tomo logo

$725,000

Beds
2
Baths
2.0
sq ft
1,400

5440 N Ocean Drive Dr Unit 504, Singer Island, FL 33404

5440 N Ocean Drive Dr Unit 504

Singer Island, FL 33404

  • 156 days on market
    • Price drop $4,000↓
Welcome to your fully renovated oasis on Singer Island, where every thoughtful detail has been considered. This oceanside condo offers breathtaking ocean and Intracoastal views. The 2-bedroom, 2-bath unit has been beautifully remodeled, featuring a chef's kitchen with new appliances, sleek countertops, and soft-close cabinets. The inviting open space is perfect for entertaining, complemented by beautiful porcelain floors throughout. Rare in-unit washer and dryer, and Floor-to-ceiling slider doors with hurricane impact windows, leading to your glass balcony.The master bedroom boasts a custom walk-in closet and offers a stunning, unobstructed ocean view, allowing you to wake up to the serene sight of the waves each morning. Both bathrooms have been tastefully updated.

Details

Property type

Condominium

Est. home value

$622,587

Lot size

Unknown

Price per sq ft

$518

Year built

1974

Annual property taxes

$7,631

Monthly HOA fee

$1,325

Price History

09/20/2024
Beaches

Beaches #R10997681

Price change
$725,000
-0.55%
06/20/2024
Beaches

Beaches #R10997681

Listed
$729,000
+127.81%
02/26/2016
Beaches

Beaches #R10189217

Sold
$320,000

Schools & Community

Neighborhood: 

Singer Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Park, Street Lights

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

$606,719
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$60,281
Cash to seller
$606,719

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2016

Original loan amount

$125,000

Est. remaining balance

$60,281

Interest rate

3.26%

Loan type

New Conventional, 15 year

Seller

Elliott S Levy and Sheryl S Levy

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 11:55 PM

Listing updated: 09/30/2024 at 4:08 PM

Listed by: alexandre karagianis, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R10997681

Beaches logo

Recently listed in Singer Island

$1,745,000|3 bd|2.0 ba|House
$1,595,000|3 bd|2.0 ba|House

Explore top cities in Florida