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$10,700,000

Beds
6
Baths
5.5
sq ft
5,625

510 Coral Way, Fort Lauderdale, FL 33301

510 Coral Way

Fort Lauderdale, FL 33301

  • 10 days on market
WELCOME TO THIS CAPTIVATING WATERFRONT ESTATE LOCATED JUST OFF LAS OLAS BLVD, THE BEACH & VIBRANT CITY LIFE! SPANNING 10,000 SQFT OF LUXURY ACROSS TWO STORIES OF INTERIOR & EXTERIOR PARADISE, MODELING OPEN-CONCEPT TRANSITIONAL STYLE PLAN FEATURING BOOK-MATCH DESIGN FIREPLACE, PICTURESQUE WATER VIEWS FROM ALL ROOMS, TWO MASTER SUITES, SPACIOUS BEDROOMS, STATE-OF-THE-ART KITCHEN & BUTLER'S COUNTER, TWO LOFTS, HEATED POOL, FIRE-PIT, AL-FRESCO DINING, SUMMER KITCHEN, ENTICING LOUNGING AREAS & MUCH MORE! METICULOUSLY CRAFTED BY HIGH-END DESIGNER, ANA OZ, WHO IS DEDICATED TO ENRICHING PROPERTIES & THE LIVES OF THOSE THAT INHABIT THEM TAILORED TO ENJOY, AMAZE & DELIGHT THE SENSES! A BOATER'S PARADISE, WITH DEEPWATER DOCKAGE, WIDE CANALS & SWIFT ACCESS TO THE OCEAN, THIS HOME IS A-MUST-OWN-JEWEL!

Details

Property type

Single Family Residence

Est. home value

$4,717,950

Lot size

0.24 acres

Price per sq ft

$1,903

Year built

1990

Annual property taxes

$61,120

Price History

06/23/2024
Beaches

Beaches #R10998664

Listed
$10,700,000
+265.81%
06/30/2021
Beaches

Beaches #F10198041

Sold
$2,925,000

Schools & Community

Neighborhood: 

Las Olas Isles

Elementary school: 

Harbordale

Middle school: 

Sunrise

High school: 

Fort Lauderdale

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

$8,859,390
Asking price
$10,700,000
Closing costs (~8% of asking)
-$856,000
Est. remaining loan balance
-$984,610
Cash to seller
$8,859,390

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

July 2022

Original loan amount

$1,000,000

Est. remaining balance

$984,610

Interest rate

5.1%

Loan type

New Conventional, 40 year

Seller

Corey Daniel Zimmerman and Gayle Ann Arlen

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: 07/03/2024 at 12:40 PM

Listing updated: 06/29/2024 at 12:38 PM

Listed by: Karen Knox, Zephien Brokerage, LLC Phone #: (786) 530-9133

MLS: Beaches #R10998664

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