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$125,000

Beds
2
Baths
2.0
sq ft
990

550 NW 80th Ter Unit 103, Margate, FL 33063

550 NW 80th Ter Unit 103

Margate, FL 33063

  • 90 days on market
    • Price drop $3,900↓
Motivated Seller>>Spacious 2 bedroom and full 2 baths, plenty of closets space, enclosed balcony with garden views. Unit is recently painted, Tile and laminate flooring. Unit is in great conditions and ready to move into. New A/C system 1 year old. Amenities include 2 swimming pools, entertainment room & pool tables + social room, storage and laundry room. Community is located within minutes of Oriole Golf Club and close proximity of Coral Springs Mall, Best Buy. Association states is 55. One owner must be at least 55 years of age. Come to live in a well maintained community.

Details

Property type

Condominium

Est. home value

$144,093

Lot size

Unknown

Price per sq ft

$127

Year built

1974

Annual property taxes

$301

Monthly HOA fee

$494.67

Price History

01/06/2025
SEF

SEF #A11687090

Price change
$125,000
-3.03%
12/11/2024
SEF

SEF #A11687090

Price change
$128,900
-0.77%
11/02/2024
SEF

SEF #A11687090

Listed
$129,900
-5.87%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

Number of units in community: 

16

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

$12,971
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$102,029
Cash to seller
$12,971

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

Seller’s Loan History

Lender

Cornerstone First Mortgage Inc

Loan start date

September 2023

Original loan amount

$103,500

Est. remaining balance

$102,029

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Mario Ribeiro

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: 02/02/2025 at 5:00 AM

Listing updated: 01/06/2025 at 4:50 PM

Listed by: Ivan Prado, Prado International R.E. Group Phone #: (305) 206-1968

MLS: SEF #A11687090

SEF logo

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