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$795,000

Beds
3
Baths
2.0
sq ft
1,594

5701 NE 16th Ter, Fort Lauderdale, FL 33334

5701 NE 16th Ter

Fort Lauderdale, FL 33334

  • 145 days on market
    • Price drop $4,000↓
Turn-key fully furnished home in the popular Coral Ridge Isle neighborhood within 5 mins of the beach/Lauderdale by the Sea & 10 mins from downtown Ft Lauderdale. The home features an updated kitchen with marble backsplash, granite countertops, stainless appliances, and a double sink that overlooks your dining & living room areas. Out back you'll find a partially covered area with travertine flooring surrounding the large screened in pool, with furnished extended travertine deck & turf for the perfect backyard oasis. Added bonus for Florida living: a whole house gas generator & full impact doors & windows. No HOA, able to be rented or airbnb immediately!

Details

Property type

Single Family Residence

Est. home value

$826,881

Lot size

8,150 sq ft

Price per sq ft

$499

Year built

1964

Annual property taxes

$14,050

Price History

06/24/2024
Beaches

Beaches #F10423112

Price change
$795,000
-0.5%
06/14/2024
Beaches

Beaches #F10423112

Price change
$799,000
-0.12%
04/20/2024
Beaches

Beaches #F10423112

Price change
$799,999
-3.61%

Schools & Community

Neighborhood: 

Coral Ridge Isles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$355,617
Asking price
$795,000
Closing costs (~8% of asking)
-$63,600
Est. remaining loan balance
-$375,783
Cash to seller
$355,617

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

September 2018

Original loan amount

$418,500

Est. remaining balance

$375,783

Interest rate

4.59%

Loan type

New Conventional, 30 year

Seller

Michael Irene and Alexis Marie Jacobsen

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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5610 NE 15th Ave, Fort Lauderdale, FL 33334

Status: Active

Tomo last checked: 07/02/2024 at 7:45 PM

Listing updated: 06/23/2024 at 10:33 PM

Listed by: Alexis Irene, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: Beaches #F10423112

Beaches logo

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