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$585,000

Beds
2
Baths
2.5
sq ft
1,796

1743 Royal Palm Way, Hollywood, FL 33020

1743 Royal Palm Way

Hollywood, FL 33020

  • 129 days on market
    • Price drop $40,000↓
Embrace the opportunity to reside in a fully renovated waterfront home within a gated community! This modernized residence boasts elegant porcelain flooring, a newly updated kitchen, and a spacious master suite featuring soaring ceilings, a generously sized shower, and a luxurious tub . Nestled on a peaceful cul-de-sac, the home offers a screened-in patio that provides an ideal setting for entertaining while enjoying picturesque water views. Additionally, its prime location allows for easy access to the abundance of recreational activities at West Lake Park, including tennis courts, kayaking, a boat ramp, basketball courts, nature trails, and more. With the added convenience of being close to Hollywood Beach and just minutes away from FLL airport. No garage

Details

Property type

Single Family Residence

Est. home value

$602,590

Lot size

3,190 sq ft

Price per sq ft

$326

Year built

1998

Annual property taxes

$9,695

Monthly HOA fee

$215

Price History

06/18/2024
SEF

SEF #A11540993

Listed
$585,000
06/03/2024
SEF

SEF #A11540993

Pending
$585,000
05/13/2024
SEF

SEF #A11540993

Price change
$585,000
-6.4%

Schools & Community

Neighborhood: 

Hollywood Lakes

Elementary school: 

Dania Beach

Middle school: 

Olsen

High school: 

South Broward

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

$83,997
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$454,203
Cash to seller
$83,997

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

Seller’s Loan History

Lender

My Mortgage Inc

Loan start date

March 2022

Original loan amount

$475,000

Est. remaining balance

$454,203

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Jorge Luis Hernandez Lopez and Jose Gregorio Berroa Cordero

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: 07/06/2024 at 1:00 AM

Listing updated: 06/18/2024 at 9:24 AM

Listed by: Joanna Jimenez, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11540993

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