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$335,264Estimated home value

Beds
1
Baths
1.0
sq ft
622

524 Orton Ave Unit 604, Fort Lauderdale, FL 33304

524 Orton Ave Unit 604

Fort Lauderdale, FL 33304

  • Sold On 7/25/2022
3 blocks from Ft Lauderdale Beach. Close to some of the nicest hotels and restaurants in the city. This fully renovated 1 bedroom/1 bath with an in-unit washer and dryer is stunning. Facing east and south, you get plenty of light in every room. There are vinyl plank floors, updated kitchen, floor-to-ceiling impact windows and doors (2020), new A/C unit (2021). The living room gives access to the huge balcony facing the ocean. There are only 22-units in the building and the unit has a parking space under building. 1 pet, no more than 50 lbs or 2 small, no more than 25 lbs each. There is a tenant in the unit that will be leaving at the end of July.

Details

Property type

Condominium

Est. home value

$335,264

Lot size

Unknown

Price per sq ft

$523

Year built

1964

Annual property taxes

$3,850

Monthly HOA fee

$565

Price History

03/06/2025
SEF

SEF #A11698530

Removed
$369,000
11/30/2024
SEF

SEF #A11698530

Listed
$369,000
+13.54%
07/25/2022
SEF

SEF #A11216282

Sold
$325,000
+14.04%

Schools & Community

Neighborhood: 

Central Beach Alliance

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

$64,543
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$234,457
Cash to seller
$64,543

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

Seller’s Loan History

Lender

Cu Members Mortgage

Loan start date

July 2022

Original loan amount

$243,750

Est. remaining balance

$234,457

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Raymond F Bustamante and Mayra Suyapa Hammond Bustamante

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: Off Market

Tomo last checked: 03/11/2025 at 9:55 AM

Listing updated: 03/29/2023 at 1:13 PM

Listed by: Daniel Cooke, Douglas Elliman Phone #: (954) 874-0740

MLS: SEF #A11216282

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