tomo logo

$1,200,000

Beds
3
Baths
2.5
sq ft
2,339

3700 S Ocean Blvd Unit 307, Highland Beach, FL 33487

3700 S Ocean Blvd Unit 307

Highland Beach, FL 33487

  • 80 days on market
    • Price drop $50,000↓
Price Reduced AGAIN! A MEGA VALUE at $513 per sq. ft.! ESCAPE THE FREEZING COLD! BUY A SECOND HOME, A LUXURY CONDO BY THE BEACH NEAR BOCA RATON & DELRAY! RESORT STYLE OCEANFRONT COMMUNITY! 2 bedrooms + den that can easily be converted to a 3rd. bedroom! The owner will give a credit to the buyer at closing for the optional conversion of the den into a 3rd bedroom. Quote available upon request. 2,339 sq. ft. of living area. Upgraded palace! New modern entrance doors, beautiful light fixtures, and Travertine floors. Contemporary design kitchen with breakfast area, Poggenpohl cabinets, gorgeous blue Sodalite waterfall countertop with glass tile backsplash. Top of the line Thermador induction stove, Kitchen Aid microwave & oven, Bosch dishwasher, and stainless steel kitchen faucet & sink.

Details

Property type

Condominium

Est. home value

$1,300,542

Lot size

Unknown

Price per sq ft

$514

Year built

2000

Annual property taxes

$11,955

Monthly HOA fee

$3,026

Price History

01/07/2025
Beaches

Beaches #R11034080

Price change
$1,200,000
-4%
12/12/2024
Beaches

Beaches #R11034080

Price change
$1,250,000
-3.85%
11/04/2024
Beaches

Beaches #R11034080

Listed
$1,300,000
+65.61%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Tennis Court(s)

Number of units in community: 

422

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

$532,075
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$571,925
Cash to seller
$532,075

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2021

Original loan amount

$628,000

Est. remaining balance

$571,925

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Martin A Shugar and Maureen Shugar

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: 01/22/2025 at 7:05 PM

Listing updated: 01/17/2025 at 8:35 PM

Listed by: Mayra Stern, Stern Realty Co Phone #: (561) 715-0314

MLS: Beaches #R11034080

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