tomo logo

$499,000

Beds
2
Baths
1.0
sq ft
975

411 NW 1st Ave Unit 506, Fort Lauderdale, FL 33301

411 NW 1st Ave Unit 506

Fort Lauderdale, FL 33301

  • 72 days on market
    • Price drop $30,000↓
REDUCED FOR IMMEDIATE SALE -New York Style Industrial Loft - This upgraded corner residence is 2 bedroom, 1 bath with soaring ceilings & beautiful finishes. Upgraded GE Monogram appliances, GAS COOKING, built-in fridge, remote controlled black out shades throughout, steam/aromatherapy lighted shower, custom closets, sliding frosted glass barn doors, LED remote controlled color lighting and more. Second sleeping space offers flexibility or customization as bedroom, office or den. TESLA CHARGING STATION already installed in your covered parking space. In the heart of HOT and fast changing FLAGLER VILLAGE, 1 block to the Brightline high-speed train station from Miami to Orlando. Can be offered with current furnishings. On-street parking through the Flagler Village Resident Parking Program.

Details

Property type

Condominium

Est. home value

$526,160

Lot size

Unknown

Price per sq ft

$512

Year built

2007

Annual property taxes

$5,247

Monthly HOA fee

$828

Price History

07/02/2024
Beaches

Beaches #F10435756

Price change
$499,000
-5.67%
05/31/2024
Beaches

Beaches #F10435756

Price change
$529,000
-5.37%
04/22/2024
Beaches

Beaches #F10421199

Removed
$559,000
+1.82%

Schools & Community

Neighborhood: 

Flagler Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$129,136
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$329,944
Cash to seller
$129,136

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

Seller’s Loan History

Lender

Optimum First Inc

Loan start date

September 2022

Original loan amount

$386,250

Est. remaining balance

$329,944

Interest rate

4.26%

Loan type

New Conventional, 10 year

Seller

Antonio J Fadhel Alvarez

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 11:10 AM

Listing updated: 07/02/2024 at 6:43 PM

Listed by: Tim Singer, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: Beaches #F10435756

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