tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
1,329

713 10th Ave N Unit 1, Lake Worth Beach, FL 33460

713 10th Ave N Unit 1

Lake Worth Beach, FL 33460

  • 66 days on market
Historic Lake Worth Beach single family home with detached cottage. Perfect for an owner occupant or as an investment opportunity with substantial income potential. The main house is 2 bedrooms and 1 bath, with new laminate floors throughout. Its spacious dining and living room lead through the kitchen and out to a large fenced in yard with plenty of room for a pool. The charming detached studio cottage is complete with a kitchen, bathroom, living room/ bedroom and its own outdoor space. Both units have separate gas &electric meters, access to an on-site washer and dryer and off street parking. Property is blocks to downtown, a few minutes to the beach and centrally located in Palm Beach County. Both units are currently tenant occupied.

Details

Property type

Single Family Residence

Est. home value

$549,881

Lot size

6,752 sq ft

Price per sq ft

$376

Year built

1925

Annual property taxes

$8,098

Price History

07/15/2024
Beaches

Beaches #R11004456

Listed
$499,000

Schools & Community

Neighborhood: 

Mango Groves

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

2

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

$220,309
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$238,771
Cash to seller
$220,309

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

March 2022

Original loan amount

$251,250

Est. remaining balance

$238,771

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Filippo Scavo

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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711 N E St, Lake Worth Beach, FL 33460

Status: Active

Tomo last checked: 09/19/2024 at 6:25 PM

Listing updated: 09/11/2024 at 8:56 AM

Listed by: Mike Luciano, LPT Realty, LLC Phone #: (561) 540-8979

MLS: Beaches #R11004456

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