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$479,000

Beds
1
Baths
1.5
sq ft
1,071

801 S Olive Ave Unit 208, West Palm Beach, FL 33401

801 S Olive Ave Unit 208

West Palm Beach, FL 33401

  • 2 days on market
Soaring 26 foot condo! Lots of light facing South 2 story loft in one of the most desirable buildings Downtown One City Plaza! This condo is on the 2nd floor with beautiful views of Palm Trees with no other condos looking at you. Kitchen & living area all wood flooring, newer appliances, Washer Dryer inside unit, Lots of closets with bedroom upstairs with carpet. Great parking spot 182 close to the ground level and near your home. Large Storage room included. HOA includes water, internet, basic cable, trash, valet parking, 24/7 lobby person and security, heated swimming pool, sauna, steam room, grilling area, gym, clubroom. The Association is in full compliance with the statutory 'Structural Integrity Reserve Study' (SIRS) requirements. The are no prefunding requirements no assesments.

Details

Property type

Condominium

Est. home value

$458,971

Lot size

350 sq ft

Price per sq ft

$448

Year built

2006

Annual property taxes

$3,634

Monthly HOA fee

$1,141

Price History

10/03/2024
Beaches

Beaches #R11026143

Listed
$479,000
+95.91%
12/06/2019
Beaches

Beaches #R10569373

Sold
$244,500
+11.14%
06/17/2014
Beaches

Beaches #R9998193

Sold
$220,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights, Sidewalks

Number of units in community: 

350

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

$227,013
Asking price
$479,000
Closing costs (~8% of asking)
-$38,320
Est. remaining loan balance
-$213,667
Cash to seller
$227,013

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

March 2022

Original loan amount

$226,000

Est. remaining balance

$213,667

Interest rate

3.55%

Loan type

New Conventional, 28 year

Seller

Alex Oliver and Anamaria Ocampo Oliver

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: 10/05/2024 at 1:30 AM

Listing updated: 10/03/2024 at 9:56 PM

Listed by: Ginger L Gowing, Luxury Real Estate Group LLC Phone #: (561) 929-7304

MLS: Beaches #R11026143

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