tomo logo

$21,500,000

Beds
5
Baths
9.0
sq ft
8,563

839 Orchid Dr, Boca Raton, FL 33432

839 Orchid Dr

Boca Raton, FL 33432

  • 79 days on market
Discover the pinnacle of ultra-luxury living at 839 Orchid Drive, a stunning residence nestled within an exclusive cul-de-sac of elite Boca Raton trophy estates. This contemporary masterpiece, meticulously crafted by the esteemed Empire Development, is a true embodiment of sophistication and elegance. Renowned for their attention to detail,Empire Development has fashioned this home using the very finest materials and finishes. Ideally situated on a semi-private Intracoastal cove with 160 feet of prime dockage, this remarkable estate offers a unique primary suite complete with dual bathrooms, each featuring its own walk-in closet and private terrace.

Details

Property type

Single Family Residence

Est. home value

$3,386,499

Lot size

0.24 acres

Price per sq ft

$2,511

Year built

2025

Annual property taxes

$37,527

Price History

09/05/2024
Beaches

Beaches #R11018359

Listed
$21,500,000
+845.05%
02/16/2021
Beaches

Beaches #R10622632

Sold
$2,275,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

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

$18,116,411
Asking price
$21,500,000
Closing costs (~8% of asking)
-$1,720,000
Est. remaining loan balance
-$1,663,589
Cash to seller
$18,116,411

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

February 2021

Original loan amount

$1,820,000

Est. remaining balance

$1,663,589

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Jeffrey Queen and Marissa Queen

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: 11/23/2024 at 3:55 AM

Listing updated: 09/30/2024 at 4:38 PM

Listed by: Senada Adzem, Douglas Elliman Phone #: (561) 245-2635

MLS: Beaches #R11018359

Beaches logo

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