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$400,000

Beds
2
Baths
2.0
sq ft
1,440

3040 Lake Shore Dr Unit 502, Riviera Beach, FL 33404

3040 Lake Shore Dr Unit 502

Riviera Beach, FL 33404

  • 25 days on market
This stunning 2-bedroom, 2-bathroom bayfront condo offers breathtaking views of the water and provides the perfect blend of comfort and luxury living. Located in a desirable area, this spacious home boasts an open-concept layout with large windows that flood the space with natural light.Key Features:2 Bedrooms, 2 Bathrooms: A spacious master suite with its own private en-suite bathroom and ample closet space. The second bedroom is perfect for guests or as a home office.Bayfront Views: Enjoy picturesque views of the bay right from your living room and private balcony, ideal for relaxing or entertaining.Modern Kitchen: Fully equipped with high-end stainless steel appliances, granite countertops, and plenty of cabinet space.

Details

Property type

Condominium

Est. home value

$384,485

Lot size

Unknown

Price per sq ft

$278

Year built

1978

Annual property taxes

$2,182

Monthly HOA fee

$1,222

Price History

11/27/2024
Beaches

Beaches #R11040747

Listed
$400,000
+140.96%
10/15/2013
Beaches

Beaches #R3369958

Sold
$166,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, 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

$309,431
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$58,569
Cash to seller
$309,431

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

November 2017

Original loan amount

$100,000

Est. remaining balance

$58,569

Interest rate

3.13%

Loan type

New Conventional, 15 year

Seller

Robert John Valbuena and Rupert John Tapia Valbuena

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: 12/22/2024 at 9:20 AM

Listing updated: 12/10/2024 at 1:00 PM

Listed by: Lars Demus, EXP Realty LLC Phone #: (888) 883-8509

MLS: Beaches #R11040747

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