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$727,500

Beds
1
Baths
1.0
sq ft
709

3101 Bayshore Dr Unit 1501, Fort Lauderdale, FL 33304

3101 Bayshore Dr Unit 1501

Fort Lauderdale, FL 33304

  • 61 days on market
Dramatic sweeping southern views! corner high floor one bedroom in luxurious "W Residences" on upper floor of full service "W"resort features generous spaces, king size bedroom, balcony, w/d, panoramic views of the intracoastal waterway & Atlantic ocean. Two heated pools, gym, spa and 3 top tier restaurants are part of the complex and close walking distance to everything in a convenient beach location. Turn key and ready to go with an ongoing tenant in place. Located in a beautiful luxury resort setting, this condo is ideal as a residence, second home or investment property, and a premier investment with strong revenue history. Very flexible rental options for owners and so easy to manage. Best of all -- only steps to the ocean's edge! Can be rented out from one day to 365 days per year.

Details

Property type

Condominium

Est. home value

$700,197

Lot size

Unknown

Price per sq ft

$1,027

Year built

2010

Annual property taxes

$9,842

Monthly HOA fee

$1,433

Price History

05/06/2024
Beaches

Beaches #F10437489

Listed
$727,500
07/31/2023
Beaches

Beaches #F10377627

Sold
$727,500

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

$165,068
Asking price
$727,500
Closing costs (~8% of asking)
-$58,200
Est. remaining loan balance
-$504,232
Cash to seller
$165,068

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

Seller’s Loan History

Lender

Network Capital Funding Corp

Loan start date

July 2023

Original loan amount

$509,250

Est. remaining balance

$504,232

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Philip A Arnone

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: 07/06/2024 at 2:35 AM

Listing updated: 06/03/2024 at 10:58 AM

Listed by: Barry Henry Bauman, Balistreri Real Estate Inc Phone #: (954) 489-3100

MLS: Beaches #F10437489

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