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$2,400,000

Beds
3
Baths
2.5
sq ft
2,831

3740 S Ocean Blvd Unit 407, Highland Beach, FL 33487

3740 S Ocean Blvd Unit 407

Highland Beach, FL 33487

  • 129 days on market
    • Price drop $899,000↓
A PRIVATE ELEVATOR OPENS TO A CONTEMPORARY SOUGHT AFTER AREZZO GRAND MODEL 3 BEDROOMS BOASTING 2842 SQ FT UNDER AIR AND 3132 TOTAL WITH 2 BALCONIES TO ENJOY SUNSETS AND SUNRISES . A STUNNING REMODELED HUGE KITCHEN A CHEFS DREAM FOR ENTERTAINING FAMILY AND GUESTS. A FORMAL DINING ROOM AND A LIVING ROOM WITH 3 BEDROOMS OFFERS LIVING IN A SPACIOUS HOME IN A CONDO ENVIRONMENT. TOSCANA HAS ALL THE AMENITIES OF A RESORT LIFESTYLE! CONCIERGE, VALETS, 3 POOLS, TOWEL AND ATTENDANTS SERVICE, PRIVATE BEACH PAVILION, TENNIS COURTS, BBQ''S FITNESS ROOM, CARD ROOM PARTY ROOM, BILLIARD ROOM. TOSCANA IS PERFECTLY LOCATED BETWEEN BOCA RATON AND TRENDY FUN DELRAY BEACH.

Details

Property type

Condominium

Est. home value

$1,904,546

Lot size

Unknown

Price per sq ft

$848

Year built

2004

Annual property taxes

$19,535

Monthly HOA fee

$2,653

Price History

11/07/2024
Beaches

Beaches #R11001118

Price change
$2,400,000
-27.25%
08/21/2024
Beaches

Beaches #R11001118

Price change
$3,299,000
-4.38%
07/02/2024
Beaches

Beaches #R11001118

Listed
$3,450,000
+176%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

421

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

$1,340,669
Asking price
$2,400,000
Closing costs (~8% of asking)
-$192,000
Est. remaining loan balance
-$867,331
Cash to seller
$1,340,669

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

May 2021

Original loan amount

$937,500

Est. remaining balance

$867,331

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Frank Enrico Olivieri and Nancy Schure Olivieri

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: 11/08/2024 at 11:45 AM

Listing updated: 11/06/2024 at 9:45 PM

Listed by: Judith Randon, Judith Randon Realty Phone #: (561) 706-7746

MLS: Beaches #R11001118

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