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$424,995

Beds
5
Baths
4.0
sq ft
3,000

534 Holloway Shores Dr, Lakeland, FL 33801

534 Holloway Shores Dr

LAKELAND, FL 33801

  • 41 days on market
    • Price drop $5,000↓
Incredible opportunity for an investor that wants crazy cash-flow!! This property is being rented per unit for a total of just over $5,000 per month. Each unit has it's own kitchen and at least 1 bedroom and bathroom. All investors that want to make a great return on a property they don't need to do any work to this is the one!! This one won't last long, reach out to me to make it yours!! Sold AS-IS.

Details

Property type

Single Family Residence

Est. home value

$437,877

Lot size

0.26 acres

Price per sq ft

$142

Year built

1996

Annual property taxes

$2,318

HOA

No

Price History

12/16/2024
StellarMLS

StellarMLS #TB8320789

Price change
$424,995
-1.16%
12/02/2024
StellarMLS

StellarMLS #TB8320789

Price change
$429,995
-3.36%
11/13/2024
StellarMLS

StellarMLS #TB8320789

Listed
$444,955

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

$277,873
Asking price
$424,995
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$113,122
Cash to seller
$277,873

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

Seller’s Loan History

Lender

Fairwinds Cu

Loan start date

November 2018

Original loan amount

$126,000

Est. remaining balance

$113,122

Interest rate

4.9%

Loan type

New Conventional, 30 year

Seller

Bryce Trafford

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: 12/23/2024 at 8:35 PM

Listing updated: 12/16/2024 at 9:51 AM

Listed by: Anthony Giglio, TOP BROKERAGE, LLC Phone #: (855) 573-3021

MLS: StellarMLS #TB8320789

StellarMLS logo

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