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$525,000

Beds
2
Baths
2.0
sq ft
1,025

651 Okeechobee Blvd Unit 804, West Palm Beach, FL 33401

651 Okeechobee Blvd Unit 804

West Palm Beach, FL 33401

  • 58 days on market
    • Price drop $24,999↓
Don't miss this beautiful 2BR/2BA condo in the heart of West Palm Beach - just steps from shopping, dining, and nightlife in Rosemary Square and minutes from the beach and airport - everything you could need is at your fingertips! The open floor plan is great for entertaining, and the home features new appliances and updated kitchen and bathrooms for a modern and luxurious feel. Your balcony has incredible city views of downtown West Palm Beach area - have your coffee outside and enjoy the south Florida weather! With 2 parking spots included, this is the perfect home, second home, or investment property. Imagine walking to the BEST farmers markets on Sundays or relaxing at home with great building amenities including a pool and gym. Assessments will be paid by seller at closing.

Details

Property type

Condominium

Est. home value

$539,842

Lot size

Unknown

Price per sq ft

$513

Year built

2001

Annual property taxes

$4,077

Monthly HOA fee

$1,228

Price History

12/29/2024
Beaches

Beaches #R11040028

Price change
$525,000
-4.55%
11/25/2024
Beaches

Beaches #R11040028

Listed
$549,999

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$304,729
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$178,271
Cash to seller
$304,729

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

August 2017

Original loan amount

$210,000

Est. remaining balance

$178,271

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Marie Andrea Sklar

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 3:40 PM

Listing updated: 01/02/2025 at 1:46 PM

Listed by: Melissa Alexander, Echo Fine Properties Phone #: (561) 500-3246

MLS: Beaches #R11040028

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