tomo logo

$407,900

Beds
2
Baths
2.0
sq ft
1,262

2500 NE 48th Ln Unit 609, Fort Lauderdale, FL 33308

2500 NE 48th Ln Unit 609

Fort Lauderdale, FL 33308

  • 114 days on market
    • Price drop $17,100↓
Welcome to this unique corner unit featuring spectacular views of the Coral Ridge Golf course, twin lakes and the Ft Lauderdale skyline. This home has been renovated with luxury high end materials which include hurricane impact windows, a Bosch A/C unit, an air purification system and a Rheem hot water heater. There is Italian tile in the main areas with wood laminate in the bedrooms. The kitchen has Craftmade pull out cabinets with Kohler fixtures in the kitchen as well as the updated baths. All furniture is negotiable. Amenities include a doorman in the lobby, one covered assigned parking space, guest parking, and an inground pool with gorgeous views of the golf course and lakes. It’s a short bike ride or walk to Lauderdale by the Sea with its oceanfront Pavilion, restaurants and shops!

Details

Property type

Condominium

Est. home value

$348,718

Lot size

Unknown

Price per sq ft

$324

Year built

1967

Annual property taxes

$2,411

Monthly HOA fee

$1,000

Price History

03/16/2024
Beaches

Beaches #F10428191

Price change
$407,900
-4.02%
03/11/2024
Beaches

Beaches #F10428191

Listed
$425,000
02/05/2024
Beaches

Beaches #F10413681

Removed
$425,000

Schools & Community

Neighborhood: 

Coral Ridge Country Club

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

$258,104
Asking price
$407,900
Closing costs (~8% of asking)
-$32,632
Est. remaining loan balance
-$117,164
Cash to seller
$258,104

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

Seller’s Loan History

Lender

T2 Financial Llc

Loan start date

July 2021

Original loan amount

$125,000

Est. remaining balance

$117,164

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Kenneth Brett

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?

Similar Homes Nearby

Price drop
SEF
$409,900
2 bd
|
2 ba
|
1,030 sq ft
|
Condo

4117 Bougainvilla Dr Unit 315, Lauderdale By The Sea, FL 33308

Price drop
Beaches
$415,000
2 bd
|
2 ba
|
1,400 sq ft
|
Condo

3100 NE 49th St Unit 909, Fort Lauderdale, FL 33308

Price drop
Beaches
$424,999
2 bd
|
2 ba
|
1,300 sq ft
|
Condo

3031 NE 51st St Unit 402W, Fort Lauderdale, FL 33308

Status: Active

Tomo last checked: 07/03/2024 at 12:30 PM

Listing updated: 04/15/2024 at 11:16 AM

Listed by: Evie Garchik, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10428191

Beaches logo