tomo logo

$689,000

Beds
2
Baths
2.0
sq ft
1,192

550 Okeechobee Blvd Unit 504, West Palm Beach, FL 33401

550 Okeechobee Blvd Unit 504

West Palm Beach, FL 33401

  • 227 days on market
    • Price drop $30,000↓
Welcome to your light, bright and airy sanctuary! Experience the epitome of modern living in this exquisite fully furnished retreat. Perfectly situated in the heart of booming and picturesque Downtown West Palm Beach, mere steps away from all the vibrant action! Indulge in unparalleled relaxation as you unwind on your private balcony oasis, offering breathtaking sunsets, a serene sea of palm trees, and mesmerizing city views that come alive with a twinkle after dusk. Step inside and be captivated by the contemporary open layout, adorned with ceramic tiles & sophisticated beach decor throughout that effortlessly flow throughout the living room and bedrooms. Pamper yourself in the luxurious ambience of the large walk-in closets, ensuring ample room for all your personal belongings.

Details

Property type

Condominium

Est. home value

$715,700

Lot size

Unknown

Price per sq ft

$579

Year built

2008

Annual property taxes

$8,699

Monthly HOA fee

$1,183

Price History

10/08/2024
Beaches

Beaches #R10976475

Price change
$689,000
-4.17%
08/26/2024
Beaches

Beaches #R10976475

Price change
$719,000
-4.01%
05/06/2024
Beaches

Beaches #R10976475

Price change
$749,000
-3.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Park

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

$492,900
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$140,980
Cash to seller
$492,900

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

Seller’s Loan History

Lender

West Town Savings Bank

Loan start date

September 2012

Original loan amount

$196,000

Est. remaining balance

$140,980

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

John F Adranovitz and Marlene T Adranovitz

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 4:30 PM

Listing updated: 10/07/2024 at 10:16 PM

Listed by: Justin Charles Keller, Compass Florida LLC (PB) Phone #: (305) 851-2820

MLS: Beaches #R10976475

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