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$1,155,000

Beds
4
Baths
3.5
sq ft
3,366

5869 NW 56th Dr, Coral Springs, FL 33067

5869 NW 56th Dr

Coral Springs, FL 33067

  • 33 days on market
    • Price drop $40,000↓
Welcome to your dream home in the prestigious Coral Creek community, one of Coral Springs’ most sought-after gated neighborhoods. This luxurious property borders Parkland and Coconut Creek, offering privacy and easy access to top schools, parks, and amenities. It features custom impact French doors, 40x40 marble flooring, luxury vinyl upstairs, a chef’s kitchen with Sub-Zero appliances, and a water filtration system. Upgrades include a saltwater softener, tankless water heater, impact windows and doors. Relax by the fireplace or renovated pool with a heater. The home also boasts zebra blinds, a massive second family room, upgraded glass doors, tropical landscaping, smart HD tech, a security system, and garage screen enclosure. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$970,886

Lot size

9,169 sq ft

Price per sq ft

$344

Year built

2002

Annual property taxes

$12,977

HOA fee

$250

Price History

02/07/2025
SEF

SEF #A11728199

Price change
$1,155,000
-3.35%
01/20/2025
SEF

SEF #A11728199

Listed
$1,195,000
+51.27%
12/01/2021
Beaches

Beaches #F10304187

Sold
$790,000

Schools & Community

Elementary school: 

Park Springs

Middle school: 

Forest Glen

High school: 

Coral Springs

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

$773,969
Asking price
$1,155,000
Closing costs (~8% of asking)
-$92,400
Est. remaining loan balance
-$288,631
Cash to seller
$773,969

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

November 2021

Original loan amount

$350,000

Est. remaining balance

$288,631

Interest rate

2.23%

Loan type

New Conventional, 16 year

Seller

Connie Gibson and Derick Gibson

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: 02/23/2025 at 11:35 AM

Listing updated: 02/07/2025 at 12:00 PM

Listed by: Pablo Gomez PA, Lifestyle International Realty Phone #: (305) 809-8085

MLS: SEF #A11728199

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