tomo logo

$399,000

Beds
2
Baths
2.0
sq ft
1,498

3589 S Ocean Blvd Unit 305, Palm Beach, FL 33480

3589 S Ocean Blvd Unit 305

South Palm Beach, FL 33480

  • 12 days on market
Light and Bright! Updated 2/2 facing east with lovely ocean views between the buildings. Step inside to discover a spacious floor plan, featuring generous living area with wet bar, perfect for both relaxing and entertaining. Large windows flood the space with natural light, while sliding glass doors lead to your private balcony, where you can enjoy your own ocean views.The owners have upgraded this unit to include new impact windows and doors, custom window treatments, removal of popcorn ceilings, new paint throughout, new tile backsplash in the kitchen, and the addition of new Bosch washer & dryer. This unit is in mint condition and will not last long. Move right in and enjoy for season!

Details

Property type

Condominium

Est. home value

$419,402

Lot size

Unknown

Price per sq ft

$267

Year built

1974

Annual property taxes

$6,050

Monthly HOA fee

$1,880

Price History

12/10/2024
Beaches

Beaches #R11044010

Listed
$399,000
-6.11%
11/05/2024
Beaches

Beaches #R10935992

Removed
$424,980
10/31/2024
Beaches

Beaches #R10935992

Price change
$424,980

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

234

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

$228,199
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$138,881
Cash to seller
$228,199

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

April 2021

Original loan amount

$150,500

Est. remaining balance

$138,881

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

David Hardy Coursey and Scott Douglas Higley

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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3605 S Ocean Blvd Unit 311, Palm Beach, FL 33480

Status: Active

Tomo last checked: 12/22/2024 at 10:30 AM

Listing updated: 12/11/2024 at 9:25 PM

Listed by: Brian Mahoney, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R11044010

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