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$1,499,000

Beds
Unknown
sq ft
6,014

2731 NE 1st Ter Unit 1-4, Wilton Manors, FL 33334

2731 NE 1st Ter Unit 1-4

Wilton Manors, FL 33334

  • 50 days on market
    • Price drop $251,000↓
Great Investment Opportunity in Wilton Manors complex. 3/2.5 main house (currently rented as a 2/1.5 & non rented Studio apartment) Back of property has a beautiful pool area and 3 large 1/1 apartments with walk-in-closets. All units have central a/c and private back areas. Laundry room in courtyard. Plenty of parking available. DO NOT DISTURB TENANTS! All units are currently rented. Rents are very below market value. No sign on property. This is a great opportunity to live in East Wilton Manors and have the rental income help pay your mortgage! This very unique property can be AIRNB daily or rent annually as well! All in heart of WILTON MANORS PLEASE CALL TO SHOW WONT LAST!!

Details

Property type

Est. home value

$1,318,055

Lot size

0.3 acres

Price per sq ft

$250

Year built

1956

Annual property taxes

$21,338

Price History

10/17/2024
Beaches

Beaches #R11026003

Price change
$1,499,000
-14.34%
10/03/2024
Beaches

Beaches #R11026003

Listed
$1,750,000

Schools & Community

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

$857,834
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$521,246
Cash to seller
$857,834

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

March 2022

Original loan amount

$550,000

Est. remaining balance

$521,246

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Igal Abraham

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: 11/22/2024 at 1:35 PM

Listing updated: 10/23/2024 at 7:05 PM

Listed by: Julian Soffer, Keller Williams Realty Boca Raton Phone #: (561) 997-0500

MLS: Beaches #R11026003

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