tomo logo

$659,000

Beds
2
Baths
2.0
sq ft
1,210

2860 S Ocean Blvd Unit 415, Palm Beach, FL 33480

2860 S Ocean Blvd Unit 415

Palm Beach, FL 33480

  • 333 days on market
    • Price drop $36,000↓
This fantastic 2/2 chic unit has impact doors and windows. The kitchen has brand new state-of-the-art appliances and amazing quartz countertops. Located in La Palma - a full service building on the Intracoastal. Building comes with a full time manager, 24/7 doorman, saunas, updated gym, BBQ area and a gorgeous heated saltwater pool on the intracoastal. La Palma has a 2/1 rentable guest unit for an owner that needs additional guest space. Ocean is across the street with deeded beach access. Ideal location - close to public Par 3 Golf & Al Fresco restaurant, local tennis, Lake Worth Beach Pier and seasonal farmer's market on Saturdays. La Palma is located across the street from the Four Seasons Resort. Enjoy local dining and shopping. Close to Palm Beach International Airport.

Details

Property type

Condominium

Est. home value

$527,505

Lot size

Unknown

Price per sq ft

$545

Year built

1971

Annual property taxes

$3,732

Monthly HOA fee

$1,249

Price History

08/16/2024
Beaches

Beaches #R10953592

Price change
$659,000
-5.18%
01/25/2024
Beaches

Beaches #R10953592

Listed
$695,000
+47.87%
12/02/2022
Beaches

Beaches #R10829012

Sold
$470,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

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

$261,312
Asking price
$659,000
Closing costs (~8% of asking)
-$52,720
Est. remaining loan balance
-$344,968
Cash to seller
$261,312

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2022

Original loan amount

$352,500

Est. remaining balance

$344,968

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Devrim Selcuk and Hulya Selcuk

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: 12/23/2024 at 3:00 AM

Listing updated: 12/10/2024 at 12:48 PM

Listed by: Xiomara Ordonez, Illustrated Properties Phone #: (561) 366-1121

MLS: Beaches #R10953592

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