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$537,000

Beds
4
Baths
2.0
sq ft
1,176

518 El Prado, West Palm Beach, FL 33405

518 El Prado

West Palm Beach, FL 33405

  • 19 days on market
    • Price drop $18,000↓
Great Opportunity!!!! remodeled and ready to welcome your family. Make this address YOURS! Close to downtown, beaches, major highways, night life, Antique Row, Palm Beach Atlantic University and more,. Super quiet street and dead end road. This home features ceramic tile flooring throughout, remodeled bathrooms and a functional kitchen with granite counters and a great SS appliance package. 4 bedrooms 2 baths, over 3,000 sf of paver driveway and nice patio area which is fully fenced in. Brand new AC, water heater, new roof . Everything in the home is in great working condition. 3/1 plus 1/1 in law, Call and schedule your appointment before it's gone!!! SELLER MOTIVATED!!!

Details

Property type

Single Family Residence

Est. home value

$465,374

Lot size

5,350 sq ft

Price per sq ft

$457

Year built

1958

Annual property taxes

$5,737

Price History

02/22/2025
Beaches

Beaches #R11059196

Price change
$537,000
-3.24%
02/04/2025
Beaches

Beaches #R11059196

Listed
$555,000
+41.22%
03/25/2022
Beaches

Beaches #R10774824

Sold
$393,000
+184.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

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

$130,324
Asking price
$537,000
Closing costs (~8% of asking)
-$42,960
Est. remaining loan balance
-$363,716
Cash to seller
$130,324

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

March 2022

Original loan amount

$385,881

Est. remaining balance

$363,716

Interest rate

3.55%

Loan type

FHA, 30 year

Seller

Julio Alexis Marcos and Hugo Marcos

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: 02/23/2025 at 6:20 AM

Listing updated: 02/22/2025 at 1:25 PM

Listed by: Hugo Edgardo Marcos, Partnership Realty Inc. Phone #: (561) 355-0270

MLS: Beaches #R11059196

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