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$2,935,000

Beds
6
Baths
7.5
sq ft
6,845

2126 Milano Ct, Palm Beach Gardens, FL 33418

2126 Milano Ct

Palm Beach Gardens, FL 33418

  • 179 days on market
    • Price drop $65,000↓
Mediterranean designed home on pie-shaped lot with ALL hurricane impact windows and doors for peace of mind. Located on one of the largest lake front lots in San Michele, you will find lots of room to entertain, lounge by pool and enjoy your own private garden. 6 large bedrooms, all with their own en-suite bathrooms and generous size closets. Home theater and office. Primary suite with his/hers closets and bathrooms on the main floor as well as separate guest suite. Elevator, butler's pantry, two pantries, wet bar, marble flooring and summer kitchen are just a few of the wonderful features you will enjoy in this home. San Michele is an exclusive gated community in the heart of PBG with just 90 estate homes, tennis courts, fitness center and clubhouse. Won't disappoint!

Details

Property type

Single Family Residence

Est. home value

$4,649,324

Lot size

0.4 acres

Price per sq ft

$429

Year built

2004

Annual property taxes

$22,838

Monthly HOA fee

$653

Price History

09/12/2024
Beaches

Beaches #R10970991

Price change
$2,935,000
-2.17%
04/23/2024
Beaches

Beaches #R10970991

Price change
$3,000,000
-6.25%
03/21/2024
Beaches

Beaches #R10970991

Listed
$3,200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Street Lights, Sidewalks, Tennis Court(s)

Number of units in community: 

90

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

$1,762,221
Asking price
$2,935,000
Closing costs (~8% of asking)
-$234,800
Est. remaining loan balance
-$937,979
Cash to seller
$1,762,221

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

Seller’s Loan History

Lender

The Federal Savings Bank

Loan start date

October 2021

Original loan amount

$999,950

Est. remaining balance

$937,979

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Shailesh G Shah and Alka S Shah

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: 09/16/2024 at 6:00 PM

Listing updated: 09/16/2024 at 7:56 AM

Listed by: Christina C. Meek, Waterfront Properties & Club C Phone #: (561) 746-7272

MLS: Beaches #R10970991

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