tomo logo

$2,299,000

Beds
5
Baths
4.0
sq ft
3,620

375 SW 16th St, Boca Raton, FL 33432

375 SW 16th St

Boca Raton, FL 33432

  • <1 day on market
Discover luxury in this renovated home in the only gated community within 2 miles of downtown Boca. This stunning residence boasts 3,800 SqFt of sophisticated living space located 4 minutes to The Boca Raton Resort and Trader Joes, 7 to the Beach, Mizner Park restaurants, 13 to the Town Center Mall. Flooded with natural light, this home showcases $400K+ in upgrades featuring Canadian hardwood floors, impact windows and a new roof. The grand entrance leads to a formal living room with a fireplace and soaring ceilings. The chef's kitchen boasts dual dishwashers, a pot filler, and an oversized island. The family room adjoins the kitchen overlooking the pool in the central courtyard, creating an ideal space for entertaining and relaxation. Enjoy al fresco dining in the screened patio!

Details

Property type

Single Family Residence

Est. home value

$2,088,404

Lot size

8,799 sq ft

Price per sq ft

$636

Year built

1995

Annual property taxes

$14,259

Monthly HOA fee

$166.67

Price History

03/19/2025
SEF

SEF #A11767098

Listed
$2,299,000
+144.57%
08/01/2016
Beaches

Beaches #R10238854

Sold
$940,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$1,816,871
Asking price
$2,299,000
Closing costs (~8% of asking)
-$183,920
Est. remaining loan balance
-$298,209
Cash to seller
$1,816,871

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

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

September 2020

Original loan amount

$330,500

Est. remaining balance

$298,209

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Madhav Ghanta and Ritu Pahwa

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: 03/20/2025 at 7:00 AM

Listing updated: 03/19/2025 at 8:05 PM

Listed by: Ritu Rani Pahwa PA, Phone #: (321) 209-0593

MLS: SEF #A11767098

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