tomo logo

$1,475,000

Beds
2
Baths
2.0
sq ft
1,630

411 N New River Dr E Unit 2205, Fort Lauderdale, FL 33301

411 N New River Dr E Unit 2205

Fort Lauderdale, FL 33301

  • 12 days on market
What spectacular panoramic views of the ocean, Intracoastal, and city from the large covered balcony of this 2 bed/2 bath condo in the south tower of the prestigious Las Olas Grand. What a treat to take in the views that can be seen from the living room and two bedrooms (one currently used as an office). Bright and white, this condo is the epitome of modernity - with the exception of the primary bath, the entire condo has been renovated in the past year. HVAC 2024. This building is like staying at a five star resort with amenities to match including: valet parking, a concierge, health club, heated pool, spa, private residence club and 24 hour security. Near the restaurants, bars and shopping on Las Olas Blvd. This is a stunning condo that defines the word 'luxury.' Come and see it.

Details

Property type

Condominium

Est. home value

$1,200,506

Lot size

Unknown

Price per sq ft

$905

Year built

2005

Annual property taxes

$15,024

Monthly HOA fee

$2,081

Price History

02/10/2025
Beaches

Beaches #F10485100

Listed
$1,475,000
+63.89%
12/17/2021
Beaches

Beaches #R10756594

Sold
$900,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Walker

Middle school: 

Sunrise

High school: 

Fort Lauderdale

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

$724,503
Asking price
$1,475,000
Closing costs (~8% of asking)
-$118,000
Est. remaining loan balance
-$632,497
Cash to seller
$724,503

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

Seller’s Loan History

Lender

Phh Mortgage Services Corp

Loan start date

February 2023

Original loan amount

$648,000

Est. remaining balance

$632,497

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Paola Mina Osorio and Joseph V Polsin

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?

Similar Homes Nearby

Price drop
SEF
$1,399,000
2 bd
|
2 ba
|
1,630 sq ft
|
Condo

411 N New River Dr E Unit 1505, Fort Lauderdale, FL 33301

Beaches
$1,395,000
2 bd
|
2 ba
|
1,630 sq ft
|
Condo

411 N New River Dr E Unit 3505, Fort Lauderdale, FL 33301

Beaches
$1,350,000
2 bd
|
2 ba
|
1,630 sq ft
|
Condo

411 N New River Dr E Unit 2605, Fort Lauderdale, FL 33301

Status: Active

Tomo last checked: 02/22/2025 at 12:20 PM

Listing updated: 02/19/2025 at 12:35 AM

Listed by: Terry Behal, NextHome Realty Professionals Phone #: (954) 564-0028

MLS: Beaches #F10485100

Beaches logo