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$745,000

Beds
2
Baths
1.0
sq ft
1,096

3809 S Olive Ave, West Palm Beach, FL 33405

3809 S Olive Ave

West Palm Beach, FL 33405

  • 47 days on market
    • Price drop $50,000↓
Great opportunity to customize this property located at the gateway to Palm Beach island.Excellent location East of US 1 near the waterfront. Currently it's a charming 2 bedroom / 1 bath but can easily be converted to a 3/2.

Details

Property type

Single Family Residence

Est. home value

$598,425

Lot size

5,019 sq ft

Price per sq ft

$680

Year built

1928

Annual property taxes

$6,832

Price History

01/27/2025
Beaches

Beaches #R11045652

Price change
$745,000
-6.29%
01/13/2025
Beaches

Beaches #R11045652

Price change
$795,000
-11.17%
12/17/2024
Beaches

Beaches #R11045652

Listed
$895,000
+72.12%

Schools & Community

Neighborhood: 

Central Park

Elementary school: 

Palmetto (Miami Dade)

Middle school: 

Unknown

High school: 

Forest Hill

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

$518,596
Asking price
$745,000
Closing costs (~8% of asking)
-$59,600
Est. remaining loan balance
-$166,804
Cash to seller
$518,596

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

November 2012

Original loan amount

$233,700

Est. remaining balance

$166,804

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Mark D Evans

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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Status: Active

Tomo last checked: 02/02/2025 at 5:10 AM

Listing updated: 01/31/2025 at 2:37 PM

Listed by: Jules Franco, Century 21 America's Choice Phone #: (561) 659-3630

MLS: Beaches #R11045652

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