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$450,000

Beds
3
Baths
2.0
sq ft
1,147

740 SW 10th St, Pompano Beach, FL 33060

740 SW 10th St

Pompano Beach, FL 33060

  • 4 days on market
A nice SFH w/ CASH FLOW OPPORTUNITY. Great opportunity for income producing property in the the heart of Pompano Beach. You are 10 mins from I95, centrally located and on the borderline of Fort Lauderdale. The main house is 2 beds/ 1 bath and the second unit is 1 bed/ 1 bath. with its own entrance. The property is completely remodeled, huge backyard with a big potential space to build a pool. Laundry room outside . Newer water heater, newer appliances, newer AC, new washer and dryer. Large fenced backyard, 2 assigned spots. Currently being used as short term rental. Owner is very motivated.

Details

Property type

Single Family Residence

Est. home value

$443,967

Lot size

6,945 sq ft

Price per sq ft

$393

Year built

1958

Price History

07/01/2024
Beaches

Beaches #F10448920

Listed
$450,000
+2.27%
01/19/2024
SEF

SEF #A11458550

Sold
$440,000
-2.22%
11/13/2023
SEF

SEF #A11458550

Pending
$450,000
+18.42%

Schools & Community

Neighborhood: 

South Dixie

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

$130,132
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$283,868
Cash to seller
$130,132

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

January 2024

Original loan amount

$285,000

Est. remaining balance

$283,868

Interest rate

7.22%

Loan type

New Conventional, 30 year

Seller

Nadia Toussaint

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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351 NE 58th Ct, Fort Lauderdale, FL 33334

Status: Active

Tomo last checked: 07/04/2024 at 11:25 PM

Listing updated: 07/02/2024 at 9:38 AM

Listed by: Natasha Mason, Kingdom Keys Home Solutions, I Phone #: (954) 934-8656

MLS: Beaches #F10448920

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