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$1,650,000

Beds
2
Baths
2.0
sq ft
1,745

2917 S Ocean Blvd Unit 702, Highland Beach, FL 33487

2917 S Ocean Blvd Unit 702

Highland Beach, FL 33487

  • 122 days on market
    • Price drop $145,000↓
NEWLY renovated 2BR/2BA in the prestigious boutique condominium ''Trafalgar'' with substantial reserves. This modern, cozy 7th floor residence offers breathtaking panoramic views of the Ocean and Intracoastal Waterway from every angle, framed by a city skyline backdrop. Spacious wraparound balcony, accessible from each room (renovated 2024). Newly installed IMPACT windows. Recently completed resurfacing project (2024). FULLY renovated with high-end finishes, including elegant Kovacs lighting, Kohler and Delta fixtures, top-tier LG appliances, quartz countertops, and brand-new flooring. Walk-in closets in both bedrooms. Master bath featuring a deep soaking tub and walk-in shower. Generous closet space throughout. Trafalgar offers an uncrowded beach, oceanfront pool and terrace with hot

Details

Property type

Condominium

Est. home value

$1,193,845

Lot size

Unknown

Price per sq ft

$946

Year built

1980

Annual property taxes

$12,543

Monthly HOA fee

$2,890

Price History

02/08/2025
Beaches

Beaches #R11031544

Price change
$1,650,000
-8.08%
10/24/2024
Beaches

Beaches #R11031544

Listed
$1,795,000
+127.22%
08/05/2020
Beaches

Beaches #R10619884

Sold
$790,000

Schools & Community

Elementary school: 

J. C. Mitchell

Middle school: 

Boca Raton Community

High school: 

Boca Raton Community

Community features: 

Pool, Sidewalks

Number of units in community: 

57

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

$1,057,560
Asking price
$1,650,000
Closing costs (~8% of asking)
-$132,000
Est. remaining loan balance
-$460,440
Cash to seller
$1,057,560

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

August 2020

Original loan amount

$510,000

Est. remaining balance

$460,440

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Mark Gor and Elena Scherer

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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Status: Active

Tomo last checked: 02/23/2025 at 1:30 AM

Listing updated: 02/12/2025 at 12:51 PM

Listed by: Nick Diamond, Red Apple Real Estate LLC Phone #: (561) 213-8306

MLS: Beaches #R11031544

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