tomo logo

$384,000

Beds
Unknown
Baths
1.0
sq ft
271

235 Sunrise Ave Unit 3046, Palm Beach, FL 33480

235 Sunrise Ave Unit 3046

Palm Beach, FL 33480

  • 165 days on market
Welcome to the extraordinary Historic Palm Beach Hotel. This amazing investment opportunity is located on the 3rd floor overlooking the pool and manicured courtyard. Updated stylish bathroom, tile floor throughout, walk-in closet, and fully furnished with modern beachy decor. There are no rental restrictions (short-term, AirBnB, and long-term friendly). This studio unit is walking distance to the beach, intracoastal, upscale restaurants, and shopping. HOA fees include valet parking, 24-hour staffed front desk, electric, water, WIFI, basic cable, and trash removal. Amenities include heated outdoor pool, on-site laundry, gym, bike storage, covered lanai, and the Palm Beach Day Spa. New impact windows have been paid for and will be installed in November. Great investment opportunity!

Details

Property type

Condominium

Est. home value

$364,739

Lot size

Unknown

Price per sq ft

$1,417

Year built

1925

Annual property taxes

$3,287

Monthly HOA fee

$854

Price History

07/11/2024
Beaches

Beaches #R11003577

Listed
$384,000
-3.76%
01/24/2024
Beaches

Beaches #R10930251

Removed
$399,000
10/23/2023
Beaches

Beaches #R10930251

Listed
$399,000
+232.5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citadel Servicing Corporation

Loan start date

October 2022

Original loan amount

$250,250

Est. remaining balance

Not provided

Interest rate

5.13%

Loan type

Building or Construction Loan, 30 year

Seller

Stka Llc

Lender

M & M Private Lending Group Llc

Loan start date

August 2018

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

4.62%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Stka Llc

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: 12/23/2024 at 6:25 AM

Listing updated: 12/10/2024 at 12:50 PM

Listed by: Gregory Pappas, Global Realty Advisors Inc Phone #: (561) 691-0059

MLS: Beaches #R11003577

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