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$348,000

Beds
3
Baths
2.0
sq ft
1,374

5260 NW 2nd Ave Unit 402, Boca Raton, FL 33487

5260 NW 2nd Ave Unit 402

Boca Raton, FL 33487

  • 24 days on market
    • Price drop $8,000↓
Seller Motivated! Prime Location in Boca! Just minutes from world-renowned beaches, vibrant Downtown Delray, Mizner Park, and quick access to I-95, this rarely available 3-bedroom corner unit with desirable south-facing views is a standout opportunity. Whether you're seeking a full-time residence or a seasonal getaway, The Palms of Boca Teeca offers the quintessential East Boca lifestyle. Set on 14 acres, this exclusive complex is the only one in Boca Teeca with interior hallways, a clubhouse, 3 tennis courts, pickleball courts, and an oversized heated pool for year-round enjoyment. This bright corner unit boasts abundant natural light throughout. The spacious master suite includes a walk-in closet and an expansive master bath. Don't miss this opportunity!

Details

Property type

Condominium

Est. home value

$336,234

Lot size

Unknown

Price per sq ft

$254

Year built

1983

Annual property taxes

$4,977

Monthly HOA fee

$798

Price History

11/14/2024
Beaches

Beaches #F10470675

Price change
$348,000
-2.25%
10/30/2024
Beaches

Beaches #F10470675

Listed
$356,000
+5.01%
07/18/2022
Beaches

Beaches #R10799247

Sold
$339,000
+77.49%

Schools & Community

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

$8,992
Asking price
$348,000
Closing costs (~8% of asking)
-$27,840
Est. remaining loan balance
-$311,168
Cash to seller
$8,992

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2022

Original loan amount

$322,050

Est. remaining balance

$311,168

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Bernardo Andres Perez Villa

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: 11/23/2024 at 3:40 AM

Listing updated: 11/13/2024 at 7:10 PM

Listed by: Joseph Correa, Young Real Estate Phone #: (407) 904-0069

MLS: Beaches #F10470675

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