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$1,299,900

Beds
4
Baths
2.5
sq ft
2,152

313 Monroe Dr, West Palm Beach, FL 33405

313 Monroe Dr

West Palm Beach, FL 33405

  • 61 days on market
Discover 313 & 315 Monroe Dr, an enchanting 1920s Florida-style home with detached guest house steps from Flagler Drive and the waterfront in the esteemed Palm Beach Public Elementary School district This restored gem features original hardwood floors, modern impact windows, and spacious living areas. The first floor includes formal living and dining rooms a sunlit Florida Room, and a contemporary kitchen Upstairs three spacious bedrooms offer abundant closet space and natural light Outside enjoy a private backyard with a deck and picturesque cottage featuring vaulted ceilings and updated amenities Currently a turnkey Airbnb this exquisite residence in Southland Park offers comfort and elegance with recent enhancements throughout.

Details

Property type

Single Family Residence

Est. home value

$1,276,430

Lot size

6,355 sq ft

Price per sq ft

$605

Year built

1925

Annual property taxes

$19,102

Price History

10/21/2024
SEF

SEF #A11679724

Listed
$1,299,900
+21.49%
03/16/2022
Beaches

Beaches #R10760664

Sold
$1,070,000
+328%
12/17/2014
Beaches

Beaches #R9998892

Sold
$250,000

Schools & Community

Neighborhood: 

Propect-Southland Park

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

$386,053
Asking price
$1,299,900
Closing costs (~8% of asking)
-$103,992
Est. remaining loan balance
-$809,855
Cash to seller
$386,053

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

Seller’s Loan History

Lender

Bmo Harris Bank Na

Loan start date

March 2022

Original loan amount

$856,000

Est. remaining balance

$809,855

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Elizabeth Maliakkal and Nandakumar Maliakkal

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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Status: Active

Tomo last checked: 12/22/2024 at 9:35 AM

Listing updated: 12/15/2024 at 4:05 PM

Listed by: Andrew Moresi, North 2 South Realty Int'l Inc Phone #: (954) 533-3936

MLS: SEF #A11679724

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