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$509,000

Beds
1
Baths
1.0
sq ft
755

550 Okeechobee Blvd Unit 1112, West Palm Beach, FL 33401

550 Okeechobee Blvd Unit 1112

West Palm Beach, FL 33401

  • 34 days on market
Discover the epitome of urban living at 550 Okeechobee Blvd, Unit 1112, within the prestigious Cityplace South Tower in downtown West Palm Beach. This exceptional 1-bedroom, 1-bathroom residence offers a lifestyle of convenience and sophistication. Situated in the heart of the vibrant Cityplace district, you'll enjoy proximity to shops, restaurants, the Kravis Center, and the Convention Center just steps from your front door. Step inside this elegant urban retreat to find upgraded flooring throughout, creating a warm and inviting ambiance. The kitchen boasts granite countertops and stainless steel appliances, making meal preparation a delight.

Details

Property type

Condominium

Est. home value

$495,640

Lot size

Unknown

Price per sq ft

$675

Year built

2008

Annual property taxes

$7,435

Monthly HOA fee

$638

Price History

10/19/2024
Beaches

Beaches #R11029861

Listed
$509,000
10/05/2024
Beaches

Beaches #R10925314

Removed
$509,000
10/05/2023
Beaches

Beaches #R10925314

Listed
$509,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse

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

$328,660
Asking price
$509,000
Closing costs (~8% of asking)
-$40,720
Est. remaining loan balance
-$139,620
Cash to seller
$328,660

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

Seller’s Loan History

Lender

Group One Mortgage Corp

Loan start date

September 2016

Original loan amount

$170,000

Est. remaining balance

$139,620

Interest rate

3.48%

Loan type

New Conventional, 30 year

Seller

Ryan Burke and David Burke

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 11:25 AM

Listing updated: 10/19/2024 at 8:15 AM

Listed by: Sheerin Feizi, Re/Max Direct Phone #: (561) 880-2600

MLS: Beaches #R11029861

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