tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
2,258

806 Minnesota St, Lantana, FL 33462

806 Minnesota St

Lantana, FL 33462

  • 43 days on market
    • Price drop $51,000↓
NO HOA. Spacious, updated single family home with a pool on a large gated lot! Just minutes from the intracoastal and the ocean. Converted garage for an extra large fourth room. Short term rentals allowed. Don't miss out on this rare opportunity to own a home of this size in such a desirable location. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$503,833

Lot size

Unknown

Price per sq ft

$221

Year built

1957

Annual property taxes

$7,577

Price History

12/17/2024
Beaches

Beaches #R11044121

Price change
$499,000
-9.27%
12/11/2024
Beaches

Beaches #R11044121

Listed
$550,000
+7.84%
07/30/2024
Beaches

Beaches #R10962196

Sold
$510,000
-7.27%

Schools & Community

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

-$70,288
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$529,368
Cash to seller
-$70,288

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

Seller’s Loan History

Lender

Plains Commerce Bank

Loan start date

May 2023

Original loan amount

$540,000

Est. remaining balance

$529,368

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Jose Maleh

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?

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Status: Active

Tomo last checked: 01/23/2025 at 9:30 AM

Listing updated: 01/03/2025 at 1:16 PM

Listed by: Kristen Juozenaite, Epique Realty, Inc. Phone #: (888) 893-3537

MLS: Beaches #R11044121

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