tomo logo

$1,250,000

Beds
1
Baths
1.5
sq ft
1,580

550 SE Mizner Blvd Unit B, Boca Raton, FL 33432

550 SE Mizner Blvd Unit B

Boca Raton, FL 33432

  • 200 days on market
    • Price drop $200,000↓
Welcome to Townsend Place! YOUR LIFESTYLE DREAM COME TRUE! This gorgeous unit offers a spacious open floor plan and plenty of natural light, the leaving room connects to the balcony, you step through the impact glass doors to be greeted by the beautiful outdoor views of the resort-style pool and the spectacular, breathtaking, relaxing views of the golf course! The formal dinning room connects to the gourmet kitchen. It also futures a spacious custom cabinetry, pantry, large walk-in laundry room with plenty storage and cabinetry, all new appliances and countertops throughout kitchen and bathrooms. The lavish primary Master Suite includes, doors to the outside balcony, two generous walk-in master closets and dual sinks, a separate large shower and spa.

Details

Property type

Condominium

Est. home value

$1,351,508

Lot size

Unknown

Price per sq ft

$792

Year built

2003

Annual property taxes

$11,905

Monthly HOA fee

$1,893

Price History

05/30/2024
Beaches

Beaches #R10966434

Price change
$1,250,000
-13.79%
03/18/2024
Beaches

Beaches #R10966434

Price change
$1,450,000
-9.38%
03/07/2024
Beaches

Beaches #R10966434

Listed
$1,600,000
-20.6%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Sidewalks

Number of units in community: 

195

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

$884,099
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$265,901
Cash to seller
$884,099

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

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

March 2018

Original loan amount

$420,000

Est. remaining balance

$265,901

Interest rate

3.68%

Loan type

New Conventional, 15 year

Seller

Martin Bogrow and Nomi Bogrow

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: 09/22/2024 at 8:25 PM

Listing updated: 09/04/2024 at 10:56 AM

Listed by: Alexandra Gonzalez, Fortune Christie's International Real Estate Phone #: (305) 400-6393

MLS: Beaches #R10966434

Beaches logo

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