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$140,000

Beds
2
Baths
2.0
sq ft
1,000

7664 NW 18th St Unit 306, Margate, FL 33063

7664 NW 18th St Unit 306

Margate, FL 33063

  • 228 days on market
    • Price drop $10,000↓
Quiet 55+ community located in Palm Springs 2 condo. Two bedrooms two bathrooms of 1000sq ft with large balcony and hurricane shutters. Washer and Dryer in Unit. Clubhouse, pool, and library in community. Credit score 675+, min. annual income $32000. Move-in fee $250. HOA approval required. 3 months of prepaid maintenance required ($620x3). HOA includes water and cable. Can lease after 2 years.

Details

Property type

Condominium

Est. home value

$190,581

Lot size

Unknown

Price per sq ft

$140

Year built

1979

Annual property taxes

$953

Monthly HOA fee

$620

Price History

01/11/2025
SEF

SEF #A11610747

Price change
$140,000
-6.67%
10/10/2024
SEF

SEF #A11610747

Price change
$150,000
-9.09%
08/31/2024
SEF

SEF #A11610747

Price change
$165,000
-6.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

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

$93,947
Asking price
$140,000
Closing costs (~8% of asking)
-$11,200
Est. remaining loan balance
-$34,853
Cash to seller
$93,947

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

Seller’s Loan History

Lender

Supreme Lending

Loan start date

April 2015

Original loan amount

$44,250

Est. remaining balance

$34,853

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Jean Hugues Fenelon and Marie Rose Fenelon

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: 01/23/2025 at 8:30 AM

Listing updated: 01/10/2025 at 9:20 PM

Listed by: Gloria Docilait, LPT Realty Phone #: (877) 366-2213

MLS: SEF #A11610747

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