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$6,150,000

Beds
5
Baths
7.0
sq ft
6,051

721 NE 38th St, Boca Raton, FL 33431

721 NE 38th St

Boca Raton, FL 33431

  • 5 days on market
Remastered prime corner Lake Rogers Isle Deepwater estate. A drive up motor court with covered Portes-cocheres ushers guests to this magnificent villa with resort style pool entertainment area. Protected boat dockage minutes from the Intracoastal and Ocean. Conveniently located near the Spanish River Beaches and Mizner Park. Shown by appointment only.

Details

Property type

Single Family Residence

Est. home value

$5,393,808

Lot size

Unknown

Price per sq ft

$1,017

Year built

2006

Annual property taxes

$62,227

Price History

01/17/2025
Beaches

Beaches #R11053309

Listed
$6,150,000
+44.71%
02/14/2022
Beaches

Beaches #R10765314

Sold
$4,250,000

Schools & Community

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

$2,467,473
Asking price
$6,150,000
Closing costs (~8% of asking)
-$492,000
Est. remaining loan balance
-$3,190,527
Cash to seller
$2,467,473

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

Seller’s Loan History

Lender

Ubs Bank Usa

Loan start date

February 2022

Original loan amount

$3,400,000

Est. remaining balance

$3,190,527

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Lance Kaplan and Ilana Kaplan

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: 01/22/2025 at 11:00 AM

Listing updated: 01/20/2025 at 7:15 PM

Listed by: Gerry Liguori, Premier Estate Properties Inc Phone #: (561) 394-7700

MLS: Beaches #R11053309

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