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$1,150,000

Beds
3
Baths
2.0
sq ft
1,955

4031 NE 16th Ave, Oakland Park, FL 33334

4031 NE 16th Ave

Oakland Park, FL 33334

  • 13 days on market
Experience waterfront luxury in the exclusive Central Corals neighborhood on this lushly landscaped corner lot. This sophisticated home features 10-foot ceilings and an expansive master suite with a pebble-finished shower. The open floor plan showcases custom accents throughout, flow-thru living/dining, and gourmet kitchen with Calcatta quartz countertops and a Thermador stove. Step outside to your resort-style heated pool, custom grill, and fire pit, with a newly renovated 500 sq. ft. deck extending to your private dock with 32 feet of frontage. Tee off on your own 2 hole green. This home is perfect for entertaining or as a vacation rental, with no HOA restrictions and an existing AirBnb cert. The property is fortified with hurricane impact windows, 4 year old roof, and updated plumbing.

Details

Property type

Single Family Residence

Est. home value

$1,122,800

Property condition

Updated/Remodeled

Lot size

0.24 acres

Price per sq ft

$589

Year built

1959

Annual property taxes

$25,448

Price History

10/22/2024
SEF

SEF #A11680458

Listed
$1,150,000
+37.72%
02/25/2022
Beaches

Beaches #R10766981

Sold
$835,000

Schools & Community

Neighborhood: 

Central Corals

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

$387,380
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$670,620
Cash to seller
$387,380

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

February 2022

Original loan amount

$709,750

Est. remaining balance

$670,620

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Legacy Investing Show Llc

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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Status: Active

Tomo last checked: 11/05/2024 at 11:45 AM

Listing updated: 11/03/2024 at 5:05 PM

Listed by: Avril Cherasard, EXP Realty LLC Phone #: (888) 883-8509

MLS: SEF #A11680458

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