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$625,000

Beds
2
Baths
2.0
sq ft
1,330

5480 N Ocean Dr Unit A6D, Riviera Beach, FL 33404

5480 N Ocean Dr Unit A6D

Riviera Beach, FL 33404

  • 45 days on market
    • Price drop $19,900↓
STUNNING Beachfront Condo with Unbeatable Views!**Seller will pay the current assessment in FULL at closing! No upcoming assessments per the most recent board meeting.**Discover this gorgeous, turnkey beachfront property surrounded by breathtaking ocean and Intracoastal water views, offering stunning sunrises and sunsets. Located in the boutique luxury condo community of Dunes Towers on Singer Island, this residence provides amazing views of the Intracoastal Waterway and direct access to the pristine blue waters of the Atlantic Ocean.

Details

Property type

Condominium

Est. home value

$553,486

Lot size

90 sq ft

Price per sq ft

$470

Year built

1972

Annual property taxes

$8,922

Monthly HOA fee

$1,481

Price History

08/06/2024
Beaches

Beaches #R11007035

Price change
$625,000
-3.09%
07/25/2024
Beaches

Beaches #R11007035

Listed
$644,900
06/19/2024
Beaches

Beaches #R10967436

Removed
$644,900

Schools & Community

Neighborhood: 

Singer Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Street Lights, Sidewalks

Number of units in community: 

80

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

$242,384
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$332,616
Cash to seller
$242,384

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

Seller’s Loan History

Lender

Cason Home Loans

Loan start date

March 2022

Original loan amount

$350,000

Est. remaining balance

$332,616

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

David Simmonds and Christa Simmonds

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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4200 N Ocean Dr Unit 2-505, Riviera Beach, FL 33404

Status: Active

Tomo last checked: 09/08/2024 at 4:00 AM

Listing updated: 08/27/2024 at 4:39 AM

Listed by: Corinne Misenar, William Raveis Real Estate Phone #: (772) 546-4466

MLS: Beaches #R11007035

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