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$7,500,000

Beds
6
Baths
7.0
sq ft
6,046

432 Coconut Isle Dr, Fort Lauderdale, FL 33301

432 Coconut Isle Dr

Fort Lauderdale, FL 33301

  • 173 days on market
    • Price drop $295,000↓
ONE OF THE VERY BEST LAS OLAS ISLES NEW CONSTRUCTION VALUES! Security patrolled Coconut Isle, which offers 12 new/newer residences (utilities being buried)! Walled & gated stunning contemporary architecture & custom build offers superior design blending indoor & outdoor entertaining areas. Natural materials throughout provide warmth & sophistication. Dramatic 25 ft ceilings capture East exposure sunlight! Ultra high-end custom details, wine cellar, floating staircase, ultimate Poggenpohl chef's kitchen, media room/gym, 2 bedroom suites 1st level. All 6 bedrooms offer ensuite bathrooms plus ultra-luxurious primary suite & private retreat with spa style bath. Potential 7 bedroom on 2nd level. Built by Jeff Hendricks. FAST CLOSING AVAILABLE! Potential seller financing with 50% down.

Details

Property type

Single Family Residence

Est. home value

$8,205,023

Lot size

9,375 sq ft

Price per sq ft

$1,241

Year built

2020

Annual property taxes

$83,840

Price History

06/17/2024
Beaches

Beaches #F10418468

Price change
$7,500,000
-3.78%
05/03/2024
Beaches

Beaches #F10418468

Price change
$7,795,000
-1.27%
04/12/2024
Beaches

Beaches #F10418468

Price change
$7,895,000
-4.3%

Schools & Community

Neighborhood: 

Las Olas Isles

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

$4,094,891
Asking price
$7,500,000
Closing costs (~8% of asking)
-$600,000
Est. remaining loan balance
-$2,805,109
Cash to seller
$4,094,891

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

Seller’s Loan History

Lender

City National Bank Of Florida

Loan start date

June 2021

Original loan amount

$3,000,000

Est. remaining balance

$2,805,109

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Nuno Beira and Revocable Trust Agreement Of Nuno Beira

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: 07/05/2024 at 11:05 PM

Listing updated: 07/02/2024 at 3:48 PM

Listed by: Julie Jones, Douglas Elliman Phone #: (954) 947-0121

MLS: Beaches #F10418468

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