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$449,000

Beds
2
Baths
2.0
sq ft
1,170

520 SE 5th Ave Unit 2605, Fort Lauderdale, FL 33301

520 SE 5th Ave Unit 2605

Fort Lauderdale, FL 33301

  • 23 days on market
Experience urban living at its finest with this charming 2-bedroom, 2-bathroom condo nestled in a courtyard-style community. Private balcony and bedroom views overlooking the Smoker Family Park and offering panoramic views of the downtown Fort Lauderdale skyline. Just a short walk to the vibrant Las Olas Boulevard and New River, you'll have the best of dining, shopping, and entertainment at your fingertips! Investor friendly with immediate leasing options, this condo is a rare gem! CAN RENT IMMEDIATELY 2/yr; PET FRIENDLY, CITY VIEWS, WASHER/DRYER IN UNIT.

Details

Property type

Condominium

Est. home value

$426,493

Lot size

Unknown

Price per sq ft

$384

Year built

2001

Annual property taxes

$6,441

Monthly HOA fee

$1,032

Price History

06/10/2024
Beaches

Beaches #F10445176

Listed
$449,000
+2.05%
05/26/2023
SEF

SEF #A11360361

Sold
$440,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Croissant Park

Middle school: 

New River

High school: 

Stranahan

Community features: 

Gated

Number of units in community: 

1258

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

$65,535
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$347,545
Cash to seller
$65,535

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$352,000

Est. remaining balance

$347,545

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Joseph S Saglimbeni and Brianna V Saglimbeni

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 11:55 AM

Listing updated: 06/11/2024 at 5:49 PM

Listed by: Tina Cappiello, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10445176

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