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$398,000

Beds
1
Baths
1.5
sq ft
1,071

801 S Olive Ave Unit 204, West Palm Beach, FL 33401

801 S Olive Ave Unit 204

West Palm Beach, FL 33401

  • Pending
    • Price drop $21,000↓
Live the downtown Florida lifestyle in the most fun and elegant building downtown. A+++ building with A+++ amenities and A+++ location!!!! Walk to shops, restaurants and the fun and excitement of downtown West Palm Beach. Enjoy complimentary Valet, 24 hour front desk staff and a covered parking garage in this pet friendly building. A rooftop pool with intracoastal views, BBQ facilities, steam and sauna rooms. A beautiful gym, club room and Zen Garden on the 7th floor courtyard. This unit features a one bedroom loft- style floor plan with built in closets, a wood and wrought iron spiral staircase, soaring 26 ft two story ceilings, huge windows with automatic blinds and

Details

Property type

Condominium

Est. home value

$481,782

Lot size

Unknown

Price per sq ft

$372

Year built

2006

Annual property taxes

$7,662

Monthly HOA fee

$1,141

Price History

08/14/2024
Beaches

Beaches #R10959191

Pending
$398,000
07/17/2024
Beaches

Beaches #R10959191

Price change
$398,000
-5.01%
06/17/2024
Beaches

Beaches #R10959191

Price change
$419,000
-4.64%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$149,339
Asking price
$398,000
Closing costs (~8% of asking)
-$31,840
Est. remaining loan balance
-$216,821
Cash to seller
$149,339

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2021

Original loan amount

$232,800

Est. remaining balance

$216,821

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Caiflyn Brophy

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: Pending/Under Contract

Tomo last checked: 09/08/2024 at 7:05 AM

Listing updated: 09/04/2024 at 1:43 AM

Listed by: Eric Schreiber, Leibowitz Realty Group, LLC/WPB Phone #: (561) 627-5100

MLS: Beaches #R10959191

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