tomo logo

$445,000

Beds
1
Baths
1.0
sq ft
745

2501 S Ocean Dr Dr Unit 338, Hollywood, FL 33019

2501 S Ocean Dr Dr Unit 338

Hollywood, FL 33019

  • 233 days on market
    • Price drop $2,000↓
Remodeled stunning 1-bed, 1-bath fully updated with stunning ocean views of Hollywood Beach from it's balcony. Location Location! Resort style living with beach attendance for chairs and umbrellas, and 24/7 security. New waterproof laminate flooring, new appliances, combo washer/dryer in unit, storage unit on the same floor. Can be leased 4 times a year. Discover a range of amenities, including a 24/7 concierge, heated pool, jacuzzi, gym, billiard room, bike storage, concierge desk, café, convenience store, aerobic room, nail salon, cable and internet services, water, and a pet-friendly environment 2 pets up to 40 lbs. Price reduced! New Publix opening one block from the building. Se habla Espanol

Details

Property type

Condominium

Est. home value

$425,863

Lot size

Unknown

Price per sq ft

$598

Year built

1968

Annual property taxes

$6,875

Monthly HOA fee

$844

Price History

06/23/2024
Beaches

Beaches #F10412557

Price change
$445,000
-0.45%
05/26/2024
Beaches

Beaches #F10412557

Price change
$447,000
-1.32%
05/07/2024
Beaches

Beaches #F10412557

Listed
$453,000

Schools & Community

Neighborhood: 

South Central Beach

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

$144,986
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$264,414
Cash to seller
$144,986

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

Seller’s Loan History

Lender

Cornerstone First Mortgage Inc

Loan start date

July 2022

Original loan amount

$272,300

Est. remaining balance

$264,414

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Alberto Pla Jr and Peggy Michelle Pla

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?

Status: Active

Tomo last checked: 07/25/2024 at 6:45 PM

Listing updated: 06/30/2024 at 4:38 PM

Listed by: Alberto Jr Pla, Coral Shores Realty Phone #: (954) 568-9698

MLS: Beaches #F10412557

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