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$199,000

Beds
2
Baths
1.5
sq ft
875

5700 NE 22nd Way Unit 310, Fort Lauderdale, FL 33308

5700 NE 22nd Way Unit 310

Fort Lauderdale, FL 33308

  • 77 days on market
    • Price drop $15,000↓
Great location and value! Bright, first floor, corner condominium home with 2 beds/1.5 baths. Near Holy Cross & Imperial Pount Hospitals. Attractive wainscoting & brand new flooring. Assigned parking. New roof in 2024. New AC. Located in desirable Imperial Point Gardens Condominium in East Fort Lauderdale. Kitchen has stainless steel appliances & plenty of storage. Primary bedroom has ensuite half bath & walk-in closet. Second bedroom features attractive built-ins. Accordion shutters. Private parking space, pool & laundry near unit. Building is meticulously maintained & has excellent amenities including pool & clubhouse. Recently-renovated hallways. Close to restaurants, shopping, Fresh Market, Lauderdale-by-the-Sea. Short drive to Fort Lauderdale airport, downtown and beach.

Details

Property type

Condominium

Est. home value

$224,521

Lot size

Unknown

Price per sq ft

$228

Year built

1970

Annual property taxes

$3,905

Monthly HOA fee

$652

Price History

12/05/2024
Beaches

Beaches #F10463862

Price change
$199,000
-7.01%
12/01/2024
Beaches

Beaches #F10463862

Price change
$214,000
-2.72%
10/25/2024
Beaches

Beaches #F10463862

Price change
$219,990
-2.22%

Schools & Community

Neighborhood: 

Imperial Point

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

$42,770
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$140,310
Cash to seller
$42,770

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2022

Original loan amount

$144,900

Est. remaining balance

$140,310

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Jorge Castellano

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: 12/22/2024 at 8:50 PM

Listing updated: 12/10/2024 at 12:55 PM

Listed by: Carmen Maria Lopez, Balistreri Real Estate Inc Phone #: (954) 489-3100

MLS: Beaches #F10463862

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