tomo logo

$1,150,000

Beds
2
Baths
2.0
sq ft
1,740

3360 S Ocean Blvd Unit 1, Palm Beach, FL 33480

3360 S Ocean Blvd Unit 1

Palm Beach, FL 33480

  • 218 days on market
This lanai unit is located directly on the oceanfront and features a terrace that wraps the entire length of the home. It is an exciting find in the highly coveted E line of the Thirty-Three Sixty building in Palm Beach! The home has two bedrooms, two bathrooms, and newly updated impact-resistant windows and doors, making it bright and airy. Additionally, you can customize the space to your specific taste. The building is currently undergoing a multi-million dollar refurbishment and offers 5-star amenities. Thirty-Three Sixty is a well-managed and maintained prime oceanfront building. It is the first time this home has been available for purchase in 22 years, so don't miss out on this exquisite find!

Details

Property type

Condominium

Est. home value

$1,190,571

Lot size

Unknown

Price per sq ft

$661

Year built

1980

Annual property taxes

$4,839

Monthly HOA fee

$1,696

Price History

04/19/2024
Beaches

Beaches #R10980041

Listed
$1,150,000
+109.09%
10/28/2020
Beaches

Beaches #R10560401

Sold
$550,000
+4.76%
04/19/2018
Beaches

Beaches #R10384824

Sold
$525,000
+4.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Park, Street Lights, Sidewalks, Tennis Court(s)

Number of units in community: 

90

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

$962,215
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$95,785
Cash to seller
$962,215

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2018

Original loan amount

$248,000

Est. remaining balance

$95,785

Interest rate

3.9%

Loan type

New Conventional, 10 year

Seller

John A Ray

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 9:05 PM

Listing updated: 11/12/2024 at 10:45 PM

Listed by: Sherry A Snider, Coldwell Banker Realty Phone #: (561) 622-5000

MLS: Beaches #R10980041

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