tomo logo

$310,000

Beds
1
Baths
1.0
sq ft
600

215 NE 16th Ave Unit 105, Fort Lauderdale, FL 33301

215 NE 16th Ave Unit 105

Fort Lauderdale, FL 33301

  • 114 days on market
    • Price drop $10,000↓
This beautiful completely remodeled 1 bedroom 1 bath, located in a small boutique complex in a quiet Victoria Park neighborhood. Minutes away from the beach, shops and restaurants on Las Olas. This gated community has a pool, BBQ area and laundry room on site. This property is great for investors and for first time buyers! With the added advantage of no minimum down payment required by HOA.

Details

Property type

Condominium

Est. home value

$242,333

Lot size

Unknown

Price per sq ft

$517

Year built

1972

Annual property taxes

$4,028

Monthly HOA fee

$347

Price History

08/14/2024
SEF

SEF #A11625367

Price change
$310,000
-3.13%
07/31/2024
SEF

SEF #A11625367

Price change
$320,000
-3.03%
07/17/2024
SEF

SEF #A11625367

Listed
$330,000
-8.33%

Schools & Community

Neighborhood: 

Victoria Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$129,503
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$155,697
Cash to seller
$129,503

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

September 2023

Original loan amount

$157,500

Est. remaining balance

$155,697

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Leonardo De Jesus Medina Gonzalez

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: 11/08/2024 at 5:15 AM

Listing updated: 09/30/2024 at 5:41 PM

Listed by: Ricardo Arosemena, CasaMagna Realty LLC Phone #: (954) 659-1709

MLS: SEF #A11625367

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