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$5,995,000

Beds
5
Baths
5.5
sq ft
3,752

306 Cordova Rd, West Palm Beach, FL 33401

306 Cordova Rd

West Palm Beach, FL 33401

  • 46 days on market
    • Price drop $204,000↓
    • Open house Dec 22
Turnkey and newly renovated down to the studs, this rare luxury opportunity in El Cid offers a legally designated multifamily estate with three unique addresses. Built in 1946 with rare CBS construction, it features new plumbing and electric from the street. The 3/3.5 main house boasts custom white oak floors, Botticino marble baths, and a two-car garage, while the guest house offers two private suites with kitchens and laundry. Outdoors, enjoy a 20x35 pool, Turkish travertine, and Chicago brick courtyard. Just one block from Flagler Dr. and minutes to Palm Beach.

Details

Property type

Single Family Residence

Est. home value

$3,686,602

Lot size

8,368 sq ft

Price per sq ft

$1,598

Year built

1946

Annual property taxes

$47,081

Price History

12/22/2024
Beaches

Beaches #R11034727

Price change
$5,995,000
-3.29%
11/06/2024
Beaches

Beaches #R11034727

Listed
$6,199,000
+10.8%
10/07/2024
SEF

SEF #A11631091

Removed
$5,595,000

Schools & Community

Neighborhood: 

El Cid

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ev & Gv Holdings Llc

Loan start date

December 2023

Original loan amount

$2,800,000

Est. remaining balance

Not provided

Interest rate

7.79%

Loan type

Balloon

Seller

Bhb Equestrian Llc

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 10:20 AM

Listing updated: 12/22/2024 at 12:15 AM

Listed by: Nereyda Aquino, Tortoise Realty Group, LLC Phone #: (561) 758-2588

MLS: Beaches #R11034727

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