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$533,000

Beds
2
Baths
1.0
sq ft
822

777 N Ocean Dr Unit N228, Hollywood, FL 33019

777 N Ocean Dr Unit N228

Hollywood, FL 33019

  • 477 days on market
    • Price drop $51,000↓
Easily the best unit with reduced pricing! Beachfront condo with NO RENTAL RESTRICTIONS with 5 star amenities! Make this an investment opportunity or your vacation home while renting daily, weekly, or monthly! The possibilities are endless as this unit has one of the largest balconies for you or your guest to lounge in. The building provides 24-hour valet and concierge service, a sun deck spa and pool, fitness center, rooftop bar and grill all with direct ocean access to the beach and the famous Hollywood broadwalk with access to all! Various dining and drinking spots all while 5 minutes away to the Historic downtown Hollywood. The unit includes one permitted parking spot. Do Not Miss Out! Currently in the Hotel Program.

Details

Property type

Condominium

Est. home value

$567,938

Lot size

Unknown

Price per sq ft

$649

Year built

2017

Annual property taxes

$7,962

Monthly HOA fee

$1,492

Price History

03/04/2024
SEF

SEF #A11368230

Price change
$533,000
-8.73%
04/06/2023
SEF

SEF #A11368230

Listed
$584,000
+11.88%
06/10/2022
SEF

SEF #A11132188

Sold
$522,000

Schools & Community

Neighborhood: 

South Central Beach

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

$169,150
Asking price
$533,000
Closing costs (~8% of asking)
-$42,640
Est. remaining loan balance
-$321,210
Cash to seller
$169,150

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

Seller’s Loan History

Lender

Oaktree Funding Corp

Loan start date

June 2022

Original loan amount

$331,500

Est. remaining balance

$321,210

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Anastasia Thelusma

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: 07/25/2024 at 8:20 PM

Listing updated: 03/04/2024 at 3:04 PM

Listed by: Anastasia Thelusma, Reliance Int'l Rlty Group Corp Phone #: (954) 922-9400

MLS: SEF #A11368230

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