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$420,000

Beds
2
Baths
2.0
sq ft
1,083

520 SE 5th Ave Unit 1610, Fort Lauderdale, FL 33301

520 SE 5th Ave Unit 1610

Fort Lauderdale, FL 33301

  • 21 days on market
Don’t miss this rarely available 2BR/2BA corner unit in Las Olas by the River! This bright and spacious residence features wood floors throughout, an open floor plan, and two private balconies with stunning city views. Corner units like this seldom come to market, making it a unique opportunity to own in one of Fort Lauderdale’s most desirable locations. Enjoy resort-style amenities, including a pool, fitness center, clubhouse, and 24/7 security, all just steps from Las Olas Boulevard’s top restaurants, shopping, entertainment, fitness, downtown and nightlife.

Details

Property type

Condominium

Est. home value

$406,453

Lot size

Unknown

Price per sq ft

$388

Year built

2001

Annual property taxes

$4,866

Monthly HOA fee

$1,009

Price History

01/31/2025
Beaches

Beaches #F10484260

Listed
$420,000
+64.71%
04/13/2021
Beaches

Beaches #R10683450

Sold
$255,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$211,201
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$175,199
Cash to seller
$211,201

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2021

Original loan amount

$191,250

Est. remaining balance

$175,199

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Dagne Y Garcia

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: 02/22/2025 at 12:40 PM

Listing updated: 01/31/2025 at 6:35 PM

Listed by: Howard Selaj, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: Beaches #F10484260

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