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$895,000

Beds
2
Baths
2.0
sq ft
1,400

2860 S Ocean Blvd Unit 205, Palm Beach, FL 33480

2860 S Ocean Blvd Unit 205

Palm Beach, FL 33480

  • 115 days on market
Coastal Perfection on the Intracoastal! This beautifully renovated (brand new) condo features open kitchen, gracious entertaining spaces, TWO bedrooms and TWO bathrooms with beautiful intracoastal views, impact windows, two parking spaces and more! La Palma is a wonderful waterfront offering in Palm Beach. Ocean Access, lovely pool area, GUEST SUITE for visitors and all offered in a private wonderfully managed building. This unit needs nothing-move right in and enjoy the winter season in Palm Beach

Details

Property type

Condominium

Est. home value

$557,672

Lot size

Unknown

Price per sq ft

$640

Year built

1971

Annual property taxes

$6,001

Monthly HOA fee

$1,441

Price History

07/30/2024
Beaches

Beaches #R11008666

Listed
$895,000
+220.21%
02/02/2021
Beaches

Beaches #R10636439

Sold
$279,500
+11.8%
03/04/2019
Beaches

Beaches #R10475018

Sold
$250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$655,130
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$168,270
Cash to seller
$655,130

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2019

Original loan amount

$187,500

Est. remaining balance

$168,270

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Stephanie Dardanello

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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3200 S Ocean Blvd Unit D, Palm Beach, FL 33480

Status: Active

Tomo last checked: 11/22/2024 at 4:30 PM

Listing updated: 09/30/2024 at 4:37 PM

Listed by: Patrick Letourneau, One Sotheby's International Re Phone #: (561) 694-0058

MLS: Beaches #R11008666

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