tomo logo

$275,000

Beds
2
Baths
2.0
sq ft
936

1725 Palm Cove Blvd Unit 2, Delray Beach, FL 33445

1725 Palm Cove Blvd Unit 2

Delray Beach, FL 33445

  • 51 days on market
    • Price drop $5,000↓
BRIGHT AND SPACIOUS FIRST FLOOR 2 BEDROOM, 2 BATH CONDO. LARGE DINING ROOM, WALK-IN CLOSETS IN BOTH BEDROOMS, AND EXTRA STORAGE ROOM RIGHT OUTSIDE THE UNIT. GATED COMMUNITY WITH BEAUTIFUL POOL, CLUBHOUSE, GYM AND TENNIS COURTS. CLOSE TO I -95, COSTCO NEARBY, AND 10 MINUTES FROM THE BEACH. PROOF OF FUNDS AND SCHEDULED SHOWING REQUIRED AS TENANT IN PLACE PAYING $2,225 UNTIL 08/31/2025 (SAME TENANT SINCE 2022 SO PICS ARE FROM 2022). PERFECT FOR INVESTORS, GET INCOME FROM DAY ONE!

Details

Property type

Condominium

Est. home value

$250,377

Lot size

Unknown

Price per sq ft

$294

Year built

1992

Annual property taxes

$3,296

Monthly HOA fee

$547

Price History

09/24/2024
SEF

SEF #A11641267

Price change
$275,000
-1.79%
09/17/2024
SEF

SEF #A11641267

Price change
$280,000
-1.75%
08/15/2024
SEF

SEF #A11641267

Listed
$285,000
-1.72%

Schools & Community

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

$11,530
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$241,470
Cash to seller
$11,530

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

Seller’s Loan History

Lender

Rosscountry Mortgage Llc

Loan start date

February 2024

Original loan amount

$243,000

Est. remaining balance

$241,470

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Philip Mills-Lutterodt

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: 10/05/2024 at 2:25 AM

Listing updated: 10/02/2024 at 3:57 PM

Listed by: Natasha Olsak, Florida Brokers Real Estate Phone #: (954) 640-9111

MLS: SEF #A11641267

SEF logo

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