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$1,050,000

Beds
9
Baths
4.0
sq ft
3,368

8176 Scenic Turn, Boca Raton, FL 33433

8176 Scenic Turn

Boca Raton, FL 33433

  • 53 days on market
This home qualifies for a $20,000 credit towards the buyers interest rate buy down or can be used towards the buyers closing costs. Reach out for details. Discover this exceptional income-producing property, perfectly designed for both comfort and profitability. This spacious 9-bedroom, 4-bathroom home is fully rented and offers an ideal investment opportunity in the heart of Boca Raton. All rooms are fully furnished (beds, furniture, linen, & TVs). The first floor features a well-thought-out layout with 6 generously sized bedrooms. The master suite comes complete with a private bath, offering a serene retreat for its occupant. Additionally, a self-contained studio with its own private bath is perfect for guests or tenants seeking extra privacy.

Details

Property type

Single Family Residence

Est. home value

$766,014

Lot size

6,053 sq ft

Price per sq ft

$312

Year built

1984

Annual property taxes

$9,169

Monthly HOA fee

$118

Price History

08/13/2024
Beaches

Beaches #R11012793

Listed
$1,050,000
+90.56%
08/26/2021
Beaches

Beaches #R10720201

Sold
$551,000

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

$503,563
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$462,437
Cash to seller
$503,563

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

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

August 2021

Original loan amount

$495,900

Est. remaining balance

$462,437

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Charles R Stewart and Mira M Nosseir

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: 10/05/2024 at 2:20 AM

Listing updated: 09/30/2024 at 4:32 PM

Listed by: Matthew Hornaday, EXP Realty LLC Phone #: (888) 883-8509

MLS: Beaches #R11012793

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