tomo logo

$499,000

Beds
1
Baths
1.5
sq ft
1,020

801 S Olive Ave Unit 815, West Palm Beach, FL 33401

801 S Olive Ave Unit 815

West Palm Beach, FL 33401

  • 103 days on market
    • Price drop $30,000↓
Move-in ready! This immaculate oversized 1 Bedroom 1.5 bath unit with 10 foot ceilings in the luxurious One City Plaza in downtown West Palm Beach. This unit boasts one of the largest one-bedroom floor plans available. Freshly remodeled with a beautiful new kitchen with white cabinets, quartz countertops and gorgeous finishes. This pristine unit is freshly painted and has new carpet in the bedroom and beautiful tile in the living room. Features include a spacious marble primary bathroom retreat, new A/C unit, all impact glass and washer and dryer in the unit. One City Plaza is a luxurious, full-service building with 24-hour doorman, free valet, a rooftop pool featuring gorgeous amenities (grills, lounge area, spa, and more), a fitness center, management on site.

Details

Property type

Condominium

Est. home value

$477,012

Lot size

1.35 acres

Price per sq ft

$490

Year built

2006

Annual property taxes

$8,834

Monthly HOA fee

$1,087

Price History

12/01/2024
Beaches

Beaches #R11022772

Price change
$499,000
-5.67%
09/16/2024
Beaches

Beaches #R11022772

Listed
$529,000
+80.85%
04/01/2021
Beaches

Beaches #R10692046

Sold
$292,500

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated

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

$166,238
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$292,842
Cash to seller
$166,238

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2022

Original loan amount

$308,000

Est. remaining balance

$292,842

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Donald C Devine

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: 12/28/2024 at 8:20 AM

Listing updated: 12/10/2024 at 10:50 PM

Listed by: Paula Mikus, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R11022772

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