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$999,000

Beds
1
Baths
1.5
sq ft
1,580

550 SE Mizner B506 Boulevard Blvd Unit B506, Boca Raton, FL 33432

550 SE Mizner B506 Boulevard Blvd Unit B506

Boca Raton, FL 33432

  • 37 days on market
Discover sophisticated living at 550 Southeast Mizner Boulevard, Unit B506, in Boca Raton, FL. This stylish 1-bedroom, 1.5-bathroom residence spans 1,580 sq. ft. and is packed with upscale features. Located in a recently renovated midrise building, you'll enjoy top-tier amenities such as a doorman, concierge services, and valet parking. Stay fit in the on-site gym, relax by the resort style pool, or enjoy the sauna or recreation room. Boca Raton's best restaurants, shopping, and beaches are all within walking distance!Additional highlights of this residence include a billiards room, expansive outdoor space, a bike room, and an oversized laundry room with a dedicated storage unit. Experience the perfect blend of luxury and convenience residing in this prime downtown Boca location!

Details

Property type

Condominium

Est. home value

$837,858

Lot size

120 sq ft

Price per sq ft

$633

Year built

2003

Annual property taxes

$5,676

Monthly HOA fee

$1,893

Price History

10/17/2024
Beaches

Beaches #R11029174

Listed
$999,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Number of units in community: 

196

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

$607,771
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$311,309
Cash to seller
$607,771

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

November 2021

Original loan amount

$332,758

Est. remaining balance

$311,309

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Georgia R Palmer

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: 11/23/2024 at 12:15 AM

Listing updated: 10/17/2024 at 12:05 PM

Listed by: Mimi Mangines, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11029174

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