tomo logo

$2,350,000

Beds
3
Baths
2.5
sq ft
2,837

248 E Boca Raton Rd, Boca Raton, FL 33432

248 E Boca Raton Rd

Boca Raton, FL 33432

  • 70 days on market
This exceptional luxury townhome is nestled on a serene, tree-lined street in the heart of East Boca Raton, offering an unparalleled combination of tranquility and convenience. Rarely available for sale, this home is just a short walk from boutique shops, fine dining, and the vibrant Mizner Park. A quick stroll over the Palmetto Park Bridge leads you to Boca Raton's stunning beaches and scenic walking paths.Recently renovated and meticulously updated, this 2001-built townhome features 3 generously sized bedrooms and 2 full bathrooms upstairs, along with a convenient upstairs laundry room. The spacious living area downstairs creates a serene and inviting ambiance, highlighted by imported Italian tiles, high-end fixtures, and elegant finishes throughout.

Details

Property type

Townhouse

Est. home value

$2,024,748

Lot size

Unknown

Price per sq ft

$829

Year built

2001

Annual property taxes

$14,261

Monthly HOA fee

$666

Price History

10/14/2024
Beaches

Beaches #R11028311

Listed
$2,350,000
-1.88%
08/26/2024
Beaches

Beaches #R10992120

Removed
$2,395,000
08/08/2024
Beaches

Beaches #R10992120

Price change
$2,395,000
-4.01%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Number of units in community: 

15

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

$1,825,418
Asking price
$2,350,000
Closing costs (~8% of asking)
-$188,000
Est. remaining loan balance
-$336,582
Cash to seller
$1,825,418

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

Seller’s Loan History

Lender

Van Dyk Mortgage Corp

Loan start date

August 2017

Original loan amount

$395,000

Est. remaining balance

$336,582

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Alan Saitowitz and Beverly Saitowitz

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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701 E Camino Real Unit 8, Boca Raton, FL 33432

Status: Active

Tomo last checked: 12/23/2024 at 4:40 AM

Listing updated: 12/10/2024 at 12:55 PM

Listed by: Stephen Paul Katz, Keller Williams Realty Boca Raton Phone #: (561) 997-0500

MLS: Beaches #R11028311

Beaches logo

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