tomo logo

$350,000

Beds
1
Baths
1.0
sq ft
746

311 E Ocean Ave Unit 205, Lantana, FL 33462

311 E Ocean Ave Unit 205

Lantana, FL 33462

  • 195 days on market
Waterfront Condo with Stunning Views and Endless Potential, Discover this waterfront gem offering spectacular views of Lantana Cove as you walk up to your door and the tranquil Intracoastal Waterway from your balcony. This condo is full of potential, inviting you to add your personal touch and make it your own. Enjoy the serene vistas of Lantana Cove and the Intracoastal Waterway.Prime Location: Directly across from the famous Old Key Lime House and Ravish on the Ave. Enjoy nearby dining options like Sushi Bin and Kona Bay Cafe. Convenience with a short walk to the beach, fishing pier, and nature preserve. Delight in the well-maintained pool and beautifully kept grounds of Island Towers Condo. Experience front-row views of the spectacular Fourth of July fireworks displays.

Details

Property type

Condominium

Est. home value

$239,501

Lot size

Unknown

Price per sq ft

$470

Year built

1966

Annual property taxes

$3,809

Monthly HOA fee

$730

Price History

06/11/2024
Beaches

Beaches #R10995468

Listed
$350,000
-28.57%
06/10/2024
Beaches

Beaches #R10849431

Removed
$490,000
12/02/2022
Beaches

Beaches #R10849431

Listed
$490,000
+206.25%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$207,284
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$114,716
Cash to seller
$207,284

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

July 2017

Original loan amount

$135,000

Est. remaining balance

$114,716

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Christopher Suraj Persad

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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Price drop
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4500 S Ocean Blvd Unit 405, Palm Beach, FL 33480

Status: Active

Tomo last checked: 12/23/2024 at 5:10 AM

Listing updated: 12/10/2024 at 12:50 PM

Listed by: CB Brown, Hampton Real Estate Group Phone #: (561) 278-5104

MLS: Beaches #R10995468

Beaches logo

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