central Beach

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

$126,270
Asking price
$489,999
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$324,529
Cash to seller
$126,270

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

Seller’s Loan History

Lender

First Savings Bank

Loan start date

July 2023

Original loan amount

$329,000

Est. remaining balance

$324,529

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Mildrey Espinosa Leiva and Mildrey Valdivia Espinosa

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: 11/23/2024 at 12:20 AM

Listing updated: 11/14/2024 at 1:10 PM

Listed by: Omayra Murray, Real Estate Empire Group, Inc. Phone #: (305) 592-1588

MLS: SEF #A11505814

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