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$579,000

Beds
3
Baths
2.0
sq ft
1,521

514 SE 20th Ct, Boynton Beach, FL 33435

514 SE 20th Ct

Boynton Beach, FL 33435

  • 201 days on market
    • Price drop $3,000↓
Investors! This spacious 3/2 Pool home property is zoned multi family (up to 10 units) on a triple lot, giving it a ton of options. You can add a second home or multiple apartment units. A unique compound in the heart of all the action. Inside, a comfy, classic Old Florida style w/ a good deal of free space. Nice pool, deck, firepit and tiki bar highlight the patio area. Several parking areas and outbuildings. Walk to McDs, Starbucks and the beach! You can live here and generate income. Owner says bring all offers! The historic cottage area is Historic in name only and does not require any additional (historic) permitting. Showings start 7/14

Details

Property type

Single Family Residence

Est. home value

$414,261

Lot size

0.23 acres

Price per sq ft

$381

Year built

1944

Annual property taxes

$5,400

Price History

09/13/2024
SEF

SEF #A11543084

Price change
$579,000
-0.52%
09/11/2024
SEF

SEF #A11543084

Price change
$582,000
-0.51%
09/04/2024
SEF

SEF #A11543084

Price change
$585,000
-0.68%

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

$317,893
Asking price
$579,000
Closing costs (~8% of asking)
-$46,320
Est. remaining loan balance
-$214,787
Cash to seller
$317,893

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

Seller’s Loan History

Lender

Civic Financial Services Llc

Loan start date

April 2021

Original loan amount

$232,500

Est. remaining balance

$214,787

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Delray Properties Llc

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: 09/19/2024 at 6:05 PM

Listing updated: 09/13/2024 at 10:47 AM

Listed by: Alexander Dimusto, Highlight Realty Corp Phone #: (561) 641-6787

MLS: SEF #A11543084

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