tomo logo

$6,950,000

Beds
6
Baths
4.5
sq ft
4,313

2500 S Ocean Blvd Unit 602, Boca Raton, FL 33432

2500 S Ocean Blvd Unit 602

Boca Raton, FL 33432

  • 11 days on market
EXCLUSIVE ''LUXURIA'' BOCA RATON | BREATHTAKING DIRECT OCEANFRONT CONDO | EXQUISITELY REMODELED 2024 | HIGH-END DESIGNER FINISHES | PRIVATE ELEVATOR | COMPLETE HURRICANE IMPACT | MAGNIFICENT GOURMET KITCHEN | OUTDOOR SUMMER KITCHEN/BBQ | Quartz Counters | 42'' White Cabinets | Wolf S/S Appliances | Gas Stove | Split Bedroom Floor Plan | Coffered Ceilings | Tile Floors | Custom Built-Ins | Exquisite Oceanview Primary Suite with His/Her Custom Walk-In Closets | Smart Home System | 24-Hour 1st Class Concierge Service | 5-Star Resort-Style Amenities | Club Room, Fitness Center, Sauna, 2 Pools | Private Beach | Prime East Boca Location: Downtown Mizner Park & Royal Palm | Present All Offers | AC 2023 | WH 2019

Details

Property type

Condominium

Est. home value

$6,143,753

Lot size

Unknown

Price per sq ft

$1,612

Year built

2009

Annual property taxes

$74,526

Monthly HOA fee

$8,661

Price History

10/25/2024
Beaches

Beaches #R11031676

Listed
$6,950,000
+54.44%
01/24/2022
SEF

SEF #A11048623

Sold
$4,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$3,426,791
Asking price
$6,950,000
Closing costs (~8% of asking)
-$556,000
Est. remaining loan balance
-$2,967,209
Cash to seller
$3,426,791

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

Seller’s Loan History

Lender

Ubs Bank Usa

Loan start date

January 2022

Original loan amount

$3,150,000

Est. remaining balance

$2,967,209

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Matthew Joffe and Lauren Joffe

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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1000 S Ocean Blvd Unit 206, Boca Raton, FL 33432

Status: Active

Tomo last checked: 11/04/2024 at 11:05 PM

Listing updated: 11/01/2024 at 1:45 PM

Listed by: Larry Mastropieri, Mastropieri Group LLC Phone #: (561) 544-7000

MLS: Beaches #R11031676

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