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$1,003,263Estimated home value

Beds
2
Baths
2.0
sq ft
1,176

3101 Bayshore Dr Unit 1104, Fort Lauderdale, FL 33304

3101 Bayshore Dr Unit 1104

Fort Lauderdale, FL 33304

  • Sold On 9/3/2024
    • Price drop $50,000↓
Amazing unit with beautiful ocean views from the World renowned W Residences, in the metropolis of Ft Lauderdale. Oversized balconies, towering floor-to-ceiling windows, and panoramic beach and city views set the tone of W Fort Lauderdales signature ambiance. Unrivaled investment opportunity offering spectacular ROI as the building has no rental restrictions. Virtual tours are available for out of town, and remote buyers.

Details

Property type

Hotel/Motel

Est. home value

$1,003,263

Lot size

Unknown

Price per sq ft

$740

Year built

2011

Annual property taxes

$14,760

Monthly HOA fee

$1,622

Price History

08/29/2024
SEF

SEF #A11528874

Sold
$845,000
-2.87%
07/29/2024
SEF

SEF #A11528874

Pending
$870,000
06/27/2024
SEF

SEF #A11528874

Price change
$870,000
-5.43%

Schools & Community

Neighborhood: 

Central Beach Alliance

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$243,465
Asking price
$870,000
Closing costs (~8% of asking)
-$69,600
Est. remaining loan balance
-$556,935
Cash to seller
$243,465

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

Seller’s Loan History

Lender

Premium Mortgage Corp

Loan start date

October 2021

Original loan amount

$595,000

Est. remaining balance

$556,935

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Talarmes 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?

Status: Off Market

Tomo last checked: 10/04/2024 at 11:05 PM

Listing updated: 09/03/2024 at 3:51 PM

Listed by: Javier Ortiz, Douglas Elliman Phone #: (305) 695-6060

MLS: SEF #A11528874

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