tomo logo

$450,000

Beds
1
Baths
1.5
sq ft
892

401 SW 4th Ave Unit 1500, Fort Lauderdale, FL 33315

401 SW 4th Ave Unit 1500

Fort Lauderdale, FL 33315

  • 5 days on market
Live close to the hustle & bustle of downtown but tucked away in a quiet little area. Unit boasts stunning, unobstructed views of the New River and downtown from your balcony. Complex is across from a pretty park right on the water. Perfect place to walk your dog, take a stroll or just sit and watch the yachts go by. Across the river from Las Olas & the Performing Arts Center with a free water trolley to pick you up and take you across. Complex is just finishing renovations of the lobby and community room. The assoc has healthy reserves with no pending or anticipated assessments. Come and enjoy everything that downtown living, on the water, has to offer or buy as an investment as it can be rented immediately with a min 90-day lease. Maint includes basic cable & high speed internet.

Details

Property type

Condominium

Est. home value

$417,709

Lot size

Unknown

Price per sq ft

$505

Year built

2004

Annual property taxes

$5,028

Monthly HOA fee

$803

Price History

06/28/2024
Beaches

Beaches #F10448341

Listed
$450,000
+56.52%
11/02/2021
Beaches

Beaches #R10732021

Sold
$287,500
+18.8%
11/28/2014
Beaches

Beaches #F1310279

Sold
$242,000

Schools & Community

Neighborhood: 

Tarpon River

Elementary school: 

Croissant Park

Middle school: 

New River

High school: 

Stranahan

Community features: 

Gated

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

$331,591
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$82,409
Cash to seller
$331,591

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

October 2021

Original loan amount

$87,500

Est. remaining balance

$82,409

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Marla Litsky

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: 07/03/2024 at 11:55 AM

Listing updated: 06/29/2024 at 5:19 PM

Listed by: Christine Cloutier, Balistreri Real Estate Inc Phone #: (954) 489-3100

MLS: Beaches #F10448341

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