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$725,000

Beds
2
Baths
2.0
sq ft
1,080

347 N New River Dr E Unit 1908, Fort Lauderdale, FL 33301

347 N New River Dr E Unit 1908

Fort Lauderdale, FL 33301

  • 64 days on market
    • Price drop $24,000↓
Beautiful, totally remodeled 2/2 condo unit at the WaterGarden , one of the most desirable buildings in all of Fort Lauderdale. Las Olas living at its best. Building located right on the river. Condo features split bedroom plan, glass balcony, unobstructed city views, porcelain floors throughout, gourmet kitchen, customs closets, roller shades in living area, blinds and blackout roller shades in bedrooms, washer/dryer in kitchen. Building offers resort amenities, front desk, concierge, pool, spa, movie theater, movie nights, library, club room, gym, business center, game/billiard room, 24-Hr complimentary valet Walking distance to restaurants, shops, events. and GreenWise market on Las Olas Boulevard.

Details

Property type

Condominium

Est. home value

$629,847

Lot size

Unknown

Price per sq ft

$672

Year built

2004

Annual property taxes

$9,832

Monthly HOA fee

$1,105

Price History

06/10/2024
SEF

SEF #A11578794

Price change
$725,000
-3.2%
04/30/2024
SEF

SEF #A11578794

Listed
$749,000
+78.33%
05/28/2021
Beaches

Beaches #F10277439

Sold
$420,000

Schools & Community

Neighborhood: 

Downtown

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

$338,355
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$328,645
Cash to seller
$338,355

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

Seller’s Loan History

Lender

Home Financial Group Llc

Loan start date

November 2021

Original loan amount

$347,700

Est. remaining balance

$328,645

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Medardo Felipe Cevallos and Ruth Monica Garcia

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: 07/03/2024 at 11:40 AM

Listing updated: 06/10/2024 at 12:44 PM

Listed by: Ruth Garcia, United Realty Group Inc. Phone #: (954) 450-2000

MLS: SEF #A11578794

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