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$675,000

Beds
3
Baths
2.0
sq ft
1,550

5230 NE 18th Ave, Fort Lauderdale, FL 33334

5230 NE 18th Ave

Fort Lauderdale, FL 33334

  • 95 days on market
    • Price drop $9,999↓
Luxurious 3BA/2BA POOL home, just 5 min from the BEACH in Coral Ridge. The elegant, open living room overlooks the pool. Great split floor plan ensures privacy for the master en-suite, w/ an enlarged walk-in closet. Marble floors in the living area & baths add a luxurious touch. Hurricane impact windows, durable tile roof, smoke alarms & hard-wired carbon monoxide detectors, double garage & a circular driveway w/ parking for 9 cars. The lush backyard provides privacy, fruit trees, outdoor dining, lounge, BBQ & shed. All short-term vacation rental licenses in place. Located just 5 min from the beach, restaurants & shops of Laud by the Sea, close to A+ schools such as Pine Crest, Westminster & Floranada Elementary. Zoned as a multifamily this home brings endless opportunity to its new owner.

Details

Property type

Single Family Residence

Est. home value

$702,904

Property condition

Updated/Remodeled

Lot size

7,797 sq ft

Price per sq ft

$436

Year built

1966

Annual property taxes

$11,205

Price History

10/24/2024
Beaches

Beaches #F10462224

Price change
$675,000
-9.88%
09/18/2024
Beaches

Beaches #F10419232

Removed
$748,999
+9.34%
09/18/2024
Beaches

Beaches #F10462224

Listed
$684,999
-8.54%

Schools & Community

Neighborhood: 

Knoll Ridge

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

$175,232
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$445,768
Cash to seller
$175,232

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

Seller’s Loan History

Lender

Direct Mortgage Investors Inc

Loan start date

September 2023

Original loan amount

$451,666

Est. remaining balance

$445,768

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Ruthairat Groza

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: 12/22/2024 at 3:00 PM

Listing updated: 12/10/2024 at 12:54 PM

Listed by: Annamaria Farkas, Castelli Real Estate Services Phone #: (954) 563-9889

MLS: Beaches #F10462224

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