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$629,999

Beds
2
Baths
2.0
sq ft
1,200

350 SE 2nd St Unit 1140, Fort Lauderdale, FL 33301

350 SE 2nd St Unit 1140

Fort Lauderdale, FL 33301

  • 258 days on market
    • Price drop $30,000↓
Amazing opportunity to own this beautiful unit! Located in the heart of downtown Fort Lauderdale & Las Olas. Walk to numerous restaurants, including YOLO, bars & shops. Split 2 bedrooms/2 bathrooms. Great eastern views of downtown Fort Lauderdale. Master bathroom features dual sinks & separate shower & tub. Built-in closets. Washer/Dryer inside unit. 350 Las Olas Place offers resort-style living with 24-hour front door security, valet parking, deeded parking, roof-top pool & jacuzzi, state-of-the-art theatre room, Pet-friendly building (2 pets maximum of 50 lbs. each). Building is surrounded by retail business, restaurants & bars. Located close to the beach, major expressways & the airport.

Details

Property type

Condominium

Est. home value

$579,473

Lot size

Unknown

Price per sq ft

$525

Year built

2005

Annual property taxes

$7,704

Monthly HOA fee

$950

Price History

04/03/2024
SEF

SEF #A11510920

Price change
$629,999
-4.55%
03/13/2024
SEF

SEF #A11510920

Price change
$659,999
-2.94%
01/08/2024
SEF

SEF #A11510920

Listed
$679,999
+47.83%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

30

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

$191,256
Asking price
$629,999
Closing costs (~8% of asking)
-$50,400
Est. remaining loan balance
-$388,343
Cash to seller
$191,256

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2021

Original loan amount

$414,000

Est. remaining balance

$388,343

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Tamara Leung

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: 09/22/2024 at 1:30 PM

Listing updated: 04/03/2024 at 3:05 PM

Listed by: Judith Cole, J C Homes & Company, Inc. Phone #: (786) 290-3343

MLS: SEF #A11510920

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