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$3,450,000

Beds
5
Baths
5.5
sq ft
3,520

501 Eldorado Ln, Delray Beach, FL 33444

501 Eldorado Ln

Delray Beach, FL 33444

  • 96 days on market
    • Price drop $200,000↓
Welcome to 501 Eldorado Lane in Lake Ida just minutes from the vibrant heart of downtown Delray Beach and renowned Atlantic Avenue. Completely rebuilt in 2020, this breathtaking modern residence offers a rare blend of luxury, convenience, and cutting-edge design. Situated on a cul-de-sac in one of the most desirable neighborhoods, the home presents a perfect opportunity to experience Florida living at its finest with nearby dining, shopping, entertainment, and the beach. Designed with commitment to style and functionality, the open-concept layout maximizes space, natural light, and a seamless flow. High ceilings, abundant glass sliders, and sophisticated finishes create a truly inviting atmosphere throughout. The gourmet kitchen is a chef's dream featuring custom cabinetry,

Details

Property type

Single Family Residence

Est. home value

$3,100,446

Lot size

0.31 acres

Price per sq ft

$981

Year built

1988

Annual property taxes

$42,816

Price History

02/05/2025
Beaches

Beaches #R11038678

Price change
$3,450,000
-5.48%
11/20/2024
Beaches

Beaches #R11038678

Listed
$3,650,000
+84.81%
11/30/2020
Beaches

Beaches #R10650625

Sold
$1,975,000
+151.59%

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

$1,833,587
Asking price
$3,450,000
Closing costs (~8% of asking)
-$276,000
Est. remaining loan balance
-$1,340,413
Cash to seller
$1,833,587

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

Seller’s Loan History

Lender

Santander Bank Na

Loan start date

November 2020

Original loan amount

$1,481,200

Est. remaining balance

$1,340,413

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Anthony M Saladino and Jessica Disanto

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: 02/24/2025 at 1:05 AM

Listing updated: 02/20/2025 at 3:12 PM

Listed by: Michael Patrick O'Connor, Douglas Elliman Phone #: (561) 278-5570

MLS: Beaches #R11038678

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