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$654,000

Beds
1
Baths
1.0
sq ft
841

4111 S Ocean Dr Unit 3709, Hollywood, FL 33019

4111 S Ocean Dr Unit 3709

Hollywood, FL 33019

  • 42 days on market
    • Price drop $10,000↓
This is a great opportunity for investors. There are no rental restrictions, so you can rent it out on Airbnb, VRBO, Booking, etc. This unit is a large one-bedroom on the 37th floor, and it can accommodate sleep space up to four occupants. The unit has unobstructed views of the ocean and skyline. The building offers 5-star amenities, including two pools, a restaurant/bar, and more. You can walk and enjoy the beach amenities whether you wish to stay or rent out the space.

Details

Property type

Condominium

Est. home value

$690,481

Lot size

Unknown

Price per sq ft

$778

Year built

2017

Annual property taxes

$13,113

Monthly HOA fee

$1,170

Price History

10/02/2024
SEF

SEF #A11647556

Price change
$654,000
-1.51%
08/26/2024
SEF

SEF #A11647556

Listed
$664,000
-0.45%
08/25/2024
SEF

SEF #A11526564

Removed
$667,000

Schools & Community

Neighborhood: 

South Central Beach

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

$157,955
Asking price
$654,000
Closing costs (~8% of asking)
-$52,320
Est. remaining loan balance
-$443,725
Cash to seller
$157,955

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

May 2022

Original loan amount

$460,950

Est. remaining balance

$443,725

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Joseph Georges Sawaya

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: 10/07/2024 at 8:05 AM

Listing updated: 10/02/2024 at 6:47 PM

Listed by: Arthur Shabetayev, Cardinal Realty Group, LLC. Phone #: (305) 910-2902

MLS: SEF #A11647556

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