tomo logo

$199,900

Beds
2
Baths
2.0
sq ft
960

500 Executive Center Dr Unit 2H, West Palm Beach, FL 33401

500 Executive Center Dr Unit 2H

West Palm Beach, FL 33401

  • 272 days on market
    • Price drop $5,000↓
HOMETOWN HEROS IS BACK! 10K/35K IN DOWNPAYMENT ASSISTANCE. GET PRE-APPROVED BEFORE THE FUNDING IS GONE! Located in the beautiful community of Breakwaters of the Palm Beaches, this 2 bedroom, 2 bath condo has a lot to offer. Water and cable is included. Roof was replaced in 2023, and buildings will be painted at the end of this year/beginning of 2024. This gated community offers many amenities, Olympic size pool, billiards, sauna, work out equipment, huge clubhouse and barbecue area. Laundry rooms are located next to the elevator. This community is perfectly located in the heart of West Palm Beach. Just a short drive from the Palm Beach International Airport, City Place, beaches and numerous dining and shopping. TENANT OCCUPIED. LEASE EXP. MARCH 31/2025

Details

Property type

Condominium

Est. home value

$207,356

Lot size

Unknown

Price per sq ft

$209

Year built

1979

Annual property taxes

$2,180

Monthly HOA fee

$640

Price History

03/06/2024
Beaches

Beaches #R10942344

Price change
$199,900
-2.44%
12/11/2023
Beaches

Beaches #R10942344

Listed
$204,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated

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

$135,226
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$48,682
Cash to seller
$135,226

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

Seller’s Loan History

Lender

Sterling Bank

Loan start date

December 2004

Original loan amount

$90,000

Est. remaining balance

$48,682

Interest rate

5.64%

Loan type

Not Provided, 30 year

Seller

Jorge L Pacheco

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: 09/08/2024 at 7:00 AM

Listing updated: 09/04/2024 at 2:25 AM

Listed by: Yami Rodriguez, Highlight Realty Corp/LW Phone #: (561) 641-6787

MLS: Beaches #R10942344

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