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$499,000

Beds
2
Baths
2.0
sq ft
1,240

1980 S Ocean Dr Unit 5G, Hallandale Beach, FL 33009

1980 S Ocean Dr Unit 5G

Hallandale Beach, FL 33009

  • 182 days on market
    • Price drop $20,000↓
Remodeled 2 bedroom condo with southern ocean views from the patio and tile and wood floors throughout. Beautiful white kitchen with stainless steel major appliances. The Hemispheres has a low maintenance fee for all the amenities this 4 building complex offers. 2 restaurants, 2 gyms, 2 swimming pools, marina, putting green, tennis courts, billiards, sauna, shuffleboard, petanque, basketball, car wash area, courtesy bus and much more. This unit also has a garage space. Don't miss your piece of paradise in sunny Florida

Details

Property type

Condominium

Est. home value

$533,564

Lot size

Unknown

Price per sq ft

$403

Year built

1971

Annual property taxes

$7,032

Monthly HOA fee

$1,125

Price History

07/20/2024
SEF

SEF #A11555370

Listed
$499,000
06/11/2024
SEF

SEF #A11555370

Removed
$499,000
05/17/2024
SEF

SEF #A11555370

Price change
$499,000
-3.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1298

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

$166,627
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$292,453
Cash to seller
$166,627

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

December 2021

Original loan amount

$310,500

Est. remaining balance

$292,453

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Juan Venica and Valeria Ode

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: 09/20/2024 at 5:40 PM

Listing updated: 09/09/2024 at 11:17 AM

Listed by: Gladys Martinez, Elite Properties & Investments Phone #: (561) 203-6442

MLS: SEF #A11555370

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