tomo logo

$145,889Estimated home value

Beds
1
Baths
1.0
sq ft
493

1825 Cleveland St Unit 14, Hollywood, FL 33020

1825 Cleveland St Unit 14

Hollywood, FL 33020

  • Sold On 12/10/2021
**BRING ALL OFFERS** Great investment opportunity in a beach boutique community! Highly desired Downtown Hollywood, 1 bed/1 bath near restaurants, entertainment, Aventura Mall, and Hollywood Beach. Easy access to I-95 and major Highways. The condo is less than three miles away from the beach. One parking space. The unit is already being rented by a long-term tenant at $950/month (below market rates). Market rent for 1 bedroom in the building recently rented for $1,400.00. Water included in rent. Opportunity to increase market value after renovations. DO NOT DISTURB THE TENANT. The seller is motivated. Seller is expecting many offers and is looking for the highest and best offer over asking. EMAIL ALL OFFERS.

Details

Property type

Condominium

Est. home value

$145,889

Lot size

Unknown

Price per sq ft

$224

Year built

1969

Annual property taxes

$1,292

Monthly HOA fee

$214

Price History

04/08/2024
SEF

SEF #A11555941

Removed
$164,900
03/24/2024
SEF

SEF #A11555941

Listed
$164,900
+43.39%
12/10/2021
SEF

SEF #A11111201

Sold
$115,000

Schools & Community

Neighborhood: 

Royal Poinciana

Elementary school: 

Dania Beach

Middle school: 

Olsen

High school: 

South Broward

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$75,961
Asking price
$110,000
Closing costs (~8% of asking)
-$8,800
Est. remaining loan balance
-$25,239
Cash to seller
$75,961

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

Seller’s Loan History

Lender

Sunshine Lending Corp

Loan start date

February 2003

Original loan amount

$51,410

Est. remaining balance

$25,239

Interest rate

5.85%

Loan type

FHA, 30 year

Seller

Rafael A Perez

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: Off Market

Tomo last checked: 04/16/2024 at 8:05 PM

Listing updated: 03/29/2023 at 12:56 PM

Listed by: Maleche Eugene, SL Realty & Property Management Phone #: (954) 613-7352

MLS: SEF #A11111201

SEF logo

Recently listed in Hollywood

tomo logo
  • © 2024 Tomo Real Estate
  • 1424 11th Ave, Suite 201, Seattle, WA 98122
  • (404) 738-5385

Resources

BlogTomo Mortgage

Tomo Real Estate for sale

Disclaimers

mls-logo

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.