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$899,000

Beds
4
Baths
3.0
sq ft
2,244

2707 Monroe St, Hollywood, FL 33020

2707 Monroe St

Hollywood, FL 33020

  • 78 days on market
    • Price drop $6,000↓
PRICE DROP ! Discover this exceptional midcentury 3/2 modern residence on a 20,000 sq ft lot. Includes a separate detached cottage currently used as in-law quarters. Super-sized saltwater pool with diving board in outstanding private setting. The recently installed photovoltaic solar panel system allows the new owners to enjoy immediate energy savings. The panels generate total coverage, and the only monthly payment is $29.99 per month to stay connected to the FPL grid--a savings of approximately $6,000 per year. If you've ever considered the benefits of solar and dreamed of avoiding rising energy costs, this property is the perfect chance to embrace renewable energy. Must-see Located just minutes from I-95 Hollywood beach, downtown Hollywood, Aventura mall, FTL airport. Flood Zone X500.

Details

Property type

Single Family Residence

Est. home value

$888,659

Lot size

0.46 acres

Price per sq ft

$401

Year built

1953

Annual property taxes

$6,249

Price History

02/17/2025
Beaches

Beaches #F10473923

Price change
$899,000
-0.66%
12/06/2024
Beaches

Beaches #F10473923

Listed
$905,000
+178.46%
11/14/2014
Beaches

Beaches #H919245

Sold
$325,000

Schools & Community

Neighborhood: 

Highland Garden

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

$468,209
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$358,871
Cash to seller
$468,209

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

Seller’s Loan History

Lender

Space Coast Cu

Loan start date

February 2022

Original loan amount

$382,000

Est. remaining balance

$358,871

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Marjeeta Geerling and Michael Crumpton

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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Status: Active

Tomo last checked: 02/22/2025 at 6:20 PM

Listing updated: 02/17/2025 at 11:45 AM

Listed by: Ilene McMenamin, McElliot Properties Phone #: (954) 523-8849

MLS: Beaches #F10473923

Beaches logo

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