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$1,399,000

Beds
3
Baths
2.0
sq ft
1,240

727 S Lake Dr, Lantana, FL 33462

727 S Lake Dr

Lantana, FL 33462

  • 238 days on market
    • Price drop $51,000↓
Introducing a stunning 3-bedroom, 2-bathroom oasis nestled in the serene East Lantana neighborhood. This remarkable property features a sprawling double lot, perfect for relaxation and entertainment. Currently used as a successful Airbnb retreat, the home is sold fully furnished, offering a seamless transition for new owners. Step outside and discover your own private paradise, complete with a luxurious hot tub, a charming pergola, and a chic stock tank pool, ideal for soaking up the Florida sunshine. The expansive pavered patio provides ample space for outdoor gatherings and al fresco dining. Inside, the home is bathed in natural light thanks to the impact windows throughout, creating a warm and inviting atmosphere. With a convenient carport and a circular driveway, parking is a breeze.

Details

Property type

Single Family Residence

Est. home value

$534,003

Lot size

7 sq ft

Price per sq ft

$1,129

Year built

1955

Annual property taxes

$11,475

Monthly HOA fee

$150

Price History

09/05/2024
Beaches

Beaches #R10968170

Price change
$1,399,000
-3.52%
08/12/2024
Beaches

Beaches #R10968170

Price change
$1,450,000
-6.45%
07/02/2024
Beaches

Beaches #R10968170

Price change
$1,550,000
-2.52%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$957,013
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$330,067
Cash to seller
$957,013

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

Seller’s Loan History

Lender

Np Inc

Loan start date

January 2022

Original loan amount

$350,400

Est. remaining balance

$330,067

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Curtis Brown

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: 11/05/2024 at 6:35 AM

Listing updated: 09/30/2024 at 4:57 PM

Listed by: CB Brown, Hampton Real Estate Group Phone #: (561) 278-5104

MLS: Beaches #R10968170

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