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$1,200,000

Beds
2
Baths
2.0
sq ft
1,400

250 S Ocean Blvd Unit 251, Delray Beach, FL 33483

250 S Ocean Blvd Unit 251

Delray Beach, FL 33483

  • 12 days on market
Beachfront living at it's best! Complete with a Private 470 sq ft patio with ocean views, ocean breezes, and ocean access! Perfect for entertaining and spoiling yourself. Just steps to the world famous Atlantic Ave. This is a 3bd unit that has been converted and updated to a 2 bed/2 bath with an open den (walls could go back up). Complete with impact windows and sliders throughout, brand new cabinets and light fixtures, stainless steel appliances, tankless water heater, full size washer/dryer and lots of closet space. Bring the BBQ and beach toys! This is the ONLY unit in the complex with a beachfront patio.

Details

Property type

Condominium

Est. home value

$1,218,958

Lot size

Unknown

Price per sq ft

$858

Year built

1974

Annual property taxes

$19,414

Monthly HOA fee

$899

Price History

11/12/2024
Beaches

Beaches #F10471180

Listed
$1,200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$672,313
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$431,687
Cash to seller
$672,313

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$513,000

Est. remaining balance

$431,687

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Dileep Ravi and Renu Ravi

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: 11/24/2024 at 8:55 AM

Listing updated: 11/12/2024 at 6:51 PM

Listed by: David Lawrence, Home Hunters Real Estate Phone #: (561) 218-4141

MLS: Beaches #F10471180

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