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$599,000

Beds
2
Baths
2.0
sq ft
1,080

347 N New River Dr E Unit 2705, Fort Lauderdale, FL 33301

347 N New River Dr E Unit 2705

Fort Lauderdale, FL 33301

  • 108 days on market
    • Price drop $20,000↓
Stunning Sunsets from this HIGH FLOOR 2 bedroom 2 bathroom. Enjoy Views of the River & Vibrant Las Olas from all Rooms of this Split Bedroom floor plan. Wood Appearence Luxury Vinyl Throughout, Bright Redesigned kitchen with Quartz Countertops Leads to the Living Areas with Floor to Ceiling Sliders Opening to a Glass Balcony, As you Watch the Boats Going by. 5 Star Amenities Include 24 Hour Front Desk & Security, Concierge, Lap Pool, 2 Story Fitness Center, Spa & Sauna, 3 BBQ Grills with beautiful grilling area & more!

Details

Property type

Condominium

Est. home value

$673,259

Lot size

Unknown

Price per sq ft

$555

Year built

2004

Annual property taxes

$8,606

Monthly HOA fee

$1,100

Price History

10/04/2024
Beaches

Beaches #F10454077

Price change
$599,000
-3.23%
08/21/2024
Beaches

Beaches #F10454077

Price change
$619,000
-3.13%
07/31/2024
Beaches

Beaches #F10454077

Listed
$639,000
+55.85%

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

$269,809
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$281,271
Cash to seller
$269,809

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2021

Original loan amount

$307,500

Est. remaining balance

$281,271

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Kevin L Thompson

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: 11/16/2024 at 7:50 AM

Listing updated: 10/04/2024 at 3:46 PM

Listed by: Debra Steinhardt, D'Angelo Realty Group LLC Phone #: (954) 763-1222

MLS: Beaches #F10454077

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