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$199,000

Beds
1
Baths
1.0
sq ft
1,074

2638 Gately Dr E Unit 12, West Palm Beach, FL 33415

2638 Gately Dr E Unit 12

West Palm Beach, FL 33415

  • 1 day on market
    • Open house Feb 22
This bright and spacious 1-bedroom, 1-bathroom condo offers 1,076 sq. ft. of living space in the highly sought-after Gately 55+ adult community. The unit is in impeccable condition and completely turnkey, with the option to be sold furnished or unfurnished. A large Florida room provides additional living space and can easily be converted into a second bedroom. An in-unit washer and dryer add convenience, and two assigned parking spaces are located right in front of the unit, with additional guest parking available. Ideally situated directly across from the clubhouse, pool, shuffleboard, and tennis courts, this home offers both comfort and accessibility. Schedule a showing today!

Details

Property type

Condominium

Est. home value

$133,774

Lot size

Unknown

Price per sq ft

$186

Year built

1988

Annual property taxes

$528

Monthly HOA fee

$525

Price History

02/20/2025
Beaches

Beaches #R11064169

Listed
$199,000
-7.12%
01/30/2025
Beaches

Beaches #R11013365

Removed
$214,250
01/11/2025
Beaches

Beaches #R11013365

Price change
$214,250
-4.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Tennis Court(s)

Senior community center: 

Yes

Number of units in community: 

134

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

$102,561
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$80,519
Cash to seller
$102,561

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2022

Original loan amount

$85,000

Est. remaining balance

$80,519

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Jorge Cosmo and Norma Cosano

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: 02/21/2025 at 1:20 PM

Listing updated: 02/21/2025 at 9:35 AM

Listed by: Maria I Lopez, LPT Realty, LLC Phone #: (877) 366-2213

MLS: Beaches #R11064169

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