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$629,000

Beds
2
Baths
2.0
sq ft
1,100

4511 S Ocean Blvd Unit 103, Highland Beach, FL 33487

4511 S Ocean Blvd Unit 103

Highland Beach, FL 33487

  • 256 days on market
    • Price drop $50,000↓
*Price Improvement* Discover the epitome of seaside living at 45 Ocean in this beautifully renovated unit, an exquisite condo nestled amidst the prestigious mansions of Highland Beach. This light-filled, elegantly updated residence boasts breathtaking southern exposure and sparkling ocean views, offering a tranquil retreat steps from the shoreline. Enhance your comfort and convenience as the washer/dryer combo is within the unit. Seize this exceptional investment opportunity with no waiting period to start generating rental income. Incredible multi-million dollar concrete restoration is nearing completion, and interior hallway updates are scheduled next, further enhancing the property's appeal.

Details

Property type

Condominium

Est. home value

$606,401

Lot size

Unknown

Price per sq ft

$572

Year built

1974

Annual property taxes

$6,732

Monthly HOA fee

$1,428

Price History

01/13/2025
SEF

SEF #A11592936

Price change
$629,000
-7.36%
07/31/2024
SEF

SEF #A11592936

Removed
$679,000
07/12/2024
SEF

SEF #A11592936

Price change
$679,000
-1.45%

Schools & Community

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

$297,966
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$280,714
Cash to seller
$297,966

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2021

Original loan amount

$304,000

Est. remaining balance

$280,714

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Heidi Beth Nagelschmidt

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: 01/22/2025 at 10:25 PM

Listing updated: 01/15/2025 at 9:40 AM

Listed by: Peter Catania III, PMC Prime Properties, Inc Phone #: (561) 843-7355

MLS: SEF #A11592936

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