tomo logo

$3,700,000

Beds
Unknown
sq ft
Unknown

343 E Royal Palm Rd, Boca Raton, FL 33432

343 E Royal Palm Rd

Boca Raton, FL 33432

  • 35 days on market
Amazing opportunity to develop a 4 Unit building in Downtown Boca Raton. Plans are approved by the city and include renderings for four luxurious 3,500 SF apartments, each with three bedrooms, three bathrooms, den/flex space and exceptional balconies. The building has lush green spaces, a rooftop deck, and stunning golf course views.

Details

Property type

Lot size

7,377 sq ft

Price per sq ft

Unknown

Year built

Unknown

Annual property taxes

$24,024

Price History

10/01/2024
Beaches

Beaches #R11025502

Listed
$3,700,000
-1.33%
09/09/2024
Beaches

Beaches #R10890365

Removed
$3,750,000
07/19/2024
Beaches

Beaches #R10890365

Price change
$3,750,000
-6.25%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fleet Mortgage Corp

Loan start date

December 1999

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

7.85%

Loan type

New Conventional

Seller

Allen D Kophelm

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: 11/05/2024 at 2:30 PM

Listing updated: 10/02/2024 at 8:37 AM

Listed by: Jen Kilpatrick, The Corcoran Group Phone #: (561) 278-0433

MLS: Beaches #R11025502

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