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$523,000

Beds
2
Baths
1.0
sq ft
975

411 NW 1st Ave Unit 406, Fort Lauderdale, FL 33301

411 NW 1st Ave Unit 406

Fort Lauderdale, FL 33301

  • 76 days on market
    • Price drop $20,000↓
The NYC-style loft in FAT Village/Flagler Village is a sought-after living space offering a flexible floor plan, 2 bedroom 1 bath , 975 SQFT currently set up as a large 1 bedroom. The open-concept design features modern finishes and includes an outdoor terrace for relaxation and entertainment. The building provides several desirable amenities, including a pool for swimming and relaxing, a BBQ for outdoor dining, and an on-site gym for staying active. Assigned garage parking adds convenience and security for residents' vehicles. Located in the heart of FAT Village, residents enjoy easy access to art galleries, cafes, restaurants, and nightlife, making it an excellent choice for those seeking a stylish and vibrant urban lifestyle in Fort Lauderdale.

Details

Property type

Condominium

Est. home value

$516,333

Lot size

Unknown

Price per sq ft

$537

Year built

2007

Annual property taxes

$7,974

Monthly HOA fee

$823

Price History

06/30/2024
SEF

SEF #A11572131

Listed
$523,000
06/27/2024
SEF

SEF #A11572131

Removed
$523,000
05/13/2024
SEF

SEF #A11572131

Price change
$523,000
-3.68%

Schools & Community

Neighborhood: 

Flagler Heights

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

$142,270
Asking price
$523,000
Closing costs (~8% of asking)
-$41,840
Est. remaining loan balance
-$338,890
Cash to seller
$142,270

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

Seller’s Loan History

Lender

Arc Home Llc

Loan start date

January 2022

Original loan amount

$357,000

Est. remaining balance

$338,890

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Hanan Moyal

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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100 N Federal Hwy Unit 1222, Fort Lauderdale, FL 33301

Status: Active

Tomo last checked: 07/03/2024 at 11:45 AM

Listing updated: 06/30/2024 at 12:44 AM

Listed by: Lori Suarez, One Sotheby's Int'l Realty Phone #: (954) 522-2831

MLS: SEF #A11572131

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