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$520,000

Beds
3
Baths
3.0
sq ft
1,293

5709 Albert Rd, West Palm Beach, FL 33415

5709 Albert Rd

West Palm Beach, FL 33415

  • 212 days on market
    • Price drop $10,000↓
Welcome to the house of your dreams. Beautiful pool home with 3 bedrooms and 3 baths, recently remodeled. Ceramic and wood floors, Quartz counter top, A/C is 2017 and roof and impact windows 2022, NEW electric panel from 2024, NEW water heater from 2024. It offers not only impressive living space but also a unique opportunity to earn rental income. The east wing has its own separate entrance and path, making it perfect for use as a rental unit or Airbnb. It's also perfect for an in-law suite! Don't miss out on this unique property and schedule your tour today! Is located in a nice neighborhood, just the property that you are looking for!

Details

Property type

Single Family Residence

Est. home value

$470,170

Lot size

7,148 sq ft

Price per sq ft

$403

Year built

1962

Annual property taxes

$2,969

Price History

12/23/2024
Beaches

Beaches #R10998803

Price change
$520,000
-1.89%
11/16/2024
Beaches

Beaches #R10998803

Removed
$530,000
09/30/2024
Beaches

Beaches #R10998803

Listed
$530,000

Schools & Community

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

$34,970
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$443,430
Cash to seller
$34,970

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

April 2023

Original loan amount

$451,668

Est. remaining balance

$443,430

Interest rate

6.73%

Loan type

FHA, 30 year

Seller

Leonardo Garcia

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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Status: Active

Tomo last checked: 01/22/2025 at 2:25 PM

Listing updated: 01/02/2025 at 1:37 PM

Listed by: Mara Cartaya Garcia, The Lab Realty Group, LLC Phone #: (786) 791-7433

MLS: Beaches #R10998803

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