tomo logo

$399,000

Beds
2
Baths
2.0
sq ft
1,136

520 SE 5th Ave Unit 2206, Fort Lauderdale, FL 33301

520 SE 5th Ave Unit 2206

Fort Lauderdale, FL 33301

  • 1 day on market
Elevate your lifestyle living in the best location of Fort Lauderdale. Walk over to the best restaurants, shops, nightlife, on the famous Las Olas Blvd. This condo, elegantly appointed 2 bedrooms and 2 bathrooms has direct views of beautiful trees and park. Watch boats pass while sitting under a gazebo. Jog and walk trails along the riverside. Restaurants on the riverside. Garage assigned parking and guest parking. Laundry in unit. Resort style amenities heated pool, hot tub, fitness room, yoga room, card room, club room, kitchen for entertaining, library, vending machines. Management of site. 24 Security. Close to casino, airport, briteline. 3 miles to ocean. Take the circuit golf carts for $1 a ride. Pet park next door. This intercostal gem is a true haven of luxury living.

Details

Property type

Condominium

Est. home value

$381,210

Lot size

Unknown

Price per sq ft

$352

Year built

2001

Annual property taxes

$6,569

Monthly HOA fee

$1,015

Price History

01/24/2025
SEF

SEF #A11727852

Listed
$399,000
-2.68%
12/05/2024
SEF

SEF #A11620637

Removed
$410,000
-2.38%
07/09/2024
SEF

SEF #A11608950

Removed
$420,000
+2.44%

Schools & Community

Neighborhood: 

Downtown

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

$149,641
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$217,439
Cash to seller
$149,641

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

April 2012

Original loan amount

$305,000

Est. remaining balance

$217,439

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Jacob P Wohlgemuth and David Spearman Jr

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?

Status: Active

Tomo last checked: 01/26/2025 at 9:30 PM

Listing updated: 01/25/2025 at 10:05 PM

Listed by: Lisa Mandel Russo, EXP Realty LLC Phone #: (888) 883-8509

MLS: SEF #A11727852

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