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$1,650,000

Beds
3
Baths
3.5
sq ft
1,920

245 Algiers Ave, Lauderdale By The Sea, FL 33308

245 Algiers Ave

Lauderdale By The Sea, FL 33308

  • 6 days on market
Experience the Lauderdale-By-The-Sea Lifestyle! This beautifully renovated 3-bedroom, 3.5-bathroom home in Silver Shores is perfectly located between the ocean and Intracoastal Waterway. This residence features a designer custom kitchen with white shaker cabinets, quartz countertops with matching backsplash, stainless steel appliances, a gas range, an in-ground propane tank, porcelain flooring, impact windows & doors, a tile roof (2012), LG solar panels (2020) - electric bill at around $150 monthly. Situated on an oversized corner lot with two driveways and a 2-car garage, private tropical backyard oasis with a new saltwater pool, outdoor shower, and a summer kitchen. Walk to the beach, shopping, dining, and vibrant nightlife. Live where others vacation! Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$1,585,308

Property condition

Updated/Remodeled

Lot size

8,670 sq ft

Price per sq ft

$860

Year built

1959

Annual property taxes

$27,759

Price History

03/03/2025
Beaches

Beaches #F10490365

Listed
$1,650,000
-2.94%
08/08/2022
Beaches

Beaches #F10331566

Sold
$1,700,000
+48.47%
07/02/2021
Beaches

Beaches #F10286462

Sold
$1,145,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground, Park

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

$286,906
Asking price
$1,650,000
Closing costs (~8% of asking)
-$132,000
Est. remaining loan balance
-$1,231,094
Cash to seller
$286,906

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

Seller’s Loan History

Lender

Bell Bank

Loan start date

August 2022

Original loan amount

$1,275,000

Est. remaining balance

$1,231,094

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Jason Smith and Helen Smith

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: 03/09/2025 at 6:20 PM

Listing updated: 03/09/2025 at 4:35 PM

Listed by: Erica P Simas, Balistreri Real Estate Inc Phone #: (954) 489-3100

MLS: Beaches #F10490365

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