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$485,000

Beds
1
Baths
1.5
sq ft
905

4001 S Ocean Dr Dr Unit 7H, Hollywood, FL 33019

4001 S Ocean Dr Dr Unit 7H

Hollywood, FL 33019

  • 322 days on market
    • Price drop $65,000↓
EXPERIENCE BREATHTAKING VIEWS OF THE ATLANTIC OCEAN FROM THIS BEAUTIFULLY REMODELED RESIDENCE. BOASTING STAINLESS STEEL KITCHEN APPLIANCES AND A SPACIOUS 970 SQFT LIVING AREA, THIS HOME IS THE EPITOME OF MODERN LUXURY. RESIDENTS CAN ENJOY TOP-TIER AMENITIES INCLUDING A STATE-OF-THE-ART GYM, A DEDICATED BUSINESS CENTER, AND VALET PARKING SERVICES. MAINTENANCE INCLUDES ONE COMPLIMENTARY CAR SPACE & VALET PARKING AT AN EXTRA FEE. THE ENTIRE RESIDENCE FEATURES ELEGANT TILING, ADDING TO ITS SOPHISTICATED CHARM. CONVENIENTLY LOCATED ADJACENT TO THE RENOWNED WESTERN DIPLOMAT HOTEL, VIBRANT CASINOS, AND THE BUSTLING LAS OLAS BLVD, THIS PROPERTY OFFERS BOTH COMFORT AND ENTERTAINMENT. PLUS, WITH NO RENTAL RESTRICTIONS, IT'S AN INVESTOR'S DREAM. SELLER TO PAY ALL ASSESSMENTS.

Details

Property type

Condominium

Est. home value

$562,729

Lot size

Unknown

Price per sq ft

$536

Year built

1969

Annual property taxes

$6,597

Monthly HOA fee

$1,200

Price History

06/11/2024
SEF

SEF #A11456982

Price change
$485,000
-11.82%
01/10/2024
SEF

SEF #A11456982

Price change
$550,000
-4.35%
09/08/2023
SEF

SEF #A11456982

Listed
$575,000

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

$260,662
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$185,538
Cash to seller
$260,662

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

April 2021

Original loan amount

$199,500

Est. remaining balance

$185,538

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Maya Chichinadze and George Pertenava

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: 07/25/2024 at 8:15 PM

Listing updated: 06/11/2024 at 11:54 AM

Listed by: Angie Saltis, Yangzi International Real Estate, LLC. Phone #: (305) 712-3019

MLS: SEF #A11456982

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