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$595,000

Beds
2
Baths
1.0
sq ft
768

501 SE 21st St, Fort Lauderdale, FL 33316

501 SE 21st St

Fort Lauderdale, FL 33316

  • 59 days on market
    • Price drop $54,000↓
REDUCED!! REDUCED !! LOCATION ''' LOCATION '' nice and updated 3 bed/ 2 bath home in Downtown ft Lauderdale near airport and Port of everglades, 12 minutes to the beach, great investment opportunity, Zoning is currently Office (RO, ROC), Residential Buildings (RO, ROC), Single Family (RO, ROC), full updated rooms and bathrooms, brand new fence all around as well as the front entrance, plenty of space on the back yard, parking for some cars, boat or ARV, can become a great income property

Details

Property type

Single Family Residence

Est. home value

$397,052

Property condition

Updated/Remodeled

Lot size

6,776 sq ft

Price per sq ft

$775

Year built

1951

Annual property taxes

$5,488

Price History

11/05/2024
SEF

SEF #A11656456

Price change
$595,000
-8.32%
10/12/2024
SEF

SEF #A11656456

Price change
$649,000
-3.85%
09/10/2024
SEF

SEF #A11656456

Listed
$675,000
+68.75%

Schools & Community

Neighborhood: 

Poinciana Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$170,557
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$376,843
Cash to seller
$170,557

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

December 2023

Original loan amount

$380,000

Est. remaining balance

$376,843

Interest rate

7.57%

Loan type

New Conventional, 30 year

Seller

Diego Noboa

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: 11/08/2024 at 9:40 AM

Listing updated: 11/07/2024 at 2:25 PM

Listed by: Mike Santana, Beachfront Realty Inc Phone #: (305) 405-0615

MLS: SEF #A11656456

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