tomo logo

$3,200,000

Beds
Unknown
sq ft
Unknown

5647 Sims Rd, Delray Beach, FL 33484

5647 Sims Rd

Delray Beach, FL 33484

  • 1048 days on market
    • Price drop $200,000↓
Seize the opportunity to develop this highly visible 3.43 acre site on Lake Ida Rd. in Delray Beach. This parcel would be great for Townhomes, Apartments, or even has an Assisted Living Facility. Multiple new and upcoming developments with-in a mile. This site has a future land use of HR-8 in unincorporated Palm Beach County.

Details

Property type

Est. home value

$599,112

Lot size

3.43 acres

Price per sq ft

Unknown

Year built

Unknown

Annual property taxes

$7,514

Price History

05/28/2024
Beaches

Beaches #R10760477

Price change
$3,200,000
-5.88%
11/22/2021
Beaches

Beaches #R10760477

Listed
$3,400,000
+1012.93%
02/01/2017
Beaches

Beaches #R10292166

Sold
$305,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Atlantic Technical

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Florida Housing Finance Corp

Loan start date

January 2013

Original loan amount

$42,000

Est. remaining balance

Not provided

Interest rate

2.67%

Loan type

Stand Alone Second, 10 year

Seller

Sherry Hamm

Lender

Washington Mutual Bank

Loan start date

July 1999

Original loan amount

$108,750

Est. remaining balance

Not provided

Interest rate

7.51%

Loan type

New Conventional

Seller

Gordon Hamm and Sherry Hamm

Lender

Huntington Mortgage Co

Loan start date

February 1996

Original loan amount

$108,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

New Conventional

Seller

Gordon Hamm and Sherry Notnagle

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?

Similar Homes Nearby

Price drop
Beaches
$3,299,950
5 bd
|
2 ba
|
2,975 sq ft
|
House

6739 Skyline Dr, Delray Beach, FL 33446

Status: Active

Tomo last checked: 10/05/2024 at 12:25 AM

Listing updated: 09/30/2024 at 4:57 PM

Listed by: Brett Troskey, YourIgloo Real Estate LLC Phone #: (561) 572-2460

MLS: Beaches #R10760477

Beaches logo

Recently listed in Delray Beach