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$400,000

Beds
1
Baths
1.5
sq ft
1,021

3000 S Ocean Dr Dr Unit 1206, Hollywood, FL 33019

3000 S Ocean Dr Dr Unit 1206

Hollywood, FL 33019

  • 184 days on market
    • Price drop $30,000↓
This oceanview updated georgious unit has been tastefully updated with top of the line porcelein tile, as well as all Samsung top of the line Appliances, and brand new closet doors. The bathrooms have also been updated as well. The building has recently gone through massive renovations. The renovations include, new lobby, concrete restoration, balconies have been redone, brand new carpet in the hallways, entire building has been painted. In addition, completely refinished heated swimming pools, 2 remodeled gyms. Cabanas near the swimming pools have all been remodeled as well. The building also has a Tiki hut for gatherings, in addition to grills near the beachside. You have access to the amenities in both buildings. There are assessments in place and building passed 50 year inspection

Details

Property type

Condominium

Est. home value

$363,290

Lot size

Unknown

Price per sq ft

$392

Year built

1970

Annual property taxes

$3,424

Monthly HOA fee

$997

Price History

11/11/2024
Beaches

Beaches #F10443396

Price change
$400,000
-6.98%
09/18/2024
Beaches

Beaches #F10443396

Price change
$430,000
+2.38%
08/21/2024
Beaches

Beaches #F10443396

Price change
$420,000
-6.67%

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$229,926
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$138,074
Cash to seller
$229,926

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

November 2017

Original loan amount

$161,000

Est. remaining balance

$138,074

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Michael Wayne Edgecombe and Genean Louise Edgecombe

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: 11/22/2024 at 8:10 PM

Listing updated: 11/13/2024 at 9:05 PM

Listed by: Kristine Zelazo, Your Home Sold Guaranteed Realty - Kristine Zelazo Phone #: (786) 570-0360

MLS: Beaches #F10443396

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