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$849,000

Beds
2
Baths
2.0
sq ft
1,330

511 Bayshore Dr Unit PH3, Fort Lauderdale, FL 33304

511 Bayshore Dr Unit PH3

Fort Lauderdale, FL 33304

  • 329 days on market
    • Price drop $50,900↓
Imagine sitting on your balcony and enjoying an amazing sunset every night. Move straight into this fully furnished, spacious Penthouse with an updated kitchen, bathrooms and large closets. Phenomenal views and it's only a few short blocks to the Beach. Amenities include a heated saline pool, gym, saunas and a roof top sun deck. Garage parking and ample guest parking. Bayshore Towers recently completed its 50 year recertification. Fantastic location with more and more top rated restaurants opening up in this North Beach Village neighborhood. Breakers Avenue is 3 blocks away with an award winning bakery, outdoor cafes and boutique shops. This is a lovely section of Fort Lauderdale Beach to call home.

Details

Property type

Condominium

Est. home value

$781,425

Lot size

Unknown

Price per sq ft

$639

Year built

1971

Annual property taxes

$11,844

Monthly HOA fee

$1,169

Price History

04/12/2024
Beaches

Beaches #F10419669

Price change
$849,000
-5.66%
03/13/2024
Beaches

Beaches #F10419669

Price change
$899,900
-3.75%
01/29/2024
Beaches

Beaches #F10419669

Listed
$935,000

Schools & Community

Neighborhood: 

Central Beach Alliance

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

108

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

$509,101
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$271,979
Cash to seller
$509,101

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

Seller’s Loan History

Lender

Bankers Mortgage Lending Inc

Loan start date

June 2020

Original loan amount

$300,000

Est. remaining balance

$271,979

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Nicholas Fuschino and Vincent Demichele

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: 12/22/2024 at 8:10 PM

Listing updated: 12/10/2024 at 12:48 PM

Listed by: Donna Carbonara, Douglas Elliman Phone #: (954) 874-0740

MLS: Beaches #F10419669

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