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$450,000

Beds
1
Baths
1.5
sq ft
883

3001 S Ocean Dr Unit 601, Hollywood, FL 33019

3001 S Ocean Dr Unit 601

Hollywood, FL 33019

  • 13 days on market
One-of-a-kind luxury beachfront loft/studio, fully renovated by owner/architect. Features 1.5 bathrooms. Italian tile floors (24x48), new ceilings, walls, GE electrical panel and wiring, LED dimmable lighting, new A/C ducts with linear vents, Nest thermostat, new plumbing, automated electric curtains, and blackout shades. Custom-made closets with 17 storage spaces. Open kitchen concept with large peninsula, high-end cabinets, new Samsung stainless steel appliances. Designed office with high-end cabinetry, desk, lighting, and pocket door for privacy. Open bedroom with full bathroom including his and hers, standup shower, mirrors, lighting, and outdoor storage unit. Guest bathroom fully custom-built. Assoc. includes water, internet, cable, WiFi, up to 2 parking spaces, and valet parking.

Details

Property type

Condominium

Est. home value

$442,430

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$510

Year built

1966

Annual property taxes

$6,705

Monthly HOA fee

$950

Price History

06/27/2024
SEF

SEF #11611318

Listed
$450,000
+106.42%
10/17/2017
SEF

SEF #A10255905

Sold
$218,000

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Hollywood Centl

Middle school: 

Unknown

High school: 

Hallandale High

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

$293,883
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$120,117
Cash to seller
$293,883

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

August 2020

Original loan amount

$155,000

Est. remaining balance

$120,117

Interest rate

2.58%

Loan type

New Conventional, 15 year

Seller

Humberto Arias Avila and Janet Lilian Gonzalez

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: 07/10/2024 at 1:25 AM

Listing updated: 06/27/2024 at 2:05 PM

Listed by: Gilda Ignacio, United Realty Group Inc Phone #: (954) 536-5300

MLS: SEF #11611318

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