tomo logo

$4,899,900

Beds
4
Baths
3.5
sq ft
4,000

6731 Donald Ross Rd, Palm Beach Gardens, FL 33418

6731 Donald Ross Rd

Palm Beach Gardens, FL 33418

  • 571 days on market
Good place to park some money rather than vacant land. For sale strictly as an income/investment/land bank property only. Not for occupancy or use by a buyer as the sale will be subject to a 5 year lease with the current owner as tenant with an additional 5 year option. Tenant pays $10,000/month plus real estate taxes, renters insurance, utilities, lawn, pest, A/C, roof & pool maintenance. Great place to park some money in quality real estate with guaranteed income & 100% occupancy. Possible future limited commercial potential.

Details

Property type

Single Family Residence

Est. home value

$1,285,397

Lot size

1.28 acres

Price per sq ft

$1,225

Year built

1981

Annual property taxes

$9,432

HOA

Yes

Price History

09/16/2024
Beaches

Beaches #R10885252

Listed
$4,899,900
08/26/2024
Beaches

Beaches #R10885252

Removed
$4,899,900
08/25/2024
Beaches

Beaches #R10885252

Price change
$4,899,900
+1.03%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wachovia Bank Na

Loan start date

December 2005

Original loan amount

$612,000

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

Credit Line (Revolving), 40 year

Seller

Robert A Berman and Joanne F Berman

Lender

Greenpoint Mtg Fndg

Loan start date

April 2001

Original loan amount

$237,250

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

New Conventional

Seller

Robert A Berman and Joanne F Berman

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?

Similar Homes Nearby

SEF
$4,999,999
4 bd
|
4 ba
|
4,292 sq ft
|
House

12901 Marsh Lndg, Palm Beach Gardens, FL 33418

Beaches
$5,495,000
4 bd
|
5 ba
|
5,089 sq ft
|
House

7801 Old Marsh Rd, Palm Beach Gardens, FL 33418

Beaches
$4,300,000
4 bd
|
4.5 ba
|
4,155 sq ft
|
House

12921 Marsh Lndg, West Palm Beach, FL 33418

Status: Active

Tomo last checked: 11/19/2024 at 10:20 AM

Listing updated: 10/25/2024 at 9:45 AM

Listed by: Bob Berman, Berman Realty Phone #: (561) 627-1118

MLS: Beaches #R10885252

Beaches logo