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$1,500,000

Beds
Unknown
sq ft
4,144

4944 SE Bollard Ave, Stuart, FL 34997

4944 SE Bollard Ave

Stuart, FL 34997

  • 360 days on market
First time on the market in 13 years. Beautiful Rocky Point 5 unit portfolio opportunity. Quadplex and an additional condo unit which is a 2/2.5 with approx 1248 sqft. Rarely vacant. The quad is made up of all 2 bed and 2 bath approx 1036 sqft and is concrete block. The metal roof is 7 years young. 1 unit has a lease, 2 of the units are MTM and 1 unit is vacant (currently taking applications) and being updated with granite, LVP flooring, cabinets and more. This is a value add opportunity! The property requires very little to maintain and the rents are below market but can be brought up substantially. Water and electric are all separately metered and paid by the tenants.

Details

Property type

Est. home value

$790,006

Lot size

0.35 acres

Price per sq ft

$362

Year built

1982

Annual property taxes

$6,751

Price History

09/26/2023
Beaches

Beaches #R10922478

Listed
$1,500,000

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

$1,251,664
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$128,336
Cash to seller
$1,251,664

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

Seller’s Loan History

Lender

Fidelity Funding Mortgage Corp

Loan start date

October 2011

Original loan amount

$180,000

Est. remaining balance

$128,336

Interest rate

4.15%

Loan type

New Conventional, 30 year

Seller

Gordon E Veling Jr

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: 09/20/2024 at 12:25 AM

Listing updated: 09/04/2024 at 6:16 AM

Listed by: Steven T Koleno, Beycome of Florida LLC Phone #: (804) 656-5007

MLS: Beaches #R10922478

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