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$1,542,471Estimated home value

Beds
4
Baths
3.0
sq ft
2,746

259 Lombardy Ave, Lauderdale By The Sea, FL 33308

259 Lombardy Ave

Lauderdale By The Sea, FL 33308

  • Sold On 11/14/2022
    • Price drop $50,000↓
Opportunity awaits: Here is your chance to purchase a home in the most desirable location in Lauderdale by the Sea! The Sellers started full renovations on the house but haven't finished. The property is being sold As-Is with all existing material, appliances, impact windows & doors, flooring, vanities & more that are currently on site. Completed renovations include freshly diamond-brited & tiled pool with travertine deck, new pvc sewer lines, impact windows & doors in the back two-story extension, large travertine driveway & new interior doors! Seller has tentative plans & pricing to extend the front part of the house out & raise the ceiling to 10' which would increase the living area to over 3,000 sf. Similar sized homes in the area have sold over $2.4M. Walk to beach & downtown LBTS.

Details

Property type

Single Family Residence

Est. home value

$1,542,471

Property condition

Under Construction

Lot size

7,480 sq ft

Price per sq ft

$529

Year built

1956

Annual property taxes

$130

Price History

03/19/2025
SEF

SEF #A11720008

Removed
$2,250,000
02/25/2025
SEF

SEF #A11720008

Price change
$2,250,000
-6.25%
01/14/2025
SEF

SEF #A11720008

Price change
$2,400,000
-4%

Schools & Community

Elementary school: 

Mcnab

Middle school: 

Pompano B.Middle

High school: 

Northeast

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Blue Water Investments Llc

Loan start date

November 2022

Original loan amount

$1,700,000

Est. remaining balance

Not provided

Interest rate

6.29%

Loan type

Purchase Money Mortgage

Seller

J & L Capital Partners Llc

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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SEF
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Status: Off Market

Tomo last checked: 04/01/2025 at 11:10 PM

Listing updated: 03/23/2023 at 12:46 PM

Listed by: Andrew Dittoe, Compass Florida, LLC Phone #: (954) 210-7040

MLS: Beaches #F10346374

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