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$725,000

Beds
3
Baths
2.0
sq ft
2,344

5481 Royal Palm Beach Blvd, West Palm Beach, FL 33411

5481 Royal Palm Beach Blvd

West Palm Beach, FL 33411

  • 151 days on market
    • Price drop $20,000↓
Florida Paradise! Corner lot with three driveways and three gates for easy access. Fully updated, beautiful kitchen and bathrooms. Features countertops, beautiful, backsplash, and luxury vinyl throughout the house. Stainless steel appliances, all white cabinets. Oversized patio fully permitted converted into an additional living space with AC. Fully fenced and lots of privacy! Perfect for you to park your RV, boat, camper trailer or machinery, equipped with 30 amp outlet for your RV. vaulted ceilings here shutters for all the windows and doors. Additional workshop/garage in the back of the property, it could be used as a utility shed as well.

Details

Property type

Single Family Residence

Est. home value

$657,986

Lot size

1.25 acres

Price per sq ft

$310

Year built

1994

Annual property taxes

$6,462

Price History

03/05/2025
Beaches

Beaches #R11033566

Listed
$725,000
03/02/2025
Beaches

Beaches #R11033566

Removed
$725,000
03/01/2025
Beaches

Beaches #R11033566

Price change
$725,000
-2.68%

Schools & Community

Elementary school: 

Golden Grove

Middle school: 

Western Pines

High school: 

Royal Palm Beach

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

$333,153
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$333,847
Cash to seller
$333,153

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

July 2020

Original loan amount

$370,878

Est. remaining balance

$333,847

Interest rate

3.21%

Loan type

FHA, 30 year

Seller

Gaitree Rambhajue and Rabbi S Rambhajue

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: 04/01/2025 at 10:25 PM

Listing updated: 03/13/2025 at 2:45 PM

Listed by: Vicky McKeown, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11033566

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