tomo logo

$675,000

Beds
3
Baths
3.5
sq ft
1,826

701 SE 16th St Unit 5, Fort Lauderdale, FL 33316

701 SE 16th St Unit 5

Fort Lauderdale, FL 33316

  • 134 days on market
    • Price drop $20,000↓
Harbor Vista Townhome in the heart of downtown Fort Lauderdale! Featuring 3 levels comprised of 3 bedrooms and 3.1 baths all beautifully renovated. Airy open floor plan with new built-in wet bar with wine cooler in the living area perfect to entertain family and friends. Brand new Chef's kitchen with custom cabinetry, quartz countertops and stainless-steel appliances and an oversized balcony off the kitchen. Impact windows & doors, newer wood & carpeted floors. En-suite Primary bedroom with dual sink, shower and tub. New AC and tankless water heater. Located only minutes away from the beach, Las Olas, and Fort Lauderdale airport. Desirable A rated Harbordale Elementary school district.

Details

Property type

Townhouse

Est. home value

$604,318

Lot size

Unknown

Price per sq ft

$370

Year built

2008

Annual property taxes

$8,879

Monthly HOA fee

$590

Price History

06/23/2024
Beaches

Beaches #F10421208

Price change
$675,000
-2.88%
06/03/2024
Beaches

Beaches #F10421208

Price change
$695,000
-7.33%
03/19/2024
Beaches

Beaches #F10421208

Price change
$750,000
-9.53%

Schools & Community

Neighborhood: 

Harbordale

Elementary school: 

Harbordale

Middle school: 

Sunrise

High school: 

Fort Lauderdale

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

$370,194
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$250,806
Cash to seller
$370,194

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

December 2021

Original loan amount

$265,000

Est. remaining balance

$250,806

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Evan R Jaxtheimer and Jessica A Jaxtheimer

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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$599,900
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Townhouse

275 SE 22nd St Unit 275, Fort Lauderdale, FL 33316

Status: Active

Tomo last checked: 07/03/2024 at 12:45 PM

Listing updated: 06/23/2024 at 11:02 AM

Listed by: Greg Jaxtheimer, Florida Luxurious Properties Phone #: (954) 870-4080

MLS: Beaches #F10421208

Beaches logo

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