tomo logo

$1,095,000

Beds
3
Baths
3.5
sq ft
2,125

309 E Ocean Ave Unit 205, Lantana, FL 33462

309 E Ocean Ave Unit 205

Lantana, FL 33462

  • 2 days on market
Luxurious coastal living awaits you! This stunning condo boasts an expansive open floor plan, perfect for entertaining & enjoying breathtaking direct views of the Intracoastal. Beautifully finished, this home exemplifies modern elegance & comfort.Discover a bright & airy living space that seamlessly connects the living, dining & kitchen areas, all bathed in natural light from the sweeping wrap around balcony.The split bedroom layout ensures privacy & tranquility, making it an ideal haven for family & guests. Indulge in resort-style amenities w/ a sparkling pool,state of the art workout area overlooking the water & possible dockage.Spend your days lounging by the pool or taking a stroll to the beach. Explore the vibrant local scene w/ an array of restaurants & shops just around the corner!

Details

Property type

Condominium

Est. home value

$1,147,361

Lot size

1.71 acres

Price per sq ft

$516

Year built

2006

Annual property taxes

$14,569

Monthly HOA fee

$2,575

Price History

03/14/2025
Beaches

Beaches #R11071574

Listed
$1,095,000
-15.44%
09/24/2024
Beaches

Beaches #R10970766

Removed
$1,295,000
09/23/2024
Beaches

Beaches #R10970766

Listed
$1,295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Park

Number of units in community: 

33

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

$720,608
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$286,792
Cash to seller
$720,608

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2019

Original loan amount

$322,000

Est. remaining balance

$286,792

Interest rate

4.35%

Loan type

New Conventional, 30 year

Seller

Dianne Cramer and Peter Cramer

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: 03/17/2025 at 5:40 AM

Listing updated: 03/15/2025 at 1:15 AM

Listed by: Laura Mae Gallagher, William Raveis Real Estate Phone #: (561) 576-7085

MLS: Beaches #R11071574

Beaches logo

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