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$1,899,000

Beds
4
Baths
3.5
sq ft
2,767

509 38th St, West Palm Beach, FL 33407

509 38th St

West Palm Beach, FL 33407

  • 40 days on market
    • Price drop $251,000↓
Stunning newer construction, contemporary CBS home with a private guest house sits just two streets from Flagler Drive in the historic Northwood neighborhood. Offering nearly 2,800 square feet of combined living space, this unique property includes both a main residence and a guest house. The main home spans approximately 2,100 square feet and features 3 bedrooms, 2.5 bathrooms, and elegant porcelain tile throughout. The kitchen showcases a spacious quartz island with a waterfall edge, a farmhouse sink, stainless steel appliances including a top-of-the-line dishwasher. Surrounded by privacy hedges with an electronic front gate, fully turfed yard, this home also features Lutron shades, impact-resistant glass, brand new A/C and security system in both houses including Ring & CCTV with

Details

Property type

Single Family Residence

Est. home value

$1,399,955

Lot size

5,998 sq ft

Price per sq ft

$687

Year built

2021

Annual property taxes

$20,631

HOA

Yes

Price History

12/05/2024
Beaches

Beaches #R11036862

Price change
$1,899,000
-11.67%
11/12/2024
Beaches

Beaches #R11036862

Listed
$2,150,000
+89.43%
07/16/2021
Beaches

Beaches #R10722867

Sold
$1,135,000
+609.38%

Schools & Community

Neighborhood: 

Northboro Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

Number of units in community: 

2

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

$806,851
Asking price
$1,899,000
Closing costs (~8% of asking)
-$151,920
Est. remaining loan balance
-$940,229
Cash to seller
$806,851

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

Seller’s Loan History

Lender

Synovus Bank

Loan start date

February 2022

Original loan amount

$1,000,000

Est. remaining balance

$940,229

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

H Wayne Huizenga Iii

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: 12/22/2024 at 9:35 AM

Listing updated: 12/10/2024 at 12:59 PM

Listed by: Matthias Fretz, Douglas Elliman (Jupiter) Phone #: (561) 653-6100

MLS: Beaches #R11036862

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