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$430,000

Beds
1
Baths
2.0
sq ft
980

2201 S Ocean Dr Unit 2502, Hollywood, FL 33019

2201 S Ocean Dr Unit 2502

Hollywood, FL 33019

  • 29 days on market
This one-bedroom, two-bathroom Apartment offers direct, unobstructed ocean views, a sight that will take your breath away every day. Enjoy the convenience of beach access and beach umbrellas for residents, providing a resort-like experience just steps away from your front door. The Residence comes with assigned parking. Walking distance to the Diplomat Hotel & Convention Center, and minutes away from the Aventura Mall. The Hollywood Beach Broadwalk and a selection of nearby restaurants offer endless entertainment and dining options. Offering world-class amenities. Stay active with the on-site gym and relax in the sauna at the end of a long day. This property offers more than just a home; it offers a lifestyle of comfort, convenience, and luxury.

Details

Property type

Condominium

Est. home value

$405,050

Lot size

Unknown

Price per sq ft

$439

Year built

1974

Annual property taxes

$8,484

Monthly HOA fee

$860

Price History

11/22/2024
SEF

SEF #A11697618

Listed
$430,000

Schools & Community

Neighborhood: 

South Central Beach

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

$286,736
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$108,864
Cash to seller
$286,736

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

July 2010

Original loan amount

$157,500

Est. remaining balance

$108,864

Interest rate

4.84%

Loan type

New Conventional, 30 year

Seller

Siddhartha Sanghvi and Radhika Kanapur

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: 12/22/2024 at 9:15 AM

Listing updated: 11/22/2024 at 3:05 PM

Listed by: Brenda Gramajo, Douglas Elliman Phone #: (305) 728-2444

MLS: SEF #A11697618

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