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$480,000

Beds
3
Baths
2.0
sq ft
1,411

510 El Vedado, West Palm Beach, FL 33405

510 El Vedado

West Palm Beach, FL 33405

  • <1 day on market
Come visit us for your chance to view this great, centric Antiques Row property. The main house is a rustic 3bd/1ba with hardwood floors all throughout. The guest house 0bd/1ba boasts gorgeous laminate flooring and an updated bathroom. The back home is an income producing AirBnB and ready to be taken into fresh hands. The guest home being sold completely turn key and furnished. Roof: 2023, AC: 2010, Water Heater:2016, Split AC (guest house): 2021. The large lot offers availability to expand the property even further. By adding a breezeway between the main home and the guest, you are still able to build another +500 square foot structure towards the rear of the property which can serve as another means of income. Just minutes from downtown and minutes to the beach! Perfectly located!

Details

Property type

Single Family Residence

Est. home value

$537,067

Lot size

0.31 acres

Price per sq ft

$341

Year built

1924

Annual property taxes

$5,548

Price History

02/03/2025
SEF

SEF #A11737072

Listed
$480,000
+78.01%
03/09/2021
Beaches

Beaches #R10639990

Sold
$269,641
+43.43%
02/24/2017
Beaches

Beaches #R10283925

Sold
$188,000

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

$210,760
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$230,840
Cash to seller
$210,760

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

March 2021

Original loan amount

$252,700

Est. remaining balance

$230,840

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Armando Cabrera

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: 02/03/2025 at 2:40 PM

Listing updated: 02/03/2025 at 10:20 AM

Listed by: Imer Anaya-Gonzalez, Redox Realty LLC Phone #: (786) 237-7929

MLS: SEF #A11737072

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