tomo logo

$999,000

Beds
2
Baths
2.0
sq ft
1,333

801 S Olive Ave Unit 804, West Palm Beach, FL 33401

801 S Olive Ave Unit 804

West Palm Beach, FL 33401

  • 205 days on market
    • Price drop $51,000↓
Luxury in the heart of downtown. Amazing SE water views from every window. Stunning kitchen with dining island and stainless steel appliances Primary bedroom boasts 3 California closets. Large on suite polished marble bathroom with 2 vanities, roman tub and separate shower. Renovated 2nd bathroom. Upgrades throughout including all new electrical, high hats and lighting fixtures in all rooms, bathroom mirrors, faucets and fixtures. 24/7 manned lobby, guest and valet parking, state-of-the-art fitness center, club room. The Roof Top boasts amazing ocean and Palm Beach views and is where you can relax in the heated pool, steam room, sauna or BBQ and dine outdoors. Dog friendly building! 10 minutes to PBI airport or walk to Clematis. Condo fee incl. cable, wifi, trash,water, recycle.

Details

Property type

Condominium

Est. home value

$1,012,575

Lot size

1.35 acres

Price per sq ft

$750

Year built

2006

Annual property taxes

$20,071

Monthly HOA fee

$1,434

Price History

12/12/2024
Beaches

Beaches #R10992060

Price change
$999,000
-4.86%
05/31/2024
Beaches

Beaches #R10992060

Listed
$1,050,000
+7.8%
04/25/2022
Beaches

Beaches #R10784150

Sold
$974,000
+133.57%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, 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

$489,565
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$429,515
Cash to seller
$489,565

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2022

Original loan amount

$500,000

Est. remaining balance

$429,515

Interest rate

3.09%

Loan type

New Conventional, 15 year

Seller

Bruce M Paris and D Dee Paris

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 3:25 PM

Listing updated: 12/12/2024 at 12:25 PM

Listed by: D. Dee Paris, The Keyes Company Phone #: (561) 967-4300

MLS: Beaches #R10992060

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