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$485,000

Beds
2
Baths
2.0
sq ft
1,440

801 Lake Shore Dr Unit 814, West Palm Beach, FL 33403

801 Lake Shore Dr Unit 814

Lake Park, FL 33403

  • 217 days on market
    • Price drop $14,999↓
Step into your retirement paradise with this exquisite penthouse, offering unparalleled waterfront living with water views from every window. Drink in the breathtaking views of the Intracoastal Waterway on your huge balcony. This spacious 2-bedroom, 2-bath unit is located in a gated, active 55+ community. Recently renovated with impeccable taste from top to bottom and features many designer touches. The light and bright kitchen is perfect for any chef. The bedrooms and bathrooms are spacious, with the owner's bedroom featuring a huge walk-in closet and expansive water views. Just a five minute drive to the beach. Only 5% required to close or 3% if you haven't owned in the previous 3 years.Cable, wifi, water, exterior insurance included. Milestone inspection has been passed.

Details

Property type

Condominium

Est. home value

$357,033

Lot size

Unknown

Price per sq ft

$337

Year built

1974

Annual property taxes

$5,811

Monthly HOA fee

$750

Price History

12/09/2024
Beaches

Beaches #R10988932

Price change
$485,000
-3%
10/22/2024
Beaches

Beaches #R10988932

Price change
$499,999
-3.66%
10/10/2024
Beaches

Beaches #R10988932

Price change
$519,000
-3.71%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Park, Street Lights, Sidewalks

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

$212,248
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$233,952
Cash to seller
$212,248

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

May 2022

Original loan amount

$243,750

Est. remaining balance

$233,952

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Susie Ceruto

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: 12/22/2024 at 8:10 PM

Listing updated: 12/10/2024 at 12:49 PM

Listed by: Laura Atkinson, Realty ONE Group Innovation Phone #: (561) 501-0055

MLS: Beaches #R10988932

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