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$9,012,732Estimated home value

Beds
8
Baths
8.5
sq ft
8,880

401 Lido Dr, Fort Lauderdale, FL 33301

401 Lido Dr

Fort Lauderdale, FL 33301

  • Off market
    • Price drop $1,004,000↓
This masterfully designed, brand new construction modern waterfront residence located in the desirable Las Olas Isles showcases seamless indoor-outdoor living and an exquisite blend of luxurious finishes throughout. Boasting 100 ft of waterfront with no fixed bridges, this impressive 3-story home is your gateway to the Floridian lifestyle. This waterfront estate features 8 bedrooms, 8 full bathrooms and 1 half bath, 8,880 square feet of living all on a 10,500 square foot lot.

Details

Property type

Single Family Residence

Est. home value

$9,012,732

Lot size

0.24 acres

Price per sq ft

$1,126

Year built

2022

Annual property taxes

$25,181

Price History

07/05/2024
Beaches

Beaches #F10449490

Listed
$9,995,000
07/05/2024
SEF

SEF #A11423622

Removed
$9,995,000
04/09/2024
SEF

SEF #A11423622

Price change
$9,995,000
-9.13%

Schools & Community

Neighborhood: 

Las Olas Isles

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

$7,261,731
Asking price
$9,995,000
Closing costs (~8% of asking)
-$799,600
Est. remaining loan balance
-$1,933,669
Cash to seller
$7,261,731

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

$1,933,669

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: Off Market

Tomo last checked: 07/05/2024 at 10:55 PM

Listing updated: 04/09/2024 at 3:44 PM

Listed by: Daniel Hertzberg, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11423622

SEF logo

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