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$1,125,000

Beds
3
Baths
2.0
sq ft
1,433

1709 SW 5th Pl, Fort Lauderdale, FL 33312

1709 SW 5th Pl

Fort Lauderdale, FL 33312

  • 175 days on market
    • Price drop $25,000↓
Welcome to your dream residence, where luxury meets waterfront living. 60 ft dock with ocean access and no fixed bridge. This 3-bedroom, 2-bath home is adorned with porcelain tile floors and recessed lightings offering a sleek and modern aesthetic. The kitchen features granite counters and high-end stainless steel appliances. Both full bathrooms have been meticulously updated. The smaller 1-car garage is suitable for parking a golf cart, bikes, motorcycles, or general storage. Fenced in yard featuring a saltwater pool and spa, perfect for family gatherings and unwinding. Impact windows and doors. Conveniently located east of I-95, this home ensures easy access to the airport, beaches, and downtown Fort Lauderdale. Great for AirBnb also, can be sold furnished.

Details

Property type

Single Family Residence

Est. home value

$1,126,683

Lot size

7,680 sq ft

Price per sq ft

$786

Year built

1962

Annual property taxes

$11,556

Price History

05/16/2024
SEF

SEF #A11513418

Price change
$1,125,000
-2.17%
02/13/2024
SEF

SEF #A11513418

Price change
$1,150,000
-3.77%
01/12/2024
SEF

SEF #A11513418

Listed
$1,195,000
+77.04%

Schools & Community

Neighborhood: 

Riverside Park

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

$376,326
Asking price
$1,125,000
Closing costs (~8% of asking)
-$90,000
Est. remaining loan balance
-$658,674
Cash to seller
$376,326

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

Seller’s Loan History

Lender

Imc Mortgage Corp

Loan start date

August 2022

Original loan amount

$668,000

Est. remaining balance

$658,674

Interest rate

5.3%

Loan type

New Conventional, 40 year

Seller

1709 Sw 5Th Pl Llc

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: 07/05/2024 at 12:00 AM

Listing updated: 05/16/2024 at 10:34 AM

Listed by: Hanh Dinh, SODI Real Estate LLC Phone #: (954) 228-4608

MLS: SEF #A11513418

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