tomo logo

$279,000

Beds
2
Baths
2.0
sq ft
1,050

5500 NW 2nd Ave Unit 118, Boca Raton, FL 33487

5500 NW 2nd Ave Unit 118

Boca Raton, FL 33487

  • <1 day on market
Wow! Totally upgraded 1st floor 2/2 end unit located right next to laundry & lobby in this recently completely renovated/restored building, including new roof, no age restrictions (all ages over 18 welcome), backs to unbuildable open wooded space. Park right in front of the unit for quick & easy access! Unit features upgraded kitchen with granite counter tops, wood cabinets, stainless steel appliances, upgraded bathrooms w wood bathroom cabinets & upgraded plumbing fixtures w additional storage located out of unit! Come swim in the newly upgraded resurfaced pool located walking distance to unit. Located in the heart of Boca Raton, close to FAU, Yamato Shrub Nature Preserve, shopping, restaurants, art. music, culture, Boca Town Center mall, boating & beaches.Walk to places of worship!

Details

Property type

Condominium

Est. home value

$218,289

Lot size

Unknown

Price per sq ft

$266

Year built

1970

Annual property taxes

$1,445

Monthly HOA fee

$687

Price History

03/03/2025
Beaches

Beaches #R11067592

Listed
$279,000
+165.71%
03/30/2016
Beaches

Beaches #R10170789

Sold
$105,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

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

$220,506
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$36,174
Cash to seller
$220,506

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

March 2016

Original loan amount

$78,750

Est. remaining balance

$36,174

Interest rate

2.95%

Loan type

New Conventional, 15 year

Seller

Timothy R Castleberry

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: 03/03/2025 at 6:05 PM

Listing updated: 03/03/2025 at 5:15 PM

Listed by: Shelly Gibson, Affordable Assets Real Estate Phone #: (561) 445-1101

MLS: Beaches #R11067592

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