tomo logo

$220,000

Beds
1
Baths
1.5
sq ft
787

1901 S Ocean Dr Unit 603, Hollywood, FL 33019

1901 S Ocean Dr Unit 603

Hollywood, FL 33019

  • 232 days on market
    • Price drop $20,000↓
This totally remodeled condo is just steps from the famous Hollywood Beach and Broadwalk. It has all impact glass, remodeled baths, California-style kitchen with stainless steel appliances, new flooring, pocket doors, frosted French doors, new electric panel, new water heater, new stove, and a new air conditioning unit. The building has passed recertification and has no assessments. The beautiful pool area has a BBQ and shuffleboard. There is extra storage and ample parking. Maintenance includes cable TV, insurance on the building, and a superintendent. It is close to shopping, dining, malls, air and sea ports. A new Publix grocery store is going up just blocks away! Two small pets are allowed. What are you waiting for?

Details

Property type

Condominium

Est. home value

$310,777

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$280

Year built

1966

Annual property taxes

$3,718

HOA

Yes

Price History

12/04/2024
SEF

SEF #A11581961

Price change
$220,000
-8.33%
11/11/2024
SEF

SEF #A11581961

Price change
$240,000
-4%
10/10/2024
SEF

SEF #A11581961

Price change
$250,000
-3.81%

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

49

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

$132,941
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$69,459
Cash to seller
$132,941

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

Seller’s Loan History

Lender

Coldwell Banker Home Loans

Loan start date

December 2015

Original loan amount

$139,925

Est. remaining balance

$69,459

Interest rate

2.98%

Loan type

New Conventional, 16 year

Seller

Michael Anthony Reinhardt and Maria Angelita Reinhardt

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: 12/25/2024 at 8:40 AM

Listing updated: 12/04/2024 at 5:30 AM

Listed by: Cynthia Spoerr, Coldwell Banker Realty Phone #: (954) 963-1600

MLS: SEF #A11581961

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