tomo logo

$4,700,000

Beds
5
Baths
5.0
sq ft
5,500

253 Tropic Dr, Lauderdale By The Sea, FL 33308

253 Tropic Dr

Lauderdale By The Sea, FL 33308

  • 2 days on market
Boater's paradise with 90' dock on deep water, ocean access no fixed bridges with wide turning basin for your vessel. Short walk to beach, restaurants & shops of Lauderdale by the Sea. Large foyer, high ceilings, custom hardwood and marble floors and impact windows throughout. 5 bedrooms, 5 full baths. 1st. floor has large great room, fireplace overlooking private heated jacuzzi and pool. Lush tropical landscaping in garden with custom Tiki Hut with TV.(newly thatched roof 2024). 2nd floor has large entertainment room with balcony, 4 bedrooms, 3 full baths, large laundry room with kitchenette, refrigerator, dishwasher, new LG washer and dryer). 2 separate 2 car garages with EV charging. Huge master, terrace, custom closets, large ensuite bathroom. A pleasure to show!

Details

Property type

Single Family Residence

Est. home value

$3,627,544

Lot size

Unknown

Price per sq ft

$855

Year built

2008

Annual property taxes

$29,000

Price History

09/17/2024
Beaches

Beaches #F10461933

Listed
$4,700,000
+108.89%
07/12/2019
Beaches

Beaches #F10178556

Sold
$2,250,000

Schools & Community

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

$3,968,535
Asking price
$4,700,000
Closing costs (~8% of asking)
-$376,000
Est. remaining loan balance
-$355,465
Cash to seller
$3,968,535

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

April 2020

Original loan amount

$474,000

Est. remaining balance

$355,465

Interest rate

2.95%

Loan type

New Conventional, 15 year

Seller

Mary K Hayes Macaluso and Thomas H Hayes Macaluso

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: 09/19/2024 at 5:40 AM

Listing updated: 09/18/2024 at 4:45 AM

Listed by: Michele A Holtzheuser, Florida Luxurious Properties Phone #: (954) 870-4080

MLS: Beaches #F10461933

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