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$7,999,999

Beds
5
Baths
7.5
sq ft
7,130

709 Isle of Palms Dr, Fort Lauderdale, FL 33301

709 Isle of Palms Dr

Fort Lauderdale, FL 33301

  • 5 days on market
Spectacular Las Olas custom waterfront estate with 100' WF of deep-water dockage and direct ocean access. Located near the point on one of Fort Lauderdale's most exclusive islands, this residence features 6 bedrooms, 7.5 bathrooms and an expansive 7100 square feet of interior space. Double entrance doors open to stunning staircase & great room, floor-ceiling windows, 25' ceilings & dramatic view to pool & waterway. Chef's kitchen, butler's pantry & catering area. Primary suite includes private staircase and large covered balcony boasting fantastic views of the intracoastal waterway. This estate also features a full cabana bath, top of the line outdoor kitchen, floating dock and more. Exquisite craftsmanship throughout, the estate is turnkey and ready to move in.

Details

Property type

Single Family Residence

Est. home value

$7,106,279

Lot size

0.3 acres

Price per sq ft

$1,123

Year built

2004

Annual property taxes

$67,778

Price History

11/19/2024
SEF

SEF #A11695657

Listed
$7,999,999
11/13/2024
SEF

SEF #A11485690

Removed
$7,999,999
11/13/2023
SEF

SEF #A11485690

Listed
$7,999,999
+138.81%

Schools & Community

Neighborhood: 

Las Olas Isles

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

$5,132,133
Asking price
$7,999,999
Closing costs (~8% of asking)
-$640,000
Est. remaining loan balance
-$2,227,866
Cash to seller
$5,132,133

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2018

Original loan amount

$2,500,000

Est. remaining balance

$2,227,866

Interest rate

4.59%

Loan type

New Conventional, 30 year

Seller

Ernest Wharton and Jennifer Wharton

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: 11/24/2024 at 9:20 AM

Listing updated: 11/19/2024 at 10:05 AM

Listed by: Jonathan Minerick, HomeCoin.com Phone #: (888) 400-2513

MLS: SEF #A11695657

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