tomo logo

$999,500

Beds
4
Baths
3.0
sq ft
2,422

397 Pompano Dr, Key Largo, FL 33037

397 Pompano Dr

Key Largo, FL 33037

  • 255 days on market
    • Price drop $95,500↓
This property is located on a double-sized corner lot of 12,050 sq. ft. It's conveniently positioned off US1, just an hour's drive from Miami. The house has a 2-bedroom, 2-bathroom living space on the upper floor, with a screened porch. The downstairs has a separate, 2-bedroom, 1-bathroom in-law suite, currently an entertainment haven with a bar, TV, family room, kitchen, and bath. The property features a fenced backyard and front yard with lush tropical landscaping and custom, covered seating areas for outdoor dining and lounging. Renovated in 2015 with all-new appliances, it comes fully furnished, making it move-in ready for the new owner.

Details

Property type

Single Family Residence

Est. home value

$841,736

Lot size

Unknown

Price per sq ft

$413

Year built

1982

Annual property taxes

$5,832

Price History

05/23/2024
SEF

SEF #A11510406

Price change
$999,500
-8.72%
02/21/2024
SEF

SEF #A11510406

Price change
$1,095,000
-8.37%
01/29/2024
SEF

SEF #A11510406

Price change
$1,195,000
-7.72%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Justin Bright Irrevocable Trust

Loan start date

November 2022

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.7%

Loan type

Building or Construction Loan

Seller

Rt Drapery & Furniture Inc

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: 09/18/2024 at 9:30 PM

Listing updated: 09/01/2024 at 4:07 PM

Listed by: Olga Grant, Swenson & Ecuyer Realty Phone #: (305) 367-3600

MLS: SEF #A11510406

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