tomo logo

$2,950,000

Beds
3
Baths
3.5
sq ft
2,777

3535 S Ocean Dr Unit 2302, Hollywood, FL 33019

3535 S Ocean Dr Unit 2302

Hollywood, FL 33019

  • 50 days on market
    • Price drop $400,000↓
Experience the pinnacle of luxury at the Diplomat Residences, an exclusive beachfront resort. This unit offers direct, unobstructed ocean views, making you feel like you're standing directly on the ocean and walking on water. It features a private elevator opening directly into the property and has been remodeled with the finest finishes. The condo boasts extra-high ceilings and an open kitchen with continuous, unobstructed ocean views. Both secondary bedrooms offer ocean and intercoastal views along with walk-in closets. Enjoy over 500 sq. ft. of wraparound terraces. Resort-style amenities include a heated pool, valet parking, fitness center, theater room, BBQ areas, and beach service. With almost 2800 sq. ft. of living area, this is a must-see!

Details

Property type

Condominium

Est. home value

$3,259,703

Lot size

Unknown

Price per sq ft

$1,063

Year built

2006

Annual property taxes

$45,186

Monthly HOA fee

$3,746

Price History

10/29/2024
Beaches

Beaches #F10461413

Price change
$2,950,000
-11.94%
10/04/2024
Beaches

Beaches #F10461413

Listed
$3,350,000
+34.27%
07/22/2021
SEF

SEF #A10443662

Sold
$2,495,000

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Hollywood Central

Middle school: 

Olsen

High school: 

Hallandale High

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

$1,601,187
Asking price
$2,950,000
Closing costs (~8% of asking)
-$236,000
Est. remaining loan balance
-$1,112,813
Cash to seller
$1,601,187

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

Seller’s Loan History

Lender

Fifth Third Bank Na

Loan start date

July 2021

Original loan amount

$1,200,000

Est. remaining balance

$1,112,813

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Barry Romeril

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: 11/22/2024 at 8:40 PM

Listing updated: 10/31/2024 at 12:35 PM

Listed by: Laura Sanders, RE/MAX Direct Phone #: (954) 426-5400

MLS: Beaches #F10461413

Beaches logo

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