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$499,000

Beds
1
Baths
1.5
sq ft
835

2501 S Ocean Dr Unit 539, Hollywood, FL 33019

2501 S Ocean Dr Unit 539

Hollywood, FL 33019

  • 141 days on market
    • Price drop $16,000↓
GORGEOUS UPDATED ONE BEDROOM UNIT WITH OCEAN AND INTRACOASTAL VIEWS, LOCATED IN THE WAVE CONDOMINIUM AN AMZING BLDG. BEAUTIFUL LOBBY BEAUTIFUL BEACH STATE OF THE ART GYM RIGHT ON THE BEACH. WOOD AND TILE FLOORS THROUGHOUT. WAVE AMENITIES INCLUDE: POOL, MINI MART, JACCUZZI, BEACH SERVICE, ETC.

Details

Property type

Condominium

Est. home value

$480,600

Lot size

Unknown

Price per sq ft

$598

Year built

1968

Annual property taxes

$7,568

HOA

Yes

Price History

06/13/2024
SEF

SEF #A11580186

Price change
$499,000
-3.11%
05/02/2024
SEF

SEF #A11580186

Listed
$515,000
+85.92%
08/31/2020
SEF

SEF #A10855860

Sold
$277,000

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

$395,282
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$63,798
Cash to seller
$395,282

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

September 2006

Original loan amount

$100,000

Est. remaining balance

$63,798

Interest rate

6.72%

Loan type

Not Provided, 30 year

Seller

Gustavo Martinez Padilla

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: 09/20/2024 at 4:30 PM

Listing updated: 06/13/2024 at 2:14 PM

Listed by: Gladys Martinez, Elite Properties & Investments Phone #: (561) 203-6442

MLS: SEF #A11580186

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