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$490,000

Beds
2
Baths
1.5
sq ft
1,010

3505 S Ocean Dr Unit 1203, Hollywood, FL 33019

3505 S Ocean Dr Unit 1203

Hollywood, FL 33019

  • 292 days on market
ACROSS FROM THE INTRACOASTAL & DIRECTLY ON THE BEACH! Totally Renovated, New Appliances, New A/C, Designer Furnished. Lease 12x/Year, 30 Day Min. Making This A Great Investment And Perfect To Use As A Secondary Home, or Make It Your Primary Residence! Sold Turn Key Complete. Alexander Towers, Like Many Other Oceanfront Buildings, Is Undergoing Restoration For The 50 Year Recertification Includes New Hurricane Windows & Balcony Doors, Exterior Concrete Work Including Balconies, New Glass Balcony Railings & Exterior Painting. Assessment Transfers To Buyer At Closing, $474.49/mo; Total $54,230 Community Amenities Include Private Beach Access, Large Pool Deck, Pool & Beach Attendant, Valet Service, Front Desk Concierge. ~ Across The Street Is A New Publix Supermarket Opening This Summer.

Details

Property type

Condominium

Est. home value

$344,740

Lot size

Unknown

Price per sq ft

$486

Year built

1964

Annual property taxes

$7,886

Monthly HOA fee

$922

Price History

03/09/2024
SEF

SEF #A11547459

Listed
$490,000
+88.46%
03/26/2021
SEF

SEF #A10903222

Sold
$260,000

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

268

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

$284,277
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$166,523
Cash to seller
$284,277

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

March 2021

Original loan amount

$182,000

Est. remaining balance

$166,523

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Raul D Bello and Diana M Bello

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: 12/26/2024 at 7:00 AM

Listing updated: 12/14/2024 at 4:15 PM

Listed by: Stirling Ambrose, Stirling Real Estate Phone #: (954) 534-9740

MLS: SEF #A11547459

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