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$725,000

Beds
2
Baths
2.0
sq ft
1,508

5420 N Ocean Drive Dr Unit 301, Singer Island, FL 33404

5420 N Ocean Drive Dr Unit 301

Singer Island, FL 33404

  • 268 days on market
    • Price drop $41,000↓
Ocean Views are everywhere, from your Living Room, Dinning Room and both Bedrooms! This beautifully remodeled unit has tile plank flooring in all main living areas, opened white kitchen with snack bar and quartz counter-tops throughout the kitchen. Cutom wet-bar including a wine cooler, glass front cabinets off of the dining room. Walk out from your Master Bedroom to your oceanfront balcony, enjoy your own walk-in closet and master bath with large shower. Your guest will enjoy their own suite with ocean views, plenty of closet space private bath with large walk-in shower. All impact glass windows and sliding glass doors throughout you can put your own washer and dryer in the unit plus a laundry room on each floor. The amenities include a topical pool, direct access to the beach, outside

Details

Property type

Condominium

Est. home value

$623,949

Lot size

Unknown

Price per sq ft

$481

Year built

1976

Annual property taxes

$5,211

Monthly HOA fee

$1,425

Price History

09/22/2024
Beaches

Beaches #R10965121

Listed
$725,000
09/22/2024
Beaches

Beaches #R10965121

Removed
$725,000
08/19/2024
Beaches

Beaches #R10965121

Price change
$725,000
-5.35%

Schools & Community

Neighborhood: 

Singer Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Park

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

$585,550
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$81,450
Cash to seller
$585,550

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

Seller’s Loan History

Lender

Midflorida Cu

Loan start date

September 2021

Original loan amount

$100,000

Est. remaining balance

$81,450

Interest rate

2.12%

Loan type

New Conventional, 15 year

Seller

Ernie Dean Small and Marybeth Small

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: 11/23/2024 at 12:20 AM

Listing updated: 09/30/2024 at 4:02 PM

Listed by: John Nugent, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R10965121

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