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$5,595,000

Beds
3
Baths
3.5
sq ft
3,332

3000 S Ocean Blvd Unit 203, Palm Beach, FL 33480

3000 S Ocean Blvd Unit 203

Palm Beach, FL 33480

  • 251 days on market
    • Price drop $400,000↓
Direct oceanfront 3 Bedroom 3.5 bath with soaring 10.4 ceilings....This Fabulous unit lives like a home without the hassle! It's a fabulous beach house with a large oceanfront terrace off all major rooms situated in a prestigious, gated full-service building for those that want the privacy of this exclusive building with elevators directly into the unit and three parking spaces too. Chef's eat-in kitchen with center island, featuring a Wolfe Gas Oven/stove, ocean views ,and access to the oceanfront terrace. The discerning buyer will love this full service condominium with gym, theater, tennis court, billiard room, oceanfront pool and spa and two pets ,no weight restrictions, are welcome! A very desirable Poolside Cabana is available, priced separately.

Details

Property type

Condominium

Est. home value

$3,978,249

Lot size

Unknown

Price per sq ft

$1,680

Year built

2006

Annual property taxes

$42,895

Monthly HOA fee

$5,700

Price History

11/01/2024
Beaches

Beaches #R10978600

Price change
$5,595,000
-6.67%
04/16/2024
Beaches

Beaches #R10978600

Listed
$5,995,000
04/06/2024
Beaches

Beaches #R10879918

Removed
$5,995,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Tennis Court(s)

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

$4,661,288
Asking price
$5,595,000
Closing costs (~8% of asking)
-$447,600
Est. remaining loan balance
-$486,112
Cash to seller
$4,661,288

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

Seller’s Loan History

Lender

Fifth Third Bank

Loan start date

September 2020

Original loan amount

$536,250

Est. remaining balance

$486,112

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Stephen T Peacock and Elizabeth J Peacock

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 8:55 AM

Listing updated: 12/10/2024 at 12:49 PM

Listed by: Linda Olsson, Linda R. Olsson, Inc. Phone #: (561) 820-9195

MLS: Beaches #R10978600

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