tomo logo

$1,899,000

Beds
5
Baths
4.0
sq ft
2,835

801 Ardmore Rd, West Palm Beach, FL 33401

801 Ardmore Rd

West Palm Beach, FL 33401

  • 259 days on market
    • Price drop $96,000↓
HUGE OPPORTUNITY This impressively renovated Multi-Structure Property, showcases a 3bd/2bth Main Home, a separate Cabana/Casita with generously sized bedroom and full bathroom, as well as a 1bd/1bth Guest House with a possible office/den. A stunning pool area, including heated spa and sun shelf, acts as the central focal point with upscale summer kitchen, multiple lounging areas, and a covered sitting space complete with a fire pit. The fully fenced and beautifully landscaped yard provides a tranquil place for outdoor enjoyment and relaxation. Nestled in Flamingo Park, a historic community near downtown West Palm Beach, this home offers easy access to a variety of local amenities, dining establishments, and entertainment options. Welcome to paradise!

Details

Property type

Single Family Residence

Est. home value

$1,441,534

Lot size

0.23 acres

Price per sq ft

$670

Year built

1945

Annual property taxes

$16,509

Price History

11/01/2024
Beaches

Beaches #R10966229

Price change
$1,899,000
-4.81%
10/17/2024
Beaches

Beaches #R10966229

Pending
$1,995,000
06/11/2024
Beaches

Beaches #R10966229

Price change
$1,995,000
-4.98%

Schools & Community

Neighborhood: 

Flamingo Park

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

$1,250,840
Asking price
$1,899,000
Closing costs (~8% of asking)
-$151,920
Est. remaining loan balance
-$496,240
Cash to seller
$1,250,840

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

April 2020

Original loan amount

$548,000

Est. remaining balance

$496,240

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

James Clifford Edwards and Lee Anne Edwards

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?

Similar Homes Nearby

Price drop
Beaches
$1,999,000
4 bd
|
4 ba
|
2,178 sq ft
|
House

240 Marlborough Rd, West Palm Beach, FL 33405

Price drop
Beaches
$2,150,000
- bd
|
- ba
|

3500 S Dixie Hwy, West Palm Beach, FL 33405

Price drop
Beaches
$2,175,000
4 bd
|
3 ba
|
1,757 sq ft
|
House

310 Edgewood Dr, West Palm Beach, FL 33405

Status: Active

Tomo last checked: 11/20/2024 at 4:20 AM

Listing updated: 11/07/2024 at 5:25 PM

Listed by: Aimee O'Neill Gilligan O'Neill, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R10966229

Beaches logo