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$279,000

Beds
1
Baths
1.0
sq ft
710

2555 NE 11th St Unit 806, Fort Lauderdale, FL 33304

2555 NE 11th St Unit 806

Fort Lauderdale, FL 33304

  • 23 days on market
This stylish ocean & intracoastal view 1-bed, 1-bath condo in the heart of Coral Ridge offers instant cash flow with tenants in place. Recently completed 40yr, building has clean financials. Perfect for long term investors. Located just 0.5 miles from Fort Lauderdale Beach, and steps from Publix, Starbucks, Galleria, and within the top-rated Bayview school district. Nearby parks and easy access to Las Olas, Downtown, and I-95, all making daily life both convenient and enjoyable. Amenities include a secure lobby, parking, a pool, BBQ area, and a pet-friendly policy for two pets under 25 lbs. Live a lifestyle of luxury surrounded by multi-million dollar homes in sought-after Coral Ridge.

Details

Property type

Condominium

Est. home value

$287,422

Lot size

Unknown

Price per sq ft

$393

Year built

1965

Annual property taxes

$1,143

Monthly HOA fee

$586

Price History

10/30/2024
Beaches

Beaches #F10468807

Listed
$279,000
+16.25%
05/23/2024
Beaches

Beaches #F10415844

Sold
$240,000
-3.61%
04/22/2024
Beaches

Beaches #F10415844

Pending
$249,000

Schools & Community

Neighborhood: 

Coral Ridge

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

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

$142,180
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$114,500
Cash to seller
$142,180

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2013

Original loan amount

$147,625

Est. remaining balance

$114,500

Interest rate

4.5%

Loan type

New Conventional, 30 year

Seller

Holly Jackson

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: 11/21/2024 at 9:55 PM

Listing updated: 11/12/2024 at 7:45 PM

Listed by: Michael Haines, Keller Williams Realty Profess Phone #: (954) 630-7020

MLS: Beaches #F10468807

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