tomo logo

$750,000

Beds
2
Baths
2.0
sq ft
1,439

555 SE 6th Ave Unit 7H, Delray Beach, FL 33483

555 SE 6th Ave Unit 7H

Delray Beach, FL 33483

  • 411 days on market
    • Price drop $70,000↓
Stunning, 2/2 with a waterfront view of the Intracoastal Waterway and Atlantic Ocean. This 7th floor unit with an open kitchen layout has an incredible view of Delray to the West, North, and East. The unit includes a carport space. Short distance (.64 miles) to Atlantic Ave. Short distance (1.2 miles) to the beach. 24/7 security. Impact windows. Association application fee is $150 and deposit is a $500 refundable move-in deposit. Financing requires 20% down. No rentals allowed. No Pets. No Washer and Dryer in unit. Common laundry room on each floor. Additional 72 sq. ft. of the enclosed porch area is included in the living sq. ft. All measurements are approximate and subject to error, omission, and changes without notice.

Details

Property type

Condominium

Est. home value

$802,670

Lot size

Unknown

Price per sq ft

$522

Year built

1972

Annual property taxes

$3,907

Monthly HOA fee

$1,513

Price History

03/30/2024
Beaches

Beaches #R10913385

Price change
$750,000
-8.54%
08/21/2023
Beaches

Beaches #R10913385

Listed
$820,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Park, 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

$317,583
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$372,417
Cash to seller
$317,583

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

June 2022

Original loan amount

$385,000

Est. remaining balance

$372,417

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Cedric E Hill and Mary L Hill

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: 10/05/2024 at 12:30 AM

Listing updated: 09/30/2024 at 4:42 PM

Listed by: The Anglers Agent Allison, Balistreri Real Estate Inc Phone #: (561) 886-1600

MLS: Beaches #R10913385

Beaches logo

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