tomo logo

$325,000

Beds
1
Baths
1.0
sq ft
774

511 Lucerne Ave Unit 615, Lake Worth Beach, FL 33460

511 Lucerne Ave Unit 615

Lake Worth Beach, FL 33460

  • 100 days on market
Penthouse with Intracoastal Views! The Lucerne is located in Downtown Lake Worth Beach, under 1 Mile from the Ocean. Walk to Coffee Shops, Restaurants, Boutiques, Publix, etc. 7 blocks to Golf. Only 10min to PBI. The one and only 1/1 Corner Penthouse facing Lake Avenue in The Lucerne. All other 1/1s in the building are inside units and/or facing West ( L St ). Brand New Laminate Floors. New Water Heater . New Appliances. Pool is on the 3rd floor, Gym on the 2nd. Condo 615 comes with a very convenient Parking Spot by the elevator close to the unit as well as an air conditioned Locker close to your Parking Spot. Condo Dues include Water and Cable. Dec 2024, Wifi instead of Cable. Quarterly Dues. This gem of a penthouse will not disappoint. Hurricane Impact Glass. May Rent immediatel

Details

Property type

Condominium

Est. home value

$284,261

Lot size

Unknown

Price per sq ft

$420

Year built

2006

Annual property taxes

$4,243

Monthly HOA fee

$480

Price History

09/13/2024
Beaches

Beaches #R11020741

Listed
$325,000
+87.32%
08/20/2020
Beaches

Beaches #R10636665

Sold
$173,500

Schools & Community

Neighborhood: 

Downtown Jewel

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights, Sidewalks

Number of units in community: 

80

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

$181,129
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$117,871
Cash to seller
$181,129

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

August 2020

Original loan amount

$130,125

Est. remaining balance

$117,871

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Lisa E Rougean

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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2840 S Ocean Blvd Unit 511, Palm Beach, FL 33480

Status: Active

Tomo last checked: 12/22/2024 at 3:00 PM

Listing updated: 12/10/2024 at 12:53 PM

Listed by: Katarina P Papazian, RE/MAX Prestige Realty/WPB Phone #: (561) 659-1575

MLS: Beaches #R11020741

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