tomo logo

$749,000

Beds
2
Baths
2.0
sq ft
1,264

801 S Olive Ave Unit 1418, West Palm Beach, FL 33401

801 S Olive Ave Unit 1418

West Palm Beach, FL 33401

  • 224 days on market
    • Price drop $50,000↓
Indulge in the epitome of urban luxury living with this exquisite 2 bedroom, 2 bathroom condo in One City Plaza, boasting unparalleled views within a coveted downtown West Palm Beach location. A custom built-in enhances the spacious living room, while the warm-toned kitchen adorned with granite countertops beckons culinary enthusiasts. The master bedroom offers built-in bench and desk, two closets, and a spa-like ensuite featuring a walk-in shower, tub, and double sinks with beautiful custom designed mirrors and wall feature. The guest bedroom boasts plenty of space and natural light. Laundry room is conveniently located within unit. Relax on the balcony to savor the cityscape and serene garden views.

Details

Property type

Condominium

Est. home value

$733,660

Lot size

Unknown

Price per sq ft

$593

Year built

2006

Annual property taxes

$5,923

Monthly HOA fee

$1,347

Price History

11/16/2024
Beaches

Beaches #R10986918

Price change
$749,000
-6.26%
05/29/2024
Beaches

Beaches #R10986918

Price change
$799,000
-3.15%
05/13/2024
Beaches

Beaches #R10986918

Listed
$825,000
+157.81%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Park, 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

$412,176
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$276,904
Cash to seller
$412,176

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

November 2020

Original loan amount

$304,000

Est. remaining balance

$276,904

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Sandy Philipos

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 7:35 PM

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

Listed by: Andy Glass, Glass Realty, LLC Phone #: (561) 295-4006

MLS: Beaches #R10986918

Beaches logo