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$435,000

Beds
2
Baths
2.0
sq ft
1,130

6 Royal Palm Way Unit 509, Boca Raton, FL 33432

6 Royal Palm Way Unit 509

Boca Raton, FL 33432

  • 29 days on market
Welcome to Paradise! This fully remodeled unit with city permits, offers stunning water views from the balcony. New kitchen cabinets, new AC, stainless steel appliances, electrical panel, laminate flooring with sound proofing, walk in closets ,bathrooms with backpainted glass shower walls and custom ceiling lighting.Ideally located just minutes from Mizner park, the beach, Hillsboro park and the new brightline station. Boca Bayou is a 24 hr manned gated community featuring tennis courts, pickleball, multiple pools. A brand new clubhouse is under construction.Plus, there are no assessments or concrete restoration concerns.Parking space - Right in front of the building/elevator.All special assessments have already been paid by the seller.

Details

Property type

Condominium

Est. home value

$392,048

Lot size

Unknown

Price per sq ft

$385

Year built

1977

Annual property taxes

$4,202

Monthly HOA fee

$733

Price History

08/22/2024
Beaches

Beaches #R11014505

Listed
$435,000
+50.57%
07/15/2021
Beaches

Beaches #F10275904

Sold
$288,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, 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

$144,642
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$255,558
Cash to seller
$144,642

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2021

Original loan amount

$274,455

Est. remaining balance

$255,558

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Glenn Comiskey

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: 09/20/2024 at 12:30 AM

Listing updated: 09/03/2024 at 2:46 PM

Listed by: Daniel Lopez, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #R11014505

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