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$269,000

Beds
2
Baths
2.0
sq ft
1,200

5700 NW 2nd Ave Unit 401, Boca Raton, FL 33487

5700 NW 2nd Ave Unit 401

Boca Raton, FL 33487

  • 26 days on market
Nicely updated 2/2 end unit in East Boca, only 1.25 miles to Boca's pristine beaches. Also a short distance to the ''Humming'' downtown Atlantic Ave. in Delray Beach and close to downtown Boca Raton, Hundreds of shops, restaurants, the best grocery stores like Trader joe's, Whole Foods, Fresh Market and Publix close by. This unit has all impact windows and hurricane shutters on the back patio sliders. Kitchen has been updated with stainless appliances, updated cabinetry and faux granite countertops. Both baths also updated. Freshly painted, on the inside and washer and dryers are permitted to install in this unit. Building is going thru a total renovation inside and out at the sellers expense. Great 4th floor location, close to the community and also has a secure lobby for security.

Details

Property type

Condominium

Est. home value

$255,331

Lot size

Unknown

Price per sq ft

$225

Year built

1970

Annual property taxes

$1,788

Monthly HOA fee

$755

Price History

03/04/2025
Beaches

Beaches #R11068083

Listed
$269,000
+90.78%
08/30/2016
Beaches

Beaches #R10229310

Sold
$141,000

Schools & Community

Elementary school: 

Blue Lake (Palm Beach)

Middle school: 

Boca Raton Community

High school: 

Boca Raton Community

Community features: 

Pool, Sidewalks

Number of units in community: 

1300

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

$161,900
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$85,580
Cash to seller
$161,900

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

Seller’s Loan History

Lender

Resmac Inc

Loan start date

August 2016

Original loan amount

$105,750

Est. remaining balance

$85,580

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Juan Gabriel Castrillo Rivero

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: 03/31/2025 at 6:50 AM

Listing updated: 03/06/2025 at 9:59 AM

Listed by: Tony Petrolia, RE/MAX Services Phone #: (561) 912-3500

MLS: Beaches #R11068083

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