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$240,000

Beds
2
Baths
2.0
sq ft
1,007

2339 Linton Ridge Cir Unit E11, Delray Beach, FL 33444

2339 Linton Ridge Cir Unit E11

Delray Beach, FL 33444

  • 163 days on market
    • Price drop $10,000↓
(5) UNIT PACKAGE DEAL ALL AT LINTON RIDGE. ALL UNITS ARE SOLD TOGETHER, CANNOT BE PURCHASED SEPARATELY. UNITS: G12, E11, A11, C7, AND E3. RENT IN PLACE $9,500 / MONTH. HOA FEES ARE $405 PER UNIT/ MTH. TAXES ARE $177 PER UNIT/ MTH. INCOME AFTER HOA FEES AND TAXES IS: $6590.00/ MONTH (6.6% NET) THESE UNITS ARE ALL UNDER LEASE AND PROFESSIONALLY MAINTAINED. THIS IS A TURN KEY INVESTOR OPPORTUNITY TO OWN (5) TWO BED AND TWO BATH UNITS IN A NICELY KEPT RENTAL COMPLEX IN EAST DELRAY. DELRAY BEACH IS ONE OF THE FASTEST GROWING AND SOUGHT AFTER AREAS IN ALL OF SOUTH FLORIDA. THESE UNITS ARE ANY INVESTORS DREAM. NO RENTAL RESTRICTIONS, NO AGE RESTRICTIONS, NO WAITING PERIODS, NO NONSENSE. JUST BUY AND START COLLECTING RENT DAY#1. THESE UNITS OFFER A PHENOMENAL LONG TERM HOLD FOR A SAVVY INVESTOR.

Details

Property type

Condominium

Est. home value

$175,210

Lot size

Unknown

Price per sq ft

$239

Year built

1985

Annual property taxes

$2,158

Monthly HOA fee

$405

Price History

07/08/2024
SEF

SEF #A11601019

Price change
$240,000
-4%
06/28/2024
SEF

SEF #A11601019

Price change
$250,000
-1.96%
06/25/2024
SEF

SEF #A11601019

Price change
$255,000
-0.39%

Schools & Community

Elementary school: 

Pine Grove

Middle school: 

Carver; G.W.

High school: 

Atlantic

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

$187,943
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$32,857
Cash to seller
$187,943

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 Harris Bank Na

Loan start date

September 2003

Original loan amount

$67,000

Est. remaining balance

$32,857

Interest rate

5.94%

Loan type

Not Provided, 30 year

Seller

Christina M Kestler

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: 11/15/2024 at 7:50 AM

Listing updated: 09/30/2024 at 5:40 PM

Listed by: Samuel Fugina, Marlin Realty Inc Phone #: (954) 442-4748

MLS: SEF #A11601019

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