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$1,550,000

Beds
4
Baths
3.0
sq ft
2,000

720 Ponce de Leon Dr, Fort Lauderdale, FL 33316

720 Ponce de Leon Dr

Fort Lauderdale, FL 33316

  • 42 days on market
Step into luxury in the prestigious Rio Vista neighborhood in the heart of East Fort Lauderdale. This stylish residence boasts a main house with 3 spacious bedrooms and 2 modern bathrooms, complemented by a charming guest house featuring an additional room and a 3rd bathroom. The heart of the home is its beautifully remodeled open kitchen, seamlessly blending with elegant hardwood floors and upgraded bathrooms. Enjoy seamless indoor-outdoor living with a stunning covered patio, perfect for entertaining. The property also offers impact windows and doors, an oversized driveway, and a garage. With its elegant updates and prime location, this home is truly a must-see gem!

Details

Property type

Single Family Residence

Est. home value

$1,047,702

Lot size

5,783 sq ft

Price per sq ft

$775

Year built

1931

Annual property taxes

$14,842

Price History

08/09/2024
SEF

SEF #A11638995

Listed
$1,550,000
+93.75%
07/17/2020
Beaches

Beaches #F10202072

Sold
$800,000

Schools & Community

Neighborhood: 

Rio Vista

Elementary school: 

Harbordale

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Sidewalks

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

$961,507
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$464,493
Cash to seller
$961,507

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

July 2020

Original loan amount

$510,000

Est. remaining balance

$464,493

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Alex Jean and Stephanie Chocron

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: 09/20/2024 at 12:20 PM

Listing updated: 08/25/2024 at 2:07 PM

Listed by: Allison Miller, Keller Williams Elite Properties Phone #: (305) 931-2224

MLS: SEF #A11638995

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