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$365,000

Beds
1
Baths
1.5
sq ft
841

340 Sunset Dr Unit 1407, Fort Lauderdale, FL 33301

340 Sunset Dr Unit 1407

Fort Lauderdale, FL 33301

  • 5 days on market
LOWEST PRICE UNIT IN ESSEX TOWER! AMAZING 14TH FLOOR 1/1.5 WITH BREATHTAKING VIEWS FROM THE OCEAN TO DOWNTOWN FORT LAUDERDALE! THIS UNIT FEATURES: MARBLE FLOORS THROUGHOUT, IMPACT WINDOWS & DOORS, OPEN KITCHEN WITH WHITE SHAKER CABINETS, A/C (2015), STAINLESS STEEL APPLIANCES, LARGE LIVING ROOM, LARGE BEDROOM WITH WALK IN CLOSET, UPDATED BATHROOMS & MORE! BUILDING HAS COMPLETED 40 YEAR CERTIFICATION, FULLY FUNDED RESERVES, BRAND NEW ROOF, RENOVATED GYM, LIBRARY, COMMON AREAS, THIS IS THE BEST DEAL IN THE BUILDING & BEST VIEWS IN FORT LAUDERDALE...WALKING DISTANCE TO THE BEACH, RESTAURANTS, & MORE! ONE ASSIGNED COVERED PARKING SPACE (BEST SPOT IN BUILDING) 24/7 GUARD AT FRONT DESK FOR SECURITY, STREET PARKING ON SUNSET & MORE!

Details

Property type

Condominium

Est. home value

$338,057

Lot size

Unknown

Price per sq ft

$435

Year built

1971

Annual property taxes

$3,616

Monthly HOA fee

$729.33

Price History

06/26/2024
Beaches

Beaches #F10448220

Listed
$365,000
-3.92%
06/22/2024
Beaches

Beaches #F10415085

Removed
$379,900
05/23/2024
Beaches

Beaches #F10415085

Price change
$379,900
-5%

Schools & Community

Neighborhood: 

Idlewyld

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

$164,356
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$171,444
Cash to seller
$164,356

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

Seller’s Loan History

Lender

New Jersey Lenders Corp

Loan start date

December 2020

Original loan amount

$186,000

Est. remaining balance

$171,444

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Gino V Tozzi Jr

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: 07/01/2024 at 11:15 AM

Listing updated: 07/01/2024 at 8:08 AM

Listed by: Danielle Dilenge, Realty 100 Phone #: (954) 859-2100

MLS: Beaches #F10448220

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