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$1,899,900

Beds
3
Baths
2.5
sq ft
2,276

5200 NE 28th Ave, Fort Lauderdale, FL 33308

5200 NE 28th Ave

Fort Lauderdale, FL 33308

  • 88 days on market
    • Price drop $250,100↓
3BR/2.5B HUGE waterfront corner lot in THE LANDINGS allows for home expansion.Bedrooms and bathrooms renovated,2 closets in master.90ft composite dock w/new 4-post 25k boat lift.Dead-end street,LBTS/beach 0.7 miles.New metal roof, 30 year warranty.New pool & deck area w/ sandblasted marble, automated pump systems with heater, led lighting, and sun shelf. All hurricane impact, 2 custom 4-bay sliders open the back of the house, automated blinds.Digital irrigation w/rain sensor, 2inch city water meter. Batterpiling reinforced seawall,concrete piling reinforced pool deck.2-car garage with built-ins, rod holders, and ceiling storage racks. Massive circular driveway that will park 8 cars!SOLD BY FL BROKER, direct to BEYCOME offers BEST PRICE Seller offers $10k floor credit.

Details

Property type

Single Family Residence

Est. home value

$1,469,343

Lot size

0.28 acres

Price per sq ft

$835

Year built

1965

Annual property taxes

$972,230

Price History

07/03/2024
SEF

SEF #A11565972

Price change
$1,899,900
-11.63%
05/20/2024
SEF

SEF #A11565972

Price change
$2,150,000
-2.27%
04/15/2024
SEF

SEF #A11565972

Price change
$2,199,950
-4.14%

Schools & Community

Neighborhood: 

Landings

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

$1,383,061
Asking price
$1,899,900
Closing costs (~8% of asking)
-$151,992
Est. remaining loan balance
-$364,847
Cash to seller
$1,383,061

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

May 2017

Original loan amount

$424,100

Est. remaining balance

$364,847

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Derek R Morrell

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?

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Status: Active

Tomo last checked: 07/05/2024 at 11:40 PM

Listing updated: 07/05/2024 at 12:23 PM

Listed by: Steven Koleno, Beycome of Florida LLC Phone #: (804) 656-5007

MLS: SEF #A11565972

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