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$7,250,000

Beds
6
Baths
6.5
sq ft
5,526

324 Coconut Isle Dr, Fort Lauderdale, FL 33301

324 Coconut Isle Dr

Fort Lauderdale, FL 33301

  • 128 days on market
    • Price drop $425,000↓
**Fully Renovated Luxury Waterfront Home on Coconut Isle** Welcome to your dream home on Coconut Isle, just steps from the ocean and vibrant Las Olas. Experience ultimate luxury living with over 7,000 sq. ft. and 80 feet of water frontage. Enjoy breathtaking views from both floors in this stunning 6-bedroom, 6-bathroom estate, including an office. French oak floors create a warm ambiance. The chef’s kitchen features Miele appliances, gas range, and built-in wine storage. The expansive master suite is a true retreat, complete with designer closets, a master spa, and a private sauna. Entertain in the great room with a fireplace and stunning stonework, or relax outside by the pool, spa, outdoor kitchen, and pergola. This is your chance to own a piece of paradise on Coconut Isle.

Details

Property type

Single Family Residence

Est. home value

$4,428,213

Lot size

0.23 acres

Price per sq ft

$1,312

Year built

2003

Annual property taxes

$62,446

Price History

11/20/2024
SEF

SEF #A11641568

Price change
$7,250,000
-5.54%
08/16/2024
SEF

SEF #A11641568

Listed
$7,675,000
+94.3%
07/19/2023
SEF

SEF #A11383913

Sold
$3,950,000

Schools & Community

Neighborhood: 

Las Olas Isles

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

$3,560,064
Asking price
$7,250,000
Closing costs (~8% of asking)
-$580,000
Est. remaining loan balance
-$3,109,936
Cash to seller
$3,560,064

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

July 2023

Original loan amount

$3,160,000

Est. remaining balance

$3,109,936

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Gregory Blanco

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 3:45 PM

Listing updated: 12/20/2024 at 3:00 PM

Listed by: Gregory Blanco, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11641568

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