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$2,999,000

Beds
2
Baths
2.0
sq ft
1,308

525 N Fort Lauderdale Beach Blvd Unit 1707, Fort Lauderdale, FL 33304

525 N Fort Lauderdale Beach Blvd Unit 1707

Fort Lauderdale, FL 33304

  • 765 days on market
    • Price drop $401,000↓
BRAND NEW FOUR SEASONS TURN KEY FURNISHED RESIDENCES, Seventeenth floor, hotel residence with 1 bedroom and Den(2nd sleeping area), 2 full baths and a southeastern exposure with direct ocean views. Dramatic floor to ceiling glass and gracious open terraces afford you ample natural light throughout the home. Gourmet kitchen with custom lacquered cabinetry, Sub Zero and Wolf appliances. Abundant closet space throughout this luxury residence. Baths are adorned with signature marble, custom oak cabinetry, and brushed nickel Waterworks fittings. Seamless/capless glass rails maximize your unobstructed views of the ocean.

Details

Property type

Condominium

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$2,293

Year built

2022

Monthly HOA fee

$4,286

Price History

10/19/2022
Beaches

Beaches #F10353039

Listed
$2,999,000
+19.96%
05/06/2022
Beaches

Beaches #F10189448

Sold
$2,500,000

Schools & Community

Neighborhood: 

Central Beach Alliance

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

82

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

$1,325,361
Asking price
$2,999,000
Closing costs (~8% of asking)
-$239,920
Est. remaining loan balance
-$1,433,719
Cash to seller
$1,325,361

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

Seller’s Loan History

Lender

City National Bank Of Florida

Loan start date

May 2022

Original loan amount

$1,500,000

Est. remaining balance

$1,433,719

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Stephen Debiasi and Michelle Debiasi

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: 11/22/2024 at 4:45 AM

Listing updated: 09/30/2024 at 5:51 PM

Listed by: Daniel Teixeira, Douglas Elliman Phone #: (954) 522-3339

MLS: Beaches #F10353039

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