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$412,000

Beds
2
Baths
2.0
sq ft
1,153

520 SE 5th Ave Unit 2509, Fort Lauderdale, FL 33301

520 SE 5th Ave Unit 2509

Fort Lauderdale, FL 33301

  • 39 days on market
    • Price drop $6,000↓
Experience prime downtown living by the river in this beautiful 2 bedroom, 2 full bathroom condo located on the 5th floor at Las Olas by the River. A bright, sun-drenched space with a balcony showcasing stunning Las Olas and river views. Perfect downtown location walking distance to shops, restaurants, the riverwalk and more. Around 1,200 square feet of comfortable living space. 2 spacious walk-in closets, open floor plan, and 2 assigned garage parking spots included. Amenities include fitness center, pool, spa, gated parking and on-site security.

Details

Property type

Condominium

Est. home value

$435,519

Lot size

Unknown

Price per sq ft

$358

Year built

2001

Annual property taxes

$6,573

Monthly HOA fee

$1,032

Price History

07/02/2024
SEF

SEF #A11593890

Price change
$412,000
-1.44%
05/25/2024
SEF

SEF #A11593890

Listed
$418,000
+58.94%
06/30/2015
Beaches

Beaches #R10096759

Sold
$263,000

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

$187,463
Asking price
$412,000
Closing costs (~8% of asking)
-$32,960
Est. remaining loan balance
-$191,577
Cash to seller
$187,463

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

June 2015

Original loan amount

$236,700

Est. remaining balance

$191,577

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Jeffrey W Atkins

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: 07/03/2024 at 11:40 AM

Listing updated: 07/02/2024 at 3:03 AM

Listed by: James Branham, The Keyes Company Phone #: (954) 752-0900

MLS: SEF #A11593890

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