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$290,000

Beds
2
Baths
2.5
sq ft
1,236

221 2nd Way, West Palm Beach, FL 33407

221 2nd Way

West Palm Beach, FL 33407

  • 23 days on market
Great investment opportunity! This 2-bedroom, 2.5-bathroom townhouse is located in a prime West Palm Beach location, offering a blend of potential and convenience. The home features new tiling throughout the first floor and sliding patio doors on both levels, filling the space with natural light. The fenced-in patio provides privacy, while the community amenities include a pool, tennis and basketball courts, a playground, and scenic lake views.With easy access to shopping, dining, and entertainment, this property is a fantastic investment or a great place to call home. Tenant occupied. HOA includes water, garbage, and cable. Don't miss this opportunity!

Details

Property type

Townhouse

Est. home value

$283,680

Lot size

1,346 sq ft

Price per sq ft

$235

Year built

1983

Annual property taxes

$4,486

Monthly HOA fee

$605

Price History

01/31/2025
Beaches

Beaches #R11057595

Listed
$290,000
-6.45%
10/11/2024
Beaches

Beaches #F10459641

Removed
$310,000
09/12/2024
Beaches

Beaches #F10459641

Listed
$310,000

Schools & Community

Neighborhood: 

Spencer Lakes

Elementary school: 

Egret Lake

Middle school: 

Bear Lakes

High school: 

Palm Beach Lakes

Community features: 

Pool, Tennis Court(s)

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

$150,679
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$116,121
Cash to seller
$150,679

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2013

Original loan amount

$159,900

Est. remaining balance

$116,121

Interest rate

3.43%

Loan type

New Conventional, 30 year

Seller

Naren Ramlal

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: 02/22/2025 at 11:35 PM

Listing updated: 02/12/2025 at 12:52 PM

Listed by: Jonathan Robles, The Agency Florida LLC Phone #: (561) 465-8500

MLS: Beaches #R11057595

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