tomo logo

$615,000

Beds
3
Baths
2.0
sq ft
1,250

516 SW 17th St, Fort Lauderdale, FL 33315

516 SW 17th St

Fort Lauderdale, FL 33315

  • 94 days on market
    • Price drop $14,000↓
Quaint Newly renovated 3 bed/ 2 bath home for sale in Croissant Park, close to Downtown Fort Lauderdale, Las Olas, Beaches, Mall, Shopping Restaurants, minutes to Airport, 95/595 & Turnpike.Home features an expansive lot with potential for expansion, pool, or another unit in the back: RD-15 Zoning allowance for up to 2 units, fruit trees. Impact windows throughout and a 2 year old water heater. 1 year old washer and dryer. Stainless Steel appliances, lots of beautiful highly functional wooden cabinets and granite counter tops. Living area has a well lit open floor plan. This Great Opportunity won't last. Make us an offer today!

Details

Property type

Single Family Residence

Est. home value

$630,570

Lot size

Unknown

Price per sq ft

$492

Year built

1951

Annual property taxes

$10,980

Price History

06/21/2024
Beaches

Beaches #R10974490

Price change
$615,000
-2.23%
05/21/2024
Beaches

Beaches #R10974490

Price change
$629,000
-3.23%
04/16/2024
Beaches

Beaches #R10974490

Price change
$650,000
-6.47%

Schools & Community

Neighborhood: 

Croissant Park

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

$70,569
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$495,231
Cash to seller
$70,569

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2022

Original loan amount

$510,000

Est. remaining balance

$495,231

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Liming Lin

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: 07/05/2024 at 10:40 PM

Listing updated: 06/21/2024 at 11:03 AM

Listed by: Tennille Martin, Watermark Estates Inc Phone #: (561) 909-8811

MLS: Beaches #R10974490

Beaches logo

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