tomo logo

$1,445,000

Beds
3
Baths
3.5
sq ft
2,115

3101 S Ocean Dr Unit 1005, Hollywood, FL 33019

3101 S Ocean Dr Unit 1005

Hollywood, FL 33019

  • 25 days on market
Welcome to Luxury Ocean living at its finest! A private elevator opens to your own foyer, 3 Bedrooms, 3 1/2 Bathrooms, 2 parking spaces, this exquisite residence located at Ocean Palms offers a breathtaking ocean view from every room, top of the line appliances, subzero, motorized custom shades in the master bedroom, marble floors, laundry room. Unit can be rented 2 times per year, 30 days minimum. 5-Star Amenities include media room, billiards room, fitness center, sauna, tennis court and more. Within close proximity to restaurants, shopping. Just minutes to airport, Aventura Mall and all major roads. Publix supermarket across the street!..For showings please READ remarks!..Unit is sold Furnished. Parking space P1: #157 & #158

Details

Property type

Condominium

Est. home value

$1,438,021

Lot size

Unknown

Price per sq ft

$684

Year built

2005

Annual property taxes

$23,273

Monthly HOA fee

$2,162

Price History

10/28/2024
SEF

SEF #A11573586

Removed
$1,490,000
+3.11%
10/28/2024
SEF

SEF #A11683701

Listed
$1,445,000
-3.02%
04/22/2024
SEF

SEF #A11573586

Listed
$1,490,000
+45.37%

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Hollywood Centl

Middle school: 

Olsen

High school: 

Hallandale High

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

$673,100
Asking price
$1,445,000
Closing costs (~8% of asking)
-$115,600
Est. remaining loan balance
-$656,300
Cash to seller
$673,100

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

Seller’s Loan History

Lender

Liberty Mortgage Lending

Loan start date

January 2021

Original loan amount

$717,500

Est. remaining balance

$656,300

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Wayne Timothy Jackson and Beverly Yvonne Jackson

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: 11/22/2024 at 3:40 PM

Listing updated: 11/11/2024 at 6:45 PM

Listed by: Silvana Sosa, Florida.Doc Inc Phone #: (786) 514-8150

MLS: SEF #A11683701

SEF logo

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