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$538,000

Beds
2
Baths
2.5
sq ft
1,500

5555 N Ocean Blvd Unit 40, Lauderdale By The Sea, FL 33308

5555 N Ocean Blvd Unit 40

Lauderdale By The Sea, FL 33308

  • 6 days on market
A must see, this stunning newly renovated 2 bedroom 2.5 bath townhome located in the heart of Lauderdale by the Sea. This beachside gem features impact windows for storm protection along with a spacious open floor plan showcasing modern finishes. The gourmet kitchen is equipped with sleek quartz countertops, stainless steel appliances and ample storage. Perfect for cooking and entertaining. Enjoy your own private patio, ideal for outdoor entertaining or relaxing after a day at the beach. Situated in a vibrant beach community with unbeatable amenities including 3 heated pools, tennis courts, pickleball, a clubhouse, saunas and beach access. Just steps away from great restaurants, shopping and lively nightlife. Experience the best of South Florida living in this prime location.

Details

Property type

Condominium

Est. home value

$451,519

Lot size

Unknown

Price per sq ft

$359

Year built

1972

Annual property taxes

$6,366

Monthly HOA fee

$1,271

Price History

01/09/2025
Beaches

Beaches #F10479977

Listed
$538,000
-1.99%
05/09/2024
Beaches

Beaches #F10413335

Removed
$548,900
05/01/2024
Beaches

Beaches #F10413335

Price change
$548,900
-1.81%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

88

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

$247,322
Asking price
$538,000
Closing costs (~8% of asking)
-$43,040
Est. remaining loan balance
-$247,638
Cash to seller
$247,322

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

March 2022

Original loan amount

$262,500

Est. remaining balance

$247,638

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Janet Ellis Beale and Kenneth Beale

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: 01/15/2025 at 7:40 AM

Listing updated: 01/11/2025 at 4:35 AM

Listed by: Robin Passman, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10479977

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