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$485,000

Beds
1
Baths
1.0
sq ft
794

550 Okeechobee Blvd Unit 314, West Palm Beach, FL 33401

550 Okeechobee Blvd Unit 314

West Palm Beach, FL 33401

  • 1 day on market
BEST VALUE IN CITYPLACE SOUTH TOWER! This 1 bedroom 1 bathroom unit comes replete with updated flooring in the master bedroom, updated Bosch appliances, recently replaced Whirlpool stackable washer/dryer, and a highly sought after storage unit located on the same floor. This unit has been impeccably maintained by its owner-occupant and is ready for its new owner. Eastern views of the neighboring Convention Center Hilton ensures de minimis road noise from Okeechobee Blvd. while boasting tremendous walkability and upscale building amenities.

Details

Property type

Condominium

Est. home value

$442,697

Lot size

Unknown

Price per sq ft

$611

Year built

2008

Annual property taxes

$2,672

Monthly HOA fee

$797

Price History

09/20/2024
Beaches

Beaches #R11022729

Listed
$485,000
+106.38%
10/31/2017
Beaches

Beaches #R10332243

Sold
$235,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Td Bank Na

Loan start date

September 2022

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

Stand Alone Second, 30 year

Seller

Thomas J Chelman and Luize Chelman

Lender

Open Mortgage Llc

Loan start date

January 2022

Original loan amount

$220,000

Est. remaining balance

$207,656

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Thomas J Chelman and Luize Chelman

Lender

Union Home Mortgage Corp

Loan start date

October 2017

Original loan amount

$188,000

Est. remaining balance

$161,694

Interest rate

3.78%

Loan type

New Conventional, 30 year

Seller

Thomas J Chelman

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: 09/20/2024 at 8:00 PM

Listing updated: 09/20/2024 at 4:39 PM

Listed by: David Poli Burck, Compass Florida LLC (PB) Phone #: (305) 851-2820

MLS: Beaches #R11022729

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