tomo logo

$464,500

Beds
1
Baths
1.0
sq ft
874

3801 S Ocean Dr Dr Unit 4Y, Hollywood, FL 33019

3801 S Ocean Dr Dr Unit 4Y

Hollywood, FL 33019

  • 64 days on market
    • Price drop $12,500↓
INVESTOR OPPORTUNITY! 1 Bedroom 1 Bath Residence at THE TIDES ON HOLLYWOOD BEACH Ocean Front Condominium. Ocean View and fully equipped/furnished unit. Currently operated as a short term rental business with top reviews. NO RENTAL RESTRICTIONS RENOVATED BUILDING WITH CONSTANT IMPROVEMENTS RESORT STYLE POOL FITNESS ROOM BUSINESS LOUNGE VALET PARKING SECURED LOBBY MINI MARKET ON SITE WITH RESTAURANT SERVICE AND NEW BEACH SERVICE!

Details

Property type

Condominium

Est. home value

$436,383

Lot size

Unknown

Price per sq ft

$532

Year built

1969

Annual property taxes

$7,568

Monthly HOA fee

$931

Price History

08/23/2024
Beaches

Beaches #F10451784

Price change
$464,500
-2.62%
07/18/2024
Beaches

Beaches #F10451784

Listed
$477,000

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$230,490
Asking price
$464,500
Closing costs (~8% of asking)
-$37,160
Est. remaining loan balance
-$196,850
Cash to seller
$230,490

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

Seller’s Loan History

Lender

First Magnus Financial Corp

Loan start date

May 2007

Original loan amount

$304,900

Est. remaining balance

$196,850

Interest rate

6.17%

Loan type

Not Provided, 30 year

Seller

Amarilis Benitez

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: 09/20/2024 at 5:50 AM

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

Listed by: Alan Roy Miculitzki, M18 Property Group Phone #: (305) 915-1145

MLS: Beaches #F10451784

Beaches logo

Recently listed in Hollywood