tomo logo

$9,795,000

Beds
8
Baths
8.5
sq ft
6,845

401 Lido Dr, Fort Lauderdale, FL 33301

401 Lido Dr

Fort Lauderdale, FL 33301

  • 140 days on market
    • Price drop $200,000↓
LAS OLAS MODERN 2022 CONSTRUCTION! SOARING CEILINGS AND WALLS OF GLASS! 3 STORY CATHEDRAL OF NATURAL LIGHT! FEATURES INCLUDE TOP OF THE LINE FINISHES AND AN OPEN FLOOR PLAN FOR GRAND ENTERTAINING! 8 BEDROOMS ALL EN-SUITE BEDROOMS AND WALK IN CLOSETS! MASSIVE LOFT AND BAR ON THIRD FLOOR WITH PLENTY OF BALCONY TO TAKE IN SUNSETS! PREMIUM STAINLESS STEEL ELEVATOR! 100' DEEPWATER NO FIXED BRIDGE DOCKAGE 5 MINUTES TO PORT EVERGLADES! 3 CAR GARAGE COULD BE 6 CAR WITH LIFTS! OTHER FEATURES INCLUDE FLOATING DRYWALL, ZERO-TRIM DOORS, SILVER LEAF ACCENTS IN THE BATHROOMS, MIELE APPLIANCES AND SCHUCO WINDOWS AND DOORS! MASSIVE POOL AREA AND OUTDOOR KITCHEN! WHY WAIT TO BUILD WHEN YOU CAN START LIVING YOUR LIFE NOW!

Details

Property type

Single Family Residence

Est. home value

$9,012,732

Property condition

Updated/Remodeled

Lot size

0.24 acres

Price per sq ft

$1,431

Year built

2022

Annual property taxes

$134,392

Price History

08/22/2024
Beaches

Beaches #F10449490

Price change
$9,795,000
-2%
07/05/2024
SEF

SEF #A11423622

Removed
$9,995,000
07/05/2024
Beaches

Beaches #F10449490

Listed
$9,995,000

Schools & Community

Neighborhood: 

Las Olas Isles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Restaurant

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

$7,088,961
Asking price
$9,795,000
Closing costs (~8% of asking)
-$783,600
Est. remaining loan balance
-$1,922,439
Cash to seller
$7,088,961

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

Seller’s Loan History

Lender

Stifel Bank & Trust

Loan start date

May 2022

Original loan amount

$2,000,000

Est. remaining balance

$1,922,439

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Lewis Okin

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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615 Royal Plaza Dr, Fort Lauderdale, FL 33301

Status: Active

Tomo last checked: 11/22/2024 at 3:35 AM

Listing updated: 09/30/2024 at 5:33 PM

Listed by: Jeff Greenberg, Coast Properties of S. Florida Phone #: (954) 224-5737

MLS: Beaches #F10449490

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