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$599,999

Beds
3
Baths
3.0
sq ft
2,168

5555 N Ocean Blvd Unit 62, Lauderdale By The Sea, FL 33308

5555 N Ocean Blvd Unit 62

Lauderdale By The Sea, FL 33308

  • 74 days on market
    • Price drop $30,001↓
Fabulous Location! 3 bed, 3 full baths, multi level townhome! 1st floor features 1 bedroom and full bath located on 1st floor Great in-law suite or private office area! 2 full suites located on top floor, 1 suite offer soaking tub, double vanity / shower , private balcony, fabulous adjustable custom closets, you will never be lacking storage here! Expansive main living area updated luxury flooring with floor to ceiling impact windows and doors! Kitchen offers large breakfast bar, separate dining area, access balcony and your private courtyard. This amazing home is situated between beach and intracoastal in Lauderdale by the Sea and all it has to offer! Meticulously maintained community, offers private beach access, pick up dock, park, 3 pools, tiki hut, tennis, pickleball, gym and sauna!

Details

Property type

Townhouse

Est. home value

$534,518

Lot size

Unknown

Price per sq ft

$277

Year built

1972

Annual property taxes

$6,488

Monthly HOA fee

$1,187

Price History

11/09/2024
Beaches

Beaches #F10458769

Price change
$599,999
-4.76%
09/09/2024
Beaches

Beaches #F10458769

Listed
$630,000
+57.89%
10/12/2021
Beaches

Beaches #F10276207

Sold
$399,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$456,905
Asking price
$599,999
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$95,094
Cash to seller
$456,905

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

Seller’s Loan History

Lender

Choice Mortgage

Loan start date

March 2023

Original loan amount

$97,000

Est. remaining balance

$95,094

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Jeffrey Deforrest and Sally Deforrest

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?

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Status: Active

Tomo last checked: 11/22/2024 at 3:40 PM

Listing updated: 11/11/2024 at 1:14 PM

Listed by: Lynn Chace, United Realty Group Inc Phone #: (954) 450-2000

MLS: Beaches #F10458769

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