tomo logo

$795,000

Beds
3
Baths
2.0
sq ft
1,578

2860 S Ocean Blvd Unit 214, Palm Beach, FL 33480

2860 S Ocean Blvd Unit 214

Palm Beach, FL 33480

  • 3 days on market
BEST PRICED 3 BEDROOM RENOVATED CONDO ON THE WATER! Located Direct Intracoastal with Ocean Across the Street. Spacious Apartment with Huge Balcony at desirable La Palma. Doorman building with full amenities including: salt water pool, fitness,, guest apartment. Best location near Four Seasons Resort, Par 3 golf course, restaurants, shopping, farmers market.

Details

Property type

Condominium

Est. home value

$761,896

Lot size

Unknown

Price per sq ft

$504

Year built

1971

Annual property taxes

$8,964

Monthly HOA fee

$1,674

Price History

12/19/2024
Beaches

Beaches #R11046008

Listed
$795,000
06/01/2024
Beaches

Beaches #R10894867

Removed
$795,000
06/01/2023
Beaches

Beaches #R10894867

Listed
$795,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

91

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

$326,681
Asking price
$795,000
Closing costs (~8% of asking)
-$63,600
Est. remaining loan balance
-$404,719
Cash to seller
$326,681

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

July 2022

Original loan amount

$420,000

Est. remaining balance

$404,719

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

William F Murray

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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117 Lake Ave Unit 204, Lake Worth Beach, FL 33460

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Price drop
Beaches
$699,900
3 bd
|
2 ba
|
1,700 sq ft
|
House

532 N Palmway, Lake Worth Beach, FL 33460

Status: Active

Tomo last checked: 12/22/2024 at 5:40 AM

Listing updated: 12/19/2024 at 12:55 PM

Listed by: Donald Gorbach, Gorbach Realty Phone #: (561) 707-6210

MLS: Beaches #R11046008

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