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$252,000

Beds
Unknown
Baths
1.0
sq ft
533

505 N Fort Lauderdale Beach Blvd Unit 712, Fort Lauderdale, FL 33304

505 N Fort Lauderdale Beach Blvd Unit 712

Fort Lauderdale, FL 33304

  • 63 days on market
Welcome to your oceanside sanctuary! This beautifully appointed studio, located in a luxurious condo-hotel, offers the ultimate beach vacation experience. With direct access to the sandy shores and breathtaking ocean views, you’ll feel right at home in this stylish retreat. You'll enjoy a bright and airy layout with modern decor, featuring large windows that let in plenty of natural light. Step out onto your private balcony to enjoy the sunrise or just to relax. Enjoy the hotel’s amenities, including a sparkling pool, fitness center, and on-site dining options as well as the You are minutes away from shopping, restaurants, and entertainment options. Take advantage of the hotel rental program.

Details

Property type

Condominium

Est. home value

$241,940

Lot size

Unknown

Price per sq ft

$473

Year built

2006

Annual property taxes

$4,327

Monthly HOA fee

$14.83

Price History

09/18/2024
Beaches

Beaches #F10461581

Listed
$252,000
+9.57%
06/15/2022
Beaches

Beaches #F10316364

Sold
$230,000

Schools & Community

Neighborhood: 

Central Beach Alliance

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

$87,770
Asking price
$252,000
Closing costs (~8% of asking)
-$20,160
Est. remaining loan balance
-$144,070
Cash to seller
$87,770

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

June 2022

Original loan amount

$149,500

Est. remaining balance

$144,070

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Thomas John Freeman and Melyssa Freeman

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: 11/20/2024 at 8:20 AM

Listing updated: 09/30/2024 at 4:13 PM

Listed by: Nancy Wesley, The Agency Florida LLC Phone #: (305) 203-5085

MLS: Beaches #F10461581

Beaches logo

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