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$135,413Estimated home value

Beds
1
Baths
1.0
sq ft
735

2800 NW 56th Ave Unit D304, Lauderhill, FL 33313

2800 NW 56th Ave Unit D304

Lauderhill, FL 33313

  • Sold On 9/23/2021
**INVESTOR OPPORTUNITY** This Fully Remodeled 1/1 condo on the 3rd floor was completely remodeled in June 2018 and is a turn-key investment to add to your rental portfolio. Unit has newer porcelain tile throughout, newer tankless water heater with brand new electrical panel, A/C unit was completely replaced in June 2018 along with all new stainless steel appliances. Updated Kitchen cabinetry with tile backsplash, HUGE walk-in closet and screened in balcony. Updated bathroom with newer toilet and vanity. Currently rented to an EXCELLENT tenant at $925 p/m (market rent is $1100+) and lease expires 6/30/22. UPWARDS OF 10% ROI AT MARKET RENT. LOW COA fees of $232.75 and parking lots just re-paved community wide. Conveniently located to major highways, shopping. CASH ONLY-See attachments!

Details

Property type

Condominium

Est. home value

$135,413

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$109

Year built

1979

Annual property taxes

$1,886

Monthly HOA fee

$232

Price History

04/01/2025
Beaches

Beaches #R11038385

Removed
$90,000
03/11/2025
Beaches

Beaches #R11038385

Price change
$90,000
-14.29%
01/06/2025
Beaches

Beaches #R11038385

Price change
$105,000
-4.55%

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

$34,379
Asking price
$79,990
Closing costs (~8% of asking)
-$6,399
Est. remaining loan balance
-$39,212
Cash to seller
$34,379

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

Seller’s Loan History

Lender

American Home Mortgage Corp

Loan start date

September 2006

Original loan amount

$63,507

Est. remaining balance

$39,212

Interest rate

6.63%

Loan type

FHA, 30 year

Seller

Racquel Gibson

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: Off Market

Tomo last checked: 04/03/2025 at 10:40 PM

Listing updated: 03/29/2023 at 2:17 PM

Listed by: Mitchell Lvovsky, Cutting Edge Investments & Realty Inc Phone #: (954) 547-1962

MLS: SEF #A11058605

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