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$14,850,000

Beds
3
Baths
3.5
sq ft
3,129

2 N Breakers Row Unit N-42, Palm Beach, FL 33480

2 N Breakers Row Unit N-42

Palm Beach, FL 33480

  • 323 days on market
Rarely available 3 bedroom, 3.5 bath corner unit at Two North Breakers Row. Stunning direct ocean views from the living room, dining room and kitchen offering tranquil turquoise water as far as the eye can see. The 3,487 +/- square foot apartment has been meticulously renovated including floor-to-ceiling doors and windows facing the ocean, multiple balconies with glass railings. Each bedroom offers views of the Atlantic Ocean. The apartment comes with a poolside cabana offering a relaxing air-conditioned space with a full bath, small fridge, and a living space with sliding glass doors leading out to the pool terrace. The garage has 2 parking spaces. Two North Breakers Row is a full-service​​‌​​​​‌​‌​​​‌‌​​​‌‌‌​​‌​​‌‌​​​​ condominium.

Details

Property type

Condominium

Est. home value

$9,792,072

Lot size

Unknown

Price per sq ft

$4,746

Year built

1986

Annual property taxes

$185,014

Monthly HOA fee

$15,487

Price History

11/30/2023
Beaches

Beaches #R10939522

Listed
$14,850,000
+8%
08/10/2021
Beaches

Beaches #R10689708

Sold
$13,750,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,474,826
Asking price
$14,850,000
Closing costs (~8% of asking)
-$1,188,000
Est. remaining loan balance
-$12,187,174
Cash to seller
$1,474,826

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

Seller’s Loan History

Lender

Maplemark Bank

Loan start date

August 2021

Original loan amount

$13,091,333

Est. remaining balance

$12,187,174

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Robert J Donahue Jr and Lucy Elizabeth Donahue

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: 10/18/2024 at 12:30 PM

Listing updated: 09/30/2024 at 5:07 PM

Listed by: Kevin Condon, Sotheby's Intl. Realty, Inc. Phone #: (561) 659-3555

MLS: Beaches #R10939522

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