tomo logo

$525,000

Beds
1
Baths
1.5
sq ft
1,096

801 S Olive Ave Unit 413, West Palm Beach, FL 33401

801 S Olive Ave Unit 413

West Palm Beach, FL 33401

  • 50 days on market
Rare Loft Condo in the Heart of Downtown West Palm BeachThis unique loft condo features double-height ceilings and large windows with remote-controlled coverings, filling the space with natural light. The open living area is perfect for dining and relaxing, with direct access to a charming terrace. The kitchen is well-equipped with ample storage and all necessary appliances.Near the entrance, there's a guest bathroom and a laundry area with washer and dryer. Upstairs, the mezzanine hosts a spacious bedroom, walk-in closet, and a modern bathroom with tub, shower, and double sinks.One City Plaza offers a rooftop pool, gym, meeting room, 24/7 front desk, and valet parking, all just minutes away from the city's finest restaurants, shops and entertainment.

Details

Property type

Condominium

Est. home value

$451,428

Lot size

Unknown

Price per sq ft

$480

Year built

2006

Annual property taxes

$3,736

Monthly HOA fee

$1,168

Price History

10/03/2024
Beaches

Beaches #R11025940

Listed
$525,000
+133.33%
03/20/2019
Beaches

Beaches #R10496095

Sold
$225,000

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

$343,586
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$139,414
Cash to seller
$343,586

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

Seller’s Loan History

Lender

Np Inc

Loan start date

March 2019

Original loan amount

$202,500

Est. remaining balance

$139,414

Interest rate

3.88%

Loan type

New Conventional, 15 year

Seller

Donna M Adamo

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 10:50 AM

Listing updated: 10/17/2024 at 9:15 PM

Listed by: Thomas Herremans, KW Reserve Palm Beach Phone #: (561) 966-4000

MLS: Beaches #R11025940

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