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$1,300,000

Beds
Unknown
sq ft
3,409

825 Truman St, Lake Worth Beach, FL 33460

825 Truman St

Lake Worth Beach, FL 33460

  • 124 days on market
Cash Flow Monster! Fully leased and stabilized: $11,500/m rental income plus laundry room income. All 4 units remodeled. Property sits on a corner lot (zoned MF 10) with ample parking and adjacent to Howard Park (family bbq, playgrounds, soccer, bbq) and the LWB Community Center. Very desirable area for families. Stabilized asset, please do not disturb the tenants. The property is located within 5 minutes from LWB Downtown, groceries, restaurants, the beach and near the Palm Beach State College.

Details

Property type

Est. home value

$790,612

Lot size

7,257 sq ft

Price per sq ft

$382

Year built

1960

Annual property taxes

$15,712

Price History

05/06/2024
Beaches

Beaches #R10957419

Removed
$1,075,000
-17.31%
05/06/2024
Beaches

Beaches #R10984901

Listed
$1,300,000
+20.93%
02/06/2024
Beaches

Beaches #R10957419

Listed
$1,075,000
+73.39%

Schools & Community

Neighborhood: 

Whispering Palms

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

$635,262
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$560,738
Cash to seller
$635,262

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

August 2021

Original loan amount

$599,307

Est. remaining balance

$560,738

Interest rate

3.02%

Loan type

FHA, 30 year

Seller

Gabriela Beltran and Maximilian Stalinski

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: 09/07/2024 at 7:55 PM

Listing updated: 09/02/2024 at 11:16 AM

Listed by: Max Stalinski, Keller Williams Coastal Partners Phone #: (561) 209-2500

MLS: Beaches #R10984901

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