tomo logo

$133,000

Beds
2
Baths
2.0
sq ft
1,100

357 N Rock Island Rd Unit 407, Margate, FL 33063

357 N Rock Island Rd Unit 407

Margate, FL 33063

  • 96 days on market
    • Price drop $6,000↓
LOWEST PRICED 2/2 IN COMMUNITY!! Spacious 2/2 top floor condo in peaceful Palm Lakes Community. 1 occupant must be at least 55. Enjoy the convenience of a washer dryer inside your unit. Laminate flooring. Split bedroom floor plan. Primary bedroom has walk in closet and access to the oversized balcony. Gorgeous tropical greenery and lake views. Extra storage. The clubhouse features 2 heated pools, tennis, shuffleboard, sauna, exercise room, billiards, and BBQ Pavilion. Convenient location close to Shopping, public transportation, restaurants, Publix, Walgreens, and banks nearby. 2 pets, max 20# each. No lease 1st year owned, then 2x/yr., minimum 90 days. Association requires a minimum credit score of 650 and minimum annual income of $40,000. Please see attached Rules & Regs and documents

Details

Property type

Condominium

Est. home value

$207,064

Lot size

Unknown

Price per sq ft

$121

Year built

1980

Annual property taxes

$2,773

Monthly HOA fee

$671.67

Price History

07/06/2024
Beaches

Beaches #F10441522

Price change
$133,000
-4.32%
06/25/2024
Beaches

Beaches #F10441522

Price change
$139,000
-6.71%
06/15/2024
Beaches

Beaches #F10441522

Listed
$149,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Standard Federal Bank

Loan start date

June 1999

Original loan amount

$39,200

Est. remaining balance

Not provided

Interest rate

6.88%

Loan type

New Conventional

Seller

Virginia Eatherton and Rena Coll

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?

Similar Homes Nearby

Price drop
Beaches
$137,000
2 bd
|
2 ba
|
1,100 sq ft
|
Condo

363 N Rock Island Rd Unit 302, Margate, FL 33063

SEF
$135,900
2 bd
|
2 ba
|
930 sq ft
|
Condo

7857 Golf Circle Dr Unit 212, Margate, FL 33063

Price drop
SEF
$134,000
2 bd
|
2 ba
|
990 sq ft
|
Condo

601 NW 80th Ter Unit 201, Margate, FL 33063

Status: Active

Tomo last checked: 09/19/2024 at 12:15 PM

Listing updated: 08/23/2024 at 10:07 PM

Listed by: Joann Edwards, Balistreri Real Estate Inc Phone #: (954) 489-3100

MLS: Beaches #F10441522

Beaches logo