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$520,000

Beds
2
Baths
2.0
sq ft
1,482

3456 S Ocean Blvd Unit 5050, Palm Beach, FL 33480

3456 S Ocean Blvd Unit 5050

Palm Beach, FL 33480

  • 47 days on market
    • Price drop $30,000↓
Spectacular Palm Beach Ocean and Intracoastal views 2 bed, 2 bath condo. Large suit w/master bath and walk-in closet, breakfast area, oversized balcony. 2 car parking under roof. Pool with ocean deck. Sauna. Barbecue Area. Down steps to private Beach. Gym, library Game Room. Dorman. Bicycle And Surfing Storage. Walking Distance to Supermarket, Pharmacy, Several Restaurants, Bank and prestigious hotels. Ideal for enjoying a relaxed living or entertaining.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$351

Year built

1980

Annual property taxes

$2,565

Monthly HOA fee

$1,214

Price History

08/20/2024
SEF

SEF #A11628249

Price change
$520,000
-5.45%
08/07/2024
SEF

SEF #A11628249

Price change
$550,000
-5.17%
07/31/2024
SEF

SEF #A11628249

Price change
$580,000
-6.45%

Schools & Community

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

$446,466
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$31,934
Cash to seller
$446,466

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

Seller’s Loan History

Lender

Washington Mutual Bank Fa

Loan start date

July 2002

Original loan amount

$67,000

Est. remaining balance

$31,934

Interest rate

6.76%

Loan type

Not Provided, 30 year

Seller

Enrique Simovich and Sara Simovich

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: 09/08/2024 at 6:45 AM

Listing updated: 09/04/2024 at 3:57 PM

Listed by: Guillermo Simovich, United Realty Group, Inc Phone #: (561) 235-2127

MLS: SEF #A11628249

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