tomo logo

$850,000

Beds
3
Baths
2.0
sq ft
1,363

725 N Ocean Breeze, Lake Worth Beach, FL 33460

725 N Ocean Breeze

Lake Worth Beach, FL 33460

  • 234 days on market
    • Price drop $25,000↓
This beautifully restored cottage exudes charm with original hardwoods, moldings, and cedar siding preserved, while enjoying modern updates such as a new roof, impact doors and windows, AC, and kitchen. The high-end kitchen features solid wood cabinets, quartz counters, farmhouse sink, and stainless appliances including a gas range. LED lighting throughout highlights the craftsmanship. Outdoor living is enhanced with a new pool and spa, while a detached garage offers potential as a guest house. Conveniently located near downtown Lake Worth, with easy access to Delray Beach and Palm Beach Island.

Details

Property type

Single Family Residence

Est. home value

$643,846

Lot size

6,750 sq ft

Price per sq ft

$624

Year built

1945

Annual property taxes

$12,871

Price History

12/18/2024
Beaches

Beaches #R10983754

Price change
$850,000
-2.86%
10/23/2024
Beaches

Beaches #R10983754

Price change
$875,000
-5.3%
08/13/2024
Beaches

Beaches #R10983754

Price change
$924,000
-2.63%

Schools & Community

Neighborhood: 

Parrot Cove

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, 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

$325,623
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$456,377
Cash to seller
$325,623

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2022

Original loan amount

$480,000

Est. remaining balance

$456,377

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Scott B Frost and Susanna Alexis Frost

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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1131 N Ocean Breeze, Lake Worth Beach, FL 33460

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Beaches
$875,000
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2 ba
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Condo

117 Lake Ave Unit 204, Lake Worth Beach, FL 33460

Status: Active

Tomo last checked: 12/22/2024 at 2:35 PM

Listing updated: 12/18/2024 at 5:55 PM

Listed by: Steve Presson, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R10983754

Beaches logo

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