tomo logo

$375,000

Beds
2
Baths
2.0
sq ft
1,170

5600 N Flagler Dr Unit 505, West Palm Beach, FL 33407

5600 N Flagler Dr Unit 505

West Palm Beach, FL 33407

  • 44 days on market
Large private beach! Updated 2 bedroom / 2 bath condo w/large balcony & Intracoastal view! Large Bedrooms and great living space! New interior paint, new recessed lighting, tiled floors throughout (NO CARPET), new dishwasher (never used), ALL impact windows and sliders, foyer closet, trash chute conveniently nearby, air conditioned storage locker. Manned gated entry, Building: front desk attendant (8:30-5), lobby, activity room, 2 social rooms (1 w/catering kitchen, 1 with wet bar), library, fitness, shower rm w sauna, pool w/waterfront sun deck, hot tub. tiki, grills, private beach, pier w day dock & cleaning station, kayak/canoe ($120/yr rental). Quiet location close to waterfront dog park, flotilla club (w referral), sailing club, manatee lagoon, PBI airport, and Rybovich Marina!

Details

Property type

Condominium

Est. home value

$387,730

Lot size

Unknown

Price per sq ft

$321

Year built

1978

Annual property taxes

$4,862

Monthly HOA fee

$1,200

Price History

10/09/2024
Beaches

Beaches #R11027578

Listed
$375,000
+36.36%
12/27/2021
Beaches

Beaches #R10760373

Sold
$275,000
+27.02%
09/27/2019
Beaches

Beaches #R10525866

Sold
$216,500

Schools & Community

Neighborhood: 

Northwood Harbor

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Number of units in community: 

281

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

$186,311
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$158,689
Cash to seller
$186,311

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

December 2021

Original loan amount

$169,000

Est. remaining balance

$158,689

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Charles W Boyer

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: 11/22/2024 at 6:35 AM

Listing updated: 10/13/2024 at 10:46 PM

Listed by: Theresa Tecson, Illustrated Properties Phone #: (561) 626-7900

MLS: Beaches #R11027578

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