tomo logo

$759,000

Beds
2
Baths
2.0
sq ft
1,330

5200 N Ocean Blvd Unit 608B, Lauderdale By The Sea, FL 33308

5200 N Ocean Blvd Unit 608B

Lauderdale By The Sea, FL 33308

  • 39 days on market
Meet a harmonious blend of modern, classic, and neutral elegance oceanfront living that creates a serene and timeless home. High-impact windows with unobstructed ocean views to the east and north city views. An open-concept layout with tile floors throughout, where the living, dining, and kitchen areas flow together. The kitchen has modern finishes with stainless steel appliances, classic cabinetry, and an adjacent breakfast nook. The bathrooms bring sophisticated, contemporary elements with timeless design. The guest bedroom has an extra built-in closet, adding valuable storage space. Amenities, 24/7 front desk, pool, direct beach access, private beach lounges, a storage unit, car wash station, electric car charging station, fitness center, sauna, and 2 social rooms. Excellent location

Details

Property type

Condominium

Est. home value

$679,371

Lot size

Unknown

Price per sq ft

$571

Year built

1971

Annual property taxes

$6,970

Monthly HOA fee

$1,089

Price History

12/24/2024
SEF

SEF #A11710800

Listed
$759,000
+102.4%
10/10/2013
Beaches

Beaches #F1246060

Sold
$375,000

Schools & Community

Elementary school: 

Mcnab

Middle school: 

Pompano B.Middle

High school: 

Northeast

Number of units in community: 

213

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

$516,302
Asking price
$759,000
Closing costs (~8% of asking)
-$60,720
Est. remaining loan balance
-$181,978
Cash to seller
$516,302

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

Seller’s Loan History

Lender

Citibank

Loan start date

July 2016

Original loan amount

$275,000

Est. remaining balance

$181,978

Interest rate

3.66%

Loan type

New Conventional, 20 year

Seller

Edward G Verdi and William S Morton

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: 02/02/2025 at 3:00 AM

Listing updated: 01/29/2025 at 3:40 PM

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

MLS: SEF #A11710800

SEF logo