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$925,000

Beds
Unknown
sq ft
1,824

802 N M St Unit 1, Lake Worth Beach, FL 33460

802 N M St Unit 1

Lake Worth Beach, FL 33460

  • 30 days on market
This Downtown Lake Worth Beach quadruplex offers charming outdoor living for your paradise escape. Great property for investors. Good for both long term tenants and short term guests. it's conveniently located minutes from Lake Worth Beach with easy access to downtown's best shopping, dining, and nightlife. 2 units have been fully renovated. Complete with off-street parking and a fenced outdoor area for relaxation and barbecues. It offers true historic Lake Worth Beach living.

Details

Property type

Est. home value

$600,447

Lot size

6,750 sq ft

Price per sq ft

$508

Year built

1930

Annual property taxes

$9,439

Price History

11/22/2024
Beaches

Beaches #R11039355

Listed
$925,000
+439.36%
07/31/2014
Beaches

Beaches #F1296258

Sold
$171,500

Schools & Community

Neighborhood: 

Mango Groves

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$661,164
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$189,836
Cash to seller
$661,164

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2020

Original loan amount

$210,000

Est. remaining balance

$189,836

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Ezra Norman and Kelly Norman

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 2:35 PM

Listing updated: 12/10/2024 at 1:00 PM

Listed by: Steven T Koleno, Beycome of Florida LLC Phone #: (804) 656-5007

MLS: Beaches #R11039355

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