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$329,000

Beds
1
Baths
1.0
sq ft
940

2555 NE 11th St Unit 503, Fort Lauderdale, FL 33304

2555 NE 11th St Unit 503

Fort Lauderdale, FL 33304

  • 242 days on market
Discover your dream coastal retreat in Fort Lauderdale with this impeccably remodeled and fully furnished unit. Just moments away from the pristine beaches, this property is an incredible investment opportunity. Whether you're eyeing lucrative rental returns or envisioning it as your permanent sanctuary, this unit embodies both adaptability and sophistication. Its prime location near shopping avenues, exquisite dining spots, and entertainment venues elevate its desirability. Ideal for those seeking immediate rental revenue or a stylish haven to call your own, this unit promises the epitome of coastal living. Immerse yourself in luxurious finishes and conveniences that redefine modern comfort. Seize the opportunity to own a slice of paradise. Don't let this chance slip away!

Details

Property type

Condominium

Est. home value

$261,936

Lot size

Unknown

Price per sq ft

$350

Year built

1980

Annual property taxes

$3,986

Monthly HOA fee

$465

Price History

04/25/2024
Beaches

Beaches #F10436439

Listed
$329,000
+93.53%
04/07/2021
Beaches

Beaches #F10270581

Sold
$170,000

Schools & Community

Neighborhood: 

Coral Ridge

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

97

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

$193,563
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$109,117
Cash to seller
$193,563

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

March 2021

Original loan amount

$119,000

Est. remaining balance

$109,117

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Jennsen Varela

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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524 Orton Ave Unit 604, Fort Lauderdale, FL 33304

Status: Active

Tomo last checked: 12/22/2024 at 8:30 PM

Listing updated: 12/10/2024 at 12:49 PM

Listed by: Iliana Ivanova, Posh Estates Phone #: (954) 655-7375

MLS: Beaches #F10436439

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