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$849,000

Beds
2
Baths
2.0
sq ft
1,198

2501 S Ocean Dr Unit 536, Hollywood, FL 33019

2501 S Ocean Dr Unit 536

Hollywood, FL 33019

  • 74 days on market
Fully renovated Stylish apartment in the oceanfront building. Elegant Interior Featuring:Quartz Countertop, smooth ceiling with build in lights, Sams Appliances, upscale tile flooring, fully Organized Walk In Closet, furnished. Large Glass Balcony, Hurricane Proof Windows And Doors. Valet Parking, AC, Fiber Internet, Cable, Beach Service With Umbrellas And Lounge Chairs - Included In The HOA. Can be rented out immediately up to 4 times a year. Pet-friendly 24-hour secured oceanfront condo with stunning pool deck, lush landscaping, heated infinity pool, jacuzzi, state-of-the-art gym, billiard and piano room, café, and store on-site. Steps to the famous Boardwalk with cafes and restaurants, Minutes to FLL, Port Everglades, Aventura Mall, Hospitals. This unit comes with an assigned locker.

Details

Property type

Condominium

Est. home value

$572,401

Lot size

Unknown

Price per sq ft

$709

Year built

1968

Annual property taxes

$10,752

Monthly HOA fee

$1,460

Price History

09/10/2024
SEF

SEF #A11656527

Listed
$849,000
+75.05%
03/16/2022
SEF

SEF #A11093917

Sold
$485,000

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

$525,196
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$255,884
Cash to seller
$525,196

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$270,000

Est. remaining balance

$255,884

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Armando Eloy Espinosa

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: 11/22/2024 at 8:25 PM

Listing updated: 10/31/2024 at 2:30 PM

Listed by: Kseniia Strizh, Trust Invest Real Estate Corp Phone #: (844) 414-4488

MLS: SEF #A11656527

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