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$254,999

Beds
2
Baths
2.0
sq ft
908

720 E Ocean Ave Unit 106, Boynton Beach, FL 33435

720 E Ocean Ave Unit 106

Boynton Beach, FL 33435

  • 52 days on market
    • Price drop $15,000↓
FNMA APPROVED!!! Rarely Available Garden-Level 2 Bedroom, 2 Bath ApartmentDiscover this exceptional garden-level apartment, offering 2 spacious bedrooms and 2 modern bathrooms, with the sparkling pool and vibrant outdoor amenities beyond your backdoor. Perfectly positioned near pristine beaches, shopping, fishing, and the lively atmosphere of Atlantic Ave, this home embodies the best of South Florida living. While boat dockage is not included with the unit, opportunities to purchase or lease may arise. Don't miss out on this rare opportunity!

Details

Property type

Condominium

Est. home value

$284,143

Lot size

Unknown

Price per sq ft

$281

Year built

1974

Annual property taxes

$839

Monthly HOA fee

$658

Price History

10/03/2024
Beaches

Beaches #R11013536

Price change
$254,999
-5.56%
08/16/2024
Beaches

Beaches #R11013536

Listed
$269,999
+42.86%
05/14/2018
Beaches

Beaches #R10379032

Sold
$189,000
+64.35%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Street Lights, Tennis Court(s)

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

$109,375
Asking price
$254,999
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$125,224
Cash to seller
$109,375

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

May 2018

Original loan amount

$141,750

Est. remaining balance

$125,224

Interest rate

4.44%

Loan type

New Conventional, 30 year

Seller

Michael T Folsom

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: 10/07/2024 at 4:15 AM

Listing updated: 10/04/2024 at 11:06 AM

Listed by: Cameron Sydenham, The Corcoran Group Phone #: (561) 278-0433

MLS: Beaches #R11013536

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