tomo logo

$86,500

Beds
1
Baths
1.5
sq ft
760

554 Burgundy L, Delray Beach, FL 33484

554 Burgundy L

Delray Beach, FL 33484

  • 6 days on market
great upgraded and furnished 2nd floor burgundy 'L' 1/1.5 unit. Kitchen and bathrooms lavishly upgraded. Stainless appl's in the kitchen with stunning mosaic glass backsplash. Granite countertops. Patio has full side by side washer/dryer in the utility closet. Gorgeous tiled flooring throughout (looks like wood laminate but it's plank tiling. ONLY thing a buyer needs to do is replace primary bedroom flooring. Make it your own selection, as the old stained carpeting was removed. You are just 30 feet from the outdoor Burgundy pool. Priced so perfectly for what is being offered.

Details

Property type

Condominium

Est. home value

$119,751

Lot size

Unknown

Price per sq ft

$114

Year built

1979

Annual property taxes

$451

Monthly HOA fee

$609

Price History

02/19/2025
Beaches

Beaches #R11065173

Listed
$86,500
+82.11%
08/01/2014
Beaches

Beaches #R10040294

Sold
$47,500

Schools & Community

Neighborhood: 

Kings Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Golf, Gated, Tennis Court(s)

Senior community center: 

Yes

Number of units in community: 

7200

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

$44,368
Asking price
$86,500
Closing costs (~8% of asking)
-$6,920
Est. remaining loan balance
-$35,212
Cash to seller
$44,368

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

July 2014

Original loan amount

$45,125

Est. remaining balance

$35,212

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Kenneth W Davis

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: 02/25/2025 at 2:55 PM

Listing updated: 02/23/2025 at 9:05 PM

Listed by: Stu Birke, Huntington Signature RE LLC Phone #: (561) 404-7263

MLS: Beaches #R11065173

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