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$458,520Estimated home value

Beds
2
Baths
2.0
sq ft
1,100

3505 S Ocean Dr Unit 716, Hollywood, FL 33019

3505 S Ocean Dr Unit 716

Hollywood, FL 33019

  • Off market
BEST LOCATION CONVENIENT TO EVERYTHING ~ DIRECTLY ON THE BEACH W PRIVATE BEACH ACCESS ~ OCEAN VIEWS FROM EVERY ROOM! Alexander Towers Will Look Shiny & New Once Complete With New Hurricane Windows & Balcony Doors, New Balcony & Glass Balcony Railings, Fresh Exterior Painting! Great To Live Here Full or Part Time; Rare Flexible Leasing Option 12x/Year, 30 Day Minimum. Pool & Beach Attendant, 24/7 Valet and Front Desk Concierge. Publix Supermarket Opening Across The Street. Maintenance $1006.35/mo, Assessment $517.84/mo Approx 164 months left, Assessment Total: $59,184.82, over 15 years. Buyer Continues Assessment Payments After Closing

Details

Property type

Condominium

Est. home value

$458,520

Lot size

Unknown

Price per sq ft

$505

Year built

1964

Annual property taxes

$9,227

Monthly HOA fee

$1,006

Price History

09/25/2024
SEF

SEF #A11649875

Removed
$555,000
08/29/2024
SEF

SEF #A11649875

Listed
$555,000
+32.14%
04/04/2022
SEF

SEF #A11093612

Sold
$420,000

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

277

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

$341,513
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$169,087
Cash to seller
$341,513

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

June 2022

Original loan amount

$175,000

Est. remaining balance

$169,087

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Lombardo & Canabe Associates Llc

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: Off Market

Tomo last checked: 11/08/2024 at 9:25 AM

Listing updated: 09/14/2024 at 8:07 PM

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

MLS: SEF #A11649875

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