tomo logo

$1,200,000

Beds
2
Baths
2.0
sq ft
1,286

401 N Birch Rd Unit 1102, Fort Lauderdale, FL 33304

401 N Birch Rd Unit 1102

Fort Lauderdale, FL 33304

  • 42 days on market
The Beach Condo you have been waiting for, Residence 1102, is a Lower Penthouse with the most amazing water views. Steps to Fort Lauderdale Beach's white sands and the Intracoastal Waterway, minutes to Downtown, and a lifestyle on-property like no other! Tiffany House exudes the luxury and convenience that South Florida's dreams are made of. The magic begins upon arrival, valet parking, contemporary lobby, and amenities galore awaiting; on the 3rd floor, Theater Room, Gym with Sauna, Club Room, and a Billiard Lounge & Summer Kitchen. On the 4th floor a relaxing Pool. Plus, Rooftop Pool & restaurant. In addition, Beach Service - 2 Beach Chairs & Umbrella. Be treated like family & enjoy resort-style comforts. Perfect 1031 Exchanged. Rented until October 2024 for $9300 a month.

Details

Property type

Condominium

Est. home value

$1,529,532

Lot size

Unknown

Price per sq ft

$934

Year built

2018

Annual property taxes

$16,323

Monthly HOA fee

$1,888

Price History

08/09/2024
Beaches

Beaches #F10444343

Removed
$1,400,000
+16.67%
08/09/2024
Beaches

Beaches #F10455561

Listed
$1,200,000
-33.33%
06/05/2024
Beaches

Beaches #F10407352

Removed
$1,800,000
+28.57%

Schools & Community

Neighborhood: 

Central Beach Alliance

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

129

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

$547,821
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$556,179
Cash to seller
$547,821

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

February 2022

Original loan amount

$647,200

Est. remaining balance

$556,179

Interest rate

2.62%

Loan type

New Conventional, 15 year

Seller

Jibrael S Hindi

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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209 N Fort Lauderdale Beach Blvd Unit 5C, Fort Lauderdale, FL 33304

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3101 Bayshore Dr Unit 2108, Fort Lauderdale, FL 33304

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551 N Fort Lauderdale Beach Blvd Unit H1005, Fort Lauderdale, FL 33304

Status: Active

Tomo last checked: 09/20/2024 at 12:45 PM

Listing updated: 08/13/2024 at 4:28 AM

Listed by: Dayana Susterman, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10455561

Beaches logo

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