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$749,000

Beds
4
Baths
2.0
sq ft
1,758

5800 NE 18th Ave, Fort Lauderdale, FL 33334

5800 NE 18th Ave

Fort Lauderdale, FL 33334

  • 50 days on market
This magnificent 4 bedroom, 2 bathroom home offers an unparalleled opportunity for homeowners and investors. Enjoy the beautiful heated pool and spacious covered patio, perfect for entertaining and relaxing. The home features spacious living areas with natural light and an open concept kitchen with modern appliances. Primary suite offers a peaceful retreat with pool access, while three additional bedrooms provide flexibility for guests, family, or a home office. Located in the desirable Imperial Point neighborhood of Fort Lauderdale, this property holds significant potential for rental income. Investors take note: With its prime location and luxurious amenities, this home presents a lucrative rental opportunity. Schedule your showing by calling realtor for details.

Details

Property type

Single Family Residence

Est. home value

$736,664

Lot size

7,800 sq ft

Price per sq ft

$427

Year built

1962

Annual property taxes

$9,959

Price History

05/16/2024
SEF

SEF #A11588485

Listed
$749,000
+45.44%
07/30/2021
SEF

SEF #A11059818

Sold
$515,000
+64.54%
08/26/2015
SEF

SEF #A2100516

Sold
$313,000

Schools & Community

Neighborhood: 

Imperial Point

Elementary school: 

Floranada

Middle school: 

James S. Rickards

High school: 

Northeast

Community features: 

Street Lights, Sidewalks

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

$303,118
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$385,962
Cash to seller
$303,118

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

July 2021

Original loan amount

$411,948

Est. remaining balance

$385,962

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Steven Cerqua

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: 07/04/2024 at 11:40 PM

Listing updated: 06/28/2024 at 9:44 AM

Listed by: Steven Cerqua, Santa Stella Real Estate Inc Phone #: (786) 325-1333

MLS: SEF #A11588485

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