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$6,250,000

Beds
4
Baths
5.5
sq ft
4,424

2500 S Ocean Blvd Unit 501, Boca Raton, FL 33432

2500 S Ocean Blvd Unit 501

Boca Raton, FL 33432

  • 309 days on market
    • Price drop $245,000↓
SPECTACULAR DESIGNER FINISHED DIRECT OCEANFRONT WRAPAROUND 4 BEDROOM CORNER RESIDENCE AT LUXURIA IN BOCA RATON. VERY SPACIOUS ROOMS FLOW OUT TO WRAPAROUND OUTDOOR LIVING BALCONY WITH SUMMER KITCHEN AND BBQ. SOFT CONTEMPORARY DESIGN WITH FLOWING OPEN SPACES FOR GRACIOUS LIVING THROUGHOUT. OCEANFRONT MASTER SUITE WITH DUAL MARBLE BATHS OPENS TO OCEANFRONT BALCONY. MAGNIFICENT GOURMET KITCHEN WITH GAS RANGE, FULL SIZED SUBZERO REFRIGERATOR AND FREEZER, AND 2 DISHWASHERS. 4 BEDROOM SUITES PLUS FAMILY ROOM AND MEDIA ROOM. NO DETAIL HAS BEEN OVERLOOKED. FURNISHINGS COULD BE AVAILABLE. LUXURIA IS AN EXCLUSIVE BUILDING WITH OUTSTANDING STAFF AND SERVICES. DIRECT ACCESS TO MILES OF SANDY BEACHES. CLUB ROOM, 2 POOLS, FITNESS CENTER AND SAUNA. VALET SERVED 2 CAR PARKING SPACES.

Details

Property type

Condominium

Est. home value

$7,390,964

Lot size

Unknown

Price per sq ft

$1,413

Year built

2009

Annual property taxes

$84,562

Monthly HOA fee

$8,978

Price History

05/13/2024
Beaches

Beaches #R10936469

Price change
$6,250,000
-3.77%
04/19/2024
Beaches

Beaches #R10936469

Price change
$6,495,000
-3.78%
01/23/2024
Beaches

Beaches #R10936469

Price change
$6,750,000
-2.88%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

25

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

Midfirst Bank

Loan start date

October 2021

Original loan amount

$3,150,000

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Future Advance Clause / Open End Mortgage, 3 year

Seller

Bl Development Properties 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?

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Status: Active

Tomo last checked: 09/19/2024 at 5:35 AM

Listing updated: 09/06/2024 at 12:58 AM

Listed by: Scot Karp, Premier Estate Properties Inc Phone #: (561) 394-7700

MLS: Beaches #R10936469

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