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$1,950,000

Beds
5
Baths
4.0
sq ft
4,980

625 NE 15th Ave, Fort Lauderdale, FL 33304

625 NE 15th Ave

Fort Lauderdale, FL 33304

  • 15 days on market
Discover this unique 5-bedroom home in the heart of highly sought-after Victoria Park! Featuring a sparkling pool, 2014 roof, and full hurricane protection, this property is perfect as a primary family residence or a lucrative Airbnb investment. Located just steps from parks and top-rated restaurants, the home offers both convenience and charm. Option to purchase fully furnished makes moving in a breeze. Don't miss this opportunity to own in one of Fort Lauderdale's premier neighborhoods!

Details

Property type

Single Family Residence

Est. home value

$1,491,036

Lot size

5,563 sq ft

Price per sq ft

$392

Year built

1935

Annual property taxes

$23,381

Price History

01/07/2025
Beaches

Beaches #F10479203

Listed
$1,950,000
+27.87%
09/29/2022
Beaches

Beaches #F10330694

Sold
$1,525,000
+77.33%
05/05/2021
Beaches

Beaches #F10245653

Sold
$860,000
+15.44%

Schools & Community

Neighborhood: 

Victoria Park

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

$826,970
Asking price
$1,950,000
Closing costs (~8% of asking)
-$156,000
Est. remaining loan balance
-$967,030
Cash to seller
$826,970

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

September 2022

Original loan amount

$1,000,000

Est. remaining balance

$967,030

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Erica Fauer and Adam Fauer

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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1512 SE 1st St Unit A, Fort Lauderdale, FL 33301

Status: Active

Tomo last checked: 01/22/2025 at 2:50 AM

Listing updated: 01/12/2025 at 4:10 PM

Listed by: Joanna Levin, Compass Florida LLC Phone #: (561) 300-6056

MLS: Beaches #F10479203

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