tomo logo

$1,525,000

Beds
2
Baths
2.0
sq ft
1,277

801 S Olive Ave Unit 1201, West Palm Beach, FL 33401

801 S Olive Ave Unit 1201

West Palm Beach, FL 33401

  • 133 days on market
Enjoy unobstructed southern views from this reimagined 12th floor end unit at One City Plaza in Downtown WPB. Serenity pervades every corner of this residence, which boasts a completely redesigned kitchen with open shelving, bespoke cabinetry, dual dishwashers, leathered finish waterfall countertop, and Fisher & Paykel appliances. Other highlights include new dining/bar area with fixed bench seating, wine refrigerator, and open shelves. The primary bathroom includes a spacious dual shower w/ full slabs, a dual RH vanity adorned with designer stone sconces. The now versatile 2nd bedroom with Murphy bed and office seamlessly integrates with the living area through elegant black frame glass metal doors, enhancing natural light and offering stunning views of Palm Beach. Furniture negotiable.

Details

Property type

Condominium

Est. home value

$921,652

Lot size

Unknown

Price per sq ft

$1,195

Year built

2006

Annual property taxes

$9,861

Monthly HOA fee

$1,366

Price History

07/12/2024
Beaches

Beaches #R11003636

Listed
$1,525,000
-1.55%
07/01/2024
Beaches

Beaches #R10951803

Removed
$1,549,000
02/12/2024
Beaches

Beaches #R10951803

Price change
$1,549,000
-6.12%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights, Sidewalks

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

$875,023
Asking price
$1,525,000
Closing costs (~8% of asking)
-$122,000
Est. remaining loan balance
-$527,977
Cash to seller
$875,023

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

December 2021

Original loan amount

$625,000

Est. remaining balance

$527,977

Interest rate

2.37%

Loan type

New Conventional, 16 year

Seller

Leigh Louise Cashman

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: 11/22/2024 at 3:55 PM

Listing updated: 09/30/2024 at 5:24 PM

Listed by: Stephanie Schwed, Nest Seekers Florida, LLC Phone #: (561) 725-9229

MLS: Beaches #R11003636

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