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$799,000

Beds
3
Baths
2.5
sq ft
1,884

340 SW 16th St, Fort Lauderdale, FL 33315

340 SW 16th St

Fort Lauderdale, FL 33315

  • 84 days on market
    • Price drop $50,500↓
    • Open house Jul 03
Luxurious Portofino Townhome Residence newly constructed in 2019. Only 12 units in this contemporary development with close proximity to major highways, downtown nightlife, the airport, Brightline, the beach, hospital, marinas, and fine dining. Preferred two-story corner unit with private two car garage and additional yard space. Features include: refrigerated wine bar, ample storage, second floor balcony, custom build-ins, added storage, large island kitchen, stainless steel appliances, flex space, walk in primary closet, impact windows, large bathrooms, and PVC fencing with room for plunge pool.

Details

Property type

Townhouse

Est. home value

$805,555

Lot size

Unknown

Price per sq ft

$425

Year built

2019

Annual property taxes

$8,649

Monthly HOA fee

$540

Price History

06/17/2024
Beaches

Beaches #F10433500

Price change
$799,000
-5.94%
05/03/2024
Beaches

Beaches #F10433500

Price change
$849,500
-1.79%
04/10/2024
Beaches

Beaches #F10433500

Listed
$865,000
-1.14%

Schools & Community

Neighborhood: 

Croissant 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

$362,825
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$372,255
Cash to seller
$362,825

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

January 2020

Original loan amount

$408,000

Est. remaining balance

$372,255

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

William Aaron Waldman and Giana Pacinelli

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: 07/03/2024 at 1:25 PM

Listing updated: 07/02/2024 at 8:03 PM

Listed by: Marc Brandt, Douglas Elliman Phone #: (954) 874-0740

MLS: Beaches #F10433500

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