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$449,000

Beds
4
Baths
3.0
sq ft
2,222

2781 NW 24th St, Fort Lauderdale, FL 33311

2781 NW 24th St

Fort Lauderdale, FL 33311

  • <1 day on market
Investor’s Dream! This property offers an incredible opportunity with a 10% cap rate, making it a perfect choice for those looking to maximize their investment returns. Featuring a main unit and a non-conforming second unit in the rear, this property allows for potential added income and flexibility in use. With the right touch, this gem has outstanding potential to generate consistent cash flow. Don’t miss out on this chance to capitalize on a lucrative investment in a prime location!

Details

Property type

Single Family Residence

Est. home value

$432,841

Lot size

6,825 sq ft

Price per sq ft

$203

Year built

1958

Annual property taxes

$8,516

Price History

11/09/2024
SEF

SEF #A11690860

Listed
$449,000
+45.78%
03/15/2021
Beaches

Beaches #F10263493

Sold
$308,000

Schools & Community

Neighborhood: 

Rock Island

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

$172,112
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$240,968
Cash to seller
$172,112

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

March 2021

Original loan amount

$262,650

Est. remaining balance

$240,968

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Cristina Benitez

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: 11/14/2024 at 11:15 AM

Listing updated: 11/13/2024 at 7:05 PM

Listed by: Cristina Benitez, Keller Williams Realty Premier Properties Phone #: (305) 595-2844

MLS: SEF #A11690860

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