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$449,000

Beds
2
Baths
2.0
sq ft
1,266

720 Bayshore Dr Unit 504, Fort Lauderdale, FL 33304

720 Bayshore Dr Unit 504

Fort Lauderdale, FL 33304

  • 185 days on market
    • Price drop $26,000↓
A Beach Location Gem! Boasting With Sunlight Is This Coastal And Cozy 2 Bedroom, 2 Full Bath Condo With Lanai. Unit Features A Beautiful Primary Bedroom With Walk In Closet And Private Bathroom. Open Dining And Living Space Leads Into Your Cozy Lanai For Morning Coffee With Sunrises Included. Kitchen Has Brand New Stainless Steel Appliances With Granite Counters. HVAC And Water Heater Were Recently Replaced. Close to Downtown Las Olas, Galleria Mall. Building Is Well Managed, Passed It's 40 Year Inspection And Has Good Reserves. Condo Amenities Include Common Laundry Room On Each Floor, A Community Room With Wifi, Outdoor Heated Pool, Outdoor Shower, Gas BBQ Grill, Bicycle Rack, Updated Elevator And Secured Fob Keyless Entry.

Details

Property type

Condominium

Est. home value

$387,575

Lot size

Unknown

Price per sq ft

$355

Year built

1974

Annual property taxes

$1,393

Monthly HOA fee

$750

Price History

04/03/2024
Beaches

Beaches #F10415913

Price change
$449,000
-5.47%
01/03/2024
Beaches

Beaches #F10415913

Listed
$475,000

Schools & Community

Neighborhood: 

Central Beach Alliance

Elementary school: 

Harbordale

Middle school: 

Sunrise

High school: 

Fort Lauderdale

Number of units in community: 

35

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

$260,042
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$153,038
Cash to seller
$260,042

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

May 2023

Original loan amount

$155,000

Est. remaining balance

$153,038

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Nicholas Fuschino and Vincent Demichele

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?

Status: Active

Tomo last checked: 07/06/2024 at 2:40 AM

Listing updated: 05/28/2024 at 4:50 PM

Listed by: Ryan Robles, Douglas Elliman Phone #: (954) 874-0740

MLS: Beaches #F10415913

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