tomo logo

$429,000

Beds
1
Baths
1.5
sq ft
802

2871 N Ocean Blvd Unit M540, Boca Raton, FL 33431

2871 N Ocean Blvd Unit M540

Boca Raton, FL 33431

  • 36 days on market
Make it a one way ticket to paradise! A Perfect piece of real estate rarely available! Your dream getaway awaits in this stunningly renovated modern 1-bedroom penthouse condo, boasting 802 sq ft of luxurious living space. With breathtaking, forever views of the ocean and intracoastal, this retreat is an oasis of tranquility and style.As you step inside, you'll be greeted by a meticulously designed interior featuring a spacious living area flooded with natural light. The large bathroom and sleek stainless steel appliances elevate the modern aesthetic, creating an inviting atmosphere that's perfect for relaxation.But the magic doesn't stop there! Indulge in exclusive amenities that truly set this property apart.

Details

Property type

Condominium

Est. home value

$414,659

Lot size

Unknown

Price per sq ft

$535

Year built

1967

Annual property taxes

$4,759

Monthly HOA fee

$945

Price History

10/18/2024
Beaches

Beaches #R11029799

Listed
$429,000
+43%
02/10/2021
Beaches

Beaches #R10667364

Sold
$300,000
+50%
07/17/2018
Beaches

Beaches #R10354410

Sold
$200,000
-4.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Park

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

$303,274
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$91,406
Cash to seller
$303,274

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2021

Original loan amount

$100,000

Est. remaining balance

$91,406

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Patrick Mclaughlin and Deborah Mclaughlin

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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Beaches
$389,000
2 bd
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Condo

2121 N Ocean Blvd Unit 202W, Boca Raton, FL 33431

Status: Active

Tomo last checked: 11/23/2024 at 3:30 AM

Listing updated: 10/29/2024 at 5:30 PM

Listed by: Terry Larsen, William Raveis Real Estate Phone #: (561) 576-7085

MLS: Beaches #R11029799

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