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$889,000

Beds
2
Baths
2.0
sq ft
1,120

550 Okeechobee Blvd Unit 1417, West Palm Beach, FL 33401

550 Okeechobee Blvd Unit 1417

West Palm Beach, FL 33401

  • 21 days on market
This direct east-facing 2-bedroom, 2-bathroom condo is situated in the vibrant heart of downtown West Palm Beach, only a block from the myriad of shops and dining options WPB is known for. It boasts ocean and Intracoastal views from every room. The unit features double walk-in closets for generous storage and a large, open balcony that faces east, offering views of the sunrise over the ocean and Intracoastal. This stunning condo could be your new permanent residence or an elegant seasonal retreat amidst all that West Palm has to offer, complete with parking space number 432.

Details

Property type

Condominium

Est. home value

$828,029

Lot size

Unknown

Price per sq ft

$794

Year built

2008

Annual property taxes

$6,411

Monthly HOA fee

$1,183

Price History

11/01/2024
SEF

SEF #A11686191

Listed
$889,000
+110.66%
08/29/2014
Beaches

Beaches #R9981811

Sold
$422,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$694,887
Asking price
$889,000
Closing costs (~8% of asking)
-$71,120
Est. remaining loan balance
-$122,993
Cash to seller
$694,887

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

Seller’s Loan History

Lender

Td Bank Na

Loan start date

July 2014

Original loan amount

$337,600

Est. remaining balance

$122,993

Interest rate

3.23%

Loan type

New Conventional, 15 year

Seller

Jorge A Fortun

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 10:30 AM

Listing updated: 11/11/2024 at 10:45 AM

Listed by: Jonathan Gardere, Interinvestments Realty, Inc. Phone #: (305) 220-1101

MLS: SEF #A11686191

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