tomo logo

$749,900

Beds
2
Baths
2.0
sq ft
1,333

801 S Olive Ave Unit 1521, West Palm Beach, FL 33401

801 S Olive Ave Unit 1521

West Palm Beach, FL 33401

  • 232 days on market
    • Price drop $25,100↓
NEWLY NEWLY PRICED to SELL! Best Price in the building with a fully renovated kitchen. This beautiful and full of light two-bedroom two-bath apartment in one of the premier buildings in downtown West Palm Beach. Features include a fully renovated white kitchen with quartz island, built in closets, utility room and balcony overlooking the palm trees and the courtyard fountains, and future Mr C pool. Enjoy daily sunsets! Building with 24/7 concierge, valet parking, heated rooftop pool and entertainment area with breathtaking ocean vistas, world class gym, sauna, steam room, BBQ area and more. Elevate your lifestyle with exclusive social events in one of the most sought-after buildings of Downtown. Easy to show! Includes an oversize and spacious storage unit. and 1 parking garage.

Details

Property type

Condominium

Est. home value

$851,602

Lot size

Unknown

Price per sq ft

$563

Year built

2006

Annual property taxes

$13,437

Monthly HOA fee

$1,434

Price History

07/19/2024
Beaches

Beaches #R10975324

Price change
$749,900
-3.24%
05/24/2024
Beaches

Beaches #R10975324

Price change
$775,000
-3%
05/08/2024
Beaches

Beaches #R10975324

Price change
$799,000
-4.31%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse

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

$197,754
Asking price
$749,900
Closing costs (~8% of asking)
-$59,992
Est. remaining loan balance
-$492,154
Cash to seller
$197,754

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

Seller’s Loan History

Lender

Princeton Mortgage Corp

Loan start date

April 2022

Original loan amount

$516,750

Est. remaining balance

$492,154

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Gloria Giudici

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 11:50 AM

Listing updated: 09/30/2024 at 5:12 PM

Listed by: Gloria Giudici, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R10975324

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