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$1,299,000

Beds
3
Baths
2.5
sq ft
2,050

521 SW 7th Ave Unit 9, Fort Lauderdale, FL 33315

521 SW 7th Ave Unit 9

Fort Lauderdale, FL 33315

  • 124 days on market
    • Price drop $20,000↓
BOATER’S DREAM! Nestled amidst tranquil Tarpon River Club, this beautifully renovated(2023/24)* corner expanded townhome offers luxury living. Coupled with your own dock & fully renovated home, take delight in top-of-the-line appliances, a 2-car garage, and 3-car driveway. The home features spa-like bathrooms, high ceilings, impact windows/doors, quartz tops, & large tiled floors. The family living room is perfect for entertaining with a bar area, 80” flat screen TV, & wall-mounted fireplace. Modern conveniences include remote-controlled shades & multiple flat screens. The home also boasts new electrical, plumbing, & mechanical upgrades. Amenities offer pool, tennis, and pickleball courts. Plus, Las Olas shops and beaches are just 2 minutes away. Like no other, hurry before its gone!

Details

Property type

Townhouse

Est. home value

$906,432

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$634

Year built

1994

Annual property taxes

$7,952

Monthly HOA fee

$1,400

Price History

05/31/2024
SEF

SEF #A11543711

Price change
$1,299,000
-1.52%
05/14/2024
SEF

SEF #A11543711

Price change
$1,319,000
-2.22%
03/01/2024
SEF

SEF #A11543711

Listed
$1,349,000
+199.78%

Schools & Community

Neighborhood: 

Tarpon River

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

$661,949
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$533,131
Cash to seller
$661,949

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2021

Original loan amount

$562,500

Est. remaining balance

$533,131

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Richard J Weinstein and The Richard J Weinstein Trust

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: 07/03/2024 at 11:55 AM

Listing updated: 07/02/2024 at 3:08 PM

Listed by: Rodd Sheradsky, BHHS EWM Realty Phone #: (305) 937-2003

MLS: SEF #A11543711

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