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$609,000

Beds
5
Baths
2.0
sq ft
2,072

208 S M St, Lake Worth Beach, FL 33460

208 S M St

Lake Worth Beach, FL 33460

  • 14 days on market
Beautifully restored Spanish Mission style duplex in downtown Lake Worth Beach. It sits on a large lot with zoning that will allow another structure to be built or room for a pool. Live in one, rent another. Or bring your large family. Upstairs unit has 3 bedrooms and 1 bath, full kitchen, formal dining, living room and large storage . Ground unit has 2 bedrooms, 1 bath, formal living room, dining room, storage and a full kitchen. The home is in a great condition. Roof 2022, 2 water heaters 2024, Kitchens updated 2024. Both electrical panels in the process of updating. A great opportunity to do short term rentals or annual leases. The downtown zoning will allow mixed use as well. Fenced in large backyard. Owner is FL Real Estate Agent. 3 blocks from downtown Lake Worth.

Details

Property type

Single Family Residence

Est. home value

$761,298

Lot size

5,711 sq ft

Price per sq ft

$294

Year built

1926

Annual property taxes

$6,668

Price History

09/21/2024
Beaches

Beaches #R11022858

Listed
$609,000
-3.64%
06/27/2024
Beaches

Beaches #R10972916

Removed
$632,000
05/29/2024
Beaches

Beaches #R10972916

Price change
$632,000
-1.25%

Schools & Community

Neighborhood: 

Downtown Jewel

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$184,908
Asking price
$609,000
Closing costs (~8% of asking)
-$48,720
Est. remaining loan balance
-$375,372
Cash to seller
$184,908

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

Seller’s Loan History

Lender

Keller Mortgage Llc

Loan start date

June 2021

Original loan amount

$404,000

Est. remaining balance

$375,372

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Lyudmila Mulligan and The Lyudmila Mulligan Revocable Trust

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: 10/05/2024 at 1:20 AM

Listing updated: 09/30/2024 at 4:03 PM

Listed by: Mila Mulligan, Keller Williams Coastal Partners Phone #: (561) 209-2500

MLS: Beaches #R11022858

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