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$525,000

Beds
3
Baths
2.0
sq ft
1,447

520 SE 5th Ave Unit 2211, Fort Lauderdale, FL 33301

520 SE 5th Ave Unit 2211

Fort Lauderdale, FL 33301

  • 66 days on market
In the heart of Fort Lauderdale Downtown. Totally renovated 3/2 plus den with granite countertops, balcony, washer/dryer, and keyless entry. Features include appliances, wine fridge, walk-in closets, and blackout shades in bedrooms. Enjoy resort-style amenities like a pool, BBQ area, fitness center, and lounge. This prime location is next to the Water Taxi, New River, Las Olas Bivd, offering two parking spaces and 24/7 concierge. Experience luxury living with style and convenience. Option to purchase fully furnished.

Details

Property type

Condominium

Est. home value

$468,014

Lot size

Unknown

Price per sq ft

$363

Year built

2001

Annual property taxes

$7,554

Monthly HOA fee

$1,278

Price History

10/17/2024
SEF

SEF #A11678172

Listed
$525,000
-6.08%
05/02/2024
SEF

SEF #A11495861

Removed
$559,000
03/01/2024
SEF

SEF #A11495861

Price change
$559,000
-0.18%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Virginia Shuman Young

Middle school: 

Sunrise

High school: 

Stranahan

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

$197,199
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$285,801
Cash to seller
$197,199

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

January 2022

Original loan amount

$304,000

Est. remaining balance

$285,801

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Shelly Hamill

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: 12/22/2024 at 8:55 PM

Listing updated: 11/23/2024 at 12:35 PM

Listed by: Lori Suarez, One Sotheby's Int'l Realty Phone #: (954) 522-2831

MLS: SEF #A11678172

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