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$319,999

Beds
3
Baths
2.0
sq ft
1,120

4724 Summit Blvd, West Palm Beach, FL 33415

4724 Summit Blvd

West Palm Beach, FL 33415

  • 24 days on market
    • Price drop $30,000↓
Attention Investors! This updated villa is a This beautifully renovated villa on Summit Boulevard offers 3 spacious bedrooms and 2 full baths, thoughtfully remodeled to blend modern elegance with everyday functionality. Currently operating at a 7.6% Cap Rate in West Palm Beach!! The open floor plan creates an inviting flow, perfect for both entertaining and relaxing. New flooring throughout enhances the visual appeal of each room, while the kitchen shines with sleek, contemporary finishes and brand-new appliances, ensuring a smooth cooking experience. Both bathrooms have been transformed into luxurious retreats, designed for comfort and relaxation.

Details

Property type

Est. home value

$288,665

Lot size

Unknown

Price per sq ft

$286

Year built

1981

Annual property taxes

$4,219

Monthly HOA fee

$385

Price History

02/21/2025
Beaches

Beaches #R11056942

Price change
$319,999
-8.57%
01/29/2025
Beaches

Beaches #R11056942

Listed
$349,999
+18.34%
12/13/2023
Beaches

Beaches #R10795400

Sold
$295,750
-1.38%

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

$74,855
Asking price
$319,999
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$219,544
Cash to seller
$74,855

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

December 2023

Original loan amount

$221,812

Est. remaining balance

$219,544

Interest rate

7.79%

Loan type

New Conventional, 30 year

Seller

3Mbenedicto Llc

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: 02/23/2025 at 11:00 AM

Listing updated: 02/21/2025 at 4:05 PM

Listed by: Russell Pemberton, Keller Williams Realty - Welli Phone #: (561) 472-1236

MLS: Beaches #R11056942

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