tomo logo

$525,000

Beds
1
Baths
1.0
sq ft
857

801 S Olive Ave Unit 929, West Palm Beach, FL 33401

801 S Olive Ave Unit 929

West Palm Beach, FL 33401

  • 144 days on market
Gorgeous one bedroom, one bathroom ''pied-a-terre'' condo in One City Plaza. This unit features custom hardwood floors throughout, light and bright designer furniture, walk in closets, storage, an oversized balcony and spa like bathroom. One City Plaza is the most coveted building in downtown West Palm Beach offering 24-hour concierge and security, valet, storage units, private garage parking, a rooftop pool with sweeping intracoastal views, sauna/spa amenities, a clubhouse, fitness center and more. This is one of the few remaining 1/1 units, do not miss this opportunity to own in this high-end building.

Details

Property type

Condominium

Est. home value

$453,204

Lot size

Unknown

Price per sq ft

$613

Year built

2006

Annual property taxes

$2,900

Monthly HOA fee

$990

Price History

05/14/2024
Beaches

Beaches #R10987082

Listed
$525,000
+2.94%
04/14/2024
Beaches

Beaches #R10821089

Removed
$510,000
02/04/2024
Beaches

Beaches #R10821089

Price change
$510,000
-2.86%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse

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

$326,329
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$156,671
Cash to seller
$326,329

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

February 2020

Original loan amount

$172,500

Est. remaining balance

$156,671

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Marina Moore

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 12:05 AM

Listing updated: 09/30/2024 at 5:14 PM

Listed by: Tawny Wolf, Engel & Volkers Wellington Phone #: (561) 791-2220

MLS: Beaches #R10987082

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